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: https://Mises.org/HAP482aHuman Action Podcast Episode 481 on Business Cycle Theory: https://Mises.org/HAP482bBob's Mises Article on GDP: https://Mises.org/HAP482c