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Official Economic Statistics: The Emperor’s Clothes are Dirty
By Robert Higgs
This article appeared in the Summer 1998 issue of The Independent Review


Abstract

Official economic statistics are poorly defined, imprecise, and incite envy and pernicious policy. Economists lament their decreasing availability, but this trend may turn out to be good for people’s pocketbooks and peace of mind.



Other Independent Review articles by Robert Higgs
    Summer 2015   Gross Domestic Product—an Index of Economic Welfare or a Meaningless Metric?
    Spring 2015   Compassion—a Critical Factor for Attaining and Maintaining a Free Society
    Winter 2015   Tolstoy’s Manifesto on the State, Christian Anarchy, and Pacifism
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Volume 3 Number 1
Summer 1998

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