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The Leading Indicators: A Short History Of The Numbers That Rule Our World (2014)

by Zachary Karabell(Favorite Author)

3.66 of 5 Votes: 5

ISBN

1451651201 (ISBN13: 9781451651201)

languge

English

genre

History & Biography

publisher

Simon & Schuster

review 1: Makes an excellent case that our key economic indicators which have so much impact on policy making are hopelessly outdated. GDP, inflation, unemployment are all markers that still carry immense influence but do not realistically address a modern world of globalization, transnational corporations, and a electro-digital world. He supplies innovative alternatives that may offer better gauges of 21st century economics. Quite readable with the only downside being it was a little repetitive in stressing how anachronistic the traditional economic indicators are. Nevertheless, still informative and thought-provoking.
review 2: I won this book through Good reads. I have always been skeptical of the media in general, especially the way the talking heads use statistics t... moreo measure the days leading indicators to arrive at so called accurate conclusions. The educated personalities in the media introduce the information in such a confident manner and they attempt to convince us that information is infallible and has been accurately collected for generations. I am happy to learn that my skepticism of the media is still justified. This was an excellent book for me because I like to know whats really going on. What makes this book so good is that an uneducated person can fully understand a very complex topic when written by Zachary Karabell. less

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