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

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 2017   Moderation in Response to Provocation Is No Vice
    Winter 2017   First, Do No Harm
    Fall 2016   Can the State Enforce Virtuous Behavior?
[View All (56)]



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