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The disbanding of committees that consulted on government data — and comments from a senior official about changing how GDP is calculated — are raising alarm about the reliability of ...
The Biden administration has set out to measure the economic value of ecosystems, offering new statistics to weigh in policy decisions.
President Trump’s firing of the BLS commissioner could undermine trust in the indicators the government releases.
Nonetheless, back in the mid-19th century, Jevons was pioneering the use of math and statistics in economics, charting the way for what would become known as neoclassical economics, which would ...
It was a move with few precedents in the century-long history of economic statistics in the United States. And for good reason: When political leaders meddle in government data, it rarely ends well.