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fred.stlouisfed.org
| | alfred.stlouisfed.org
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| | Graph and download revisions to economic data for from 1930 to 2023 about GDP and USA.
| | andolfatto.blogspot.com
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| | The U.S. federal budget deficit for 2018 came in just shy of $800 billion, or about 4% of the gross domestic product (the primary deficit, ...
| | economicsfromthetopdown.com
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| | For all that it purports to say, Gross Domestic Product (GDP) fails to explain anything relevant about the world.
| | www.greshm.org
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| Let's conduct a thought experiment. Imagine that the government is a black box whose internal workings are completely opaque to us. We know that this black box can add money to the economy through spending or remove money from the economy through taxation. But we have no idea why the government is administering fiscal policy (spending and taxing) the way it is. This thought experiment allows us to consider the effects of fiscal policy without becoming distracted by its underlying politics.