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.

Robert Higgs is Retired Senior Fellow in Political Economy, Founding Editor and former Editor at Large of The Independent Review.
Economic PolicyEconomistsEconomyFree Market EconomicsPhilosophy and Religion
Other Independent Review articles by Robert Higgs
Fall 2019 Pressure-Release Valves in Participatory Fascism
Winter 2018/19 Two Worlds: Politics and Everything Else
Fall 2018 Against the Whole Concept and Construction of the Balance of International Payments
[View All (62)]