Economic growth is the increase in the amount of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP. Growth is usually calculated in real terms, i.e. inflation-adjusted terms, in order to obviate the distorting effect of inflation on the price of the goods produced. In economics, "economic growth" or "economic growth theory" typically refers to growth of potential output, i.e.
All stories in Economic growth
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US presidential candidate Andrew Yang wants to fix ‘confusing’ cryptocurrency regulations (and give $1,000 to everyone)
Andrew Yang released a statement on cryptocurrency and digital assets yesterday, making a bid to regulate virtual assets ...
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Bitcoin’s creator totally turns 44 today – happy birthday, Satoshi Nakamoto
Today is also the day the US government took everyone's gold, and threatened hoarders with monstrous fines and imprisonment. ...
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Here are the 5 hottest startups in Portugal
It might be everyone’s dream to move to Portugal. Beautiful beaches, amazing food, and weather. Its vibrant startup scene ...
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Tech stocks are overvalued and it’s killing innovation
We’re entering an unprecedented era of advanced technology and behemoth tech companies driving its development. Earlier ...
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The last resort of failing tech companies is UX design - it won't save them
As designers in 2019, we have to take a stand on what we believe in and what we want for the world. The time to start fixing ...
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End of year crypto roundup: How did Litecoin perform in 2018?
With HTC Exodus adding support, the 2019 roadmap for Litecoin looks promising.
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Let's stop worshipping Silicon Valley in 2019
Silicon Valley is basically this American generation’s Detroit. It’s a business hub, an economic engine, and the stuff ...
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What we know about the ConsenSys layoffs, as told by a 'fired' employee
An anonymous ex-employee of ConsenSys has taken to Reddit to detail life inside the walls of one of blockchain's most powerful ...
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Why CEOs that say ‘no’ are good for growth
It’s no surprise that life as a startup CEO can be brutally exhausting, with long, grueling workweeks, constant stress, ...
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How an employee screw-up made my company better at employee retention
In order to keep a start-up company’s momentum going, you have to be proactive and creative in retaining employees -- since ...
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Tesla’s woes unlikely to end soon, but startups can take a cue
“Funding secured.” When Tesla founder and CEO Elon Musk tweeted the above statement early August, it kickstarted a ...
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Amazon launches a Hindi site to lure India's next 100 million online shoppers
With a view to make Amazon the ultimate shopping destination for the next 100 million Indians, the company has launched a ...
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7 most common data visualization mistakes
In dataviz, as in any other field, there are rules, best practices, guidelines and then there is common sense. And contrary ...
