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TweetScott Lincicome ably defends GDP as a meaningful measure of economic performance. A slice: As I’ve written before, GDP has real methodological quirks. It’s basically a clunky aggregation of several economic indicators—private consumption, gross private investment, government spending, and net exports—that, even in normal times, can produce misleading snapshots of national economies. Import surges and […] The post Some Links appeared first on Cafe Hayek.