Official Economic Statistics
The Emperors 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 peoples pocketbooks and peace of mind.
|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|
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