Bob looks at the misconceptions and misuses of GDP accounting, explaining why this widely accepted metric often paints a misleading picture of economic health.

• Bob's 2009 Mises Article on Krugman: Mises.org/HAP482a
• Human Action Podcast Episode 481 on Business Cycle Theory: Mises.org/HAP482b
• Bob's Mises Article on GDP: Mises.org/HAP482c

The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree