About this item

The Leading Indicators was widely and well received as a much needed corrective to the outdated, outmoded economic figures we are accustomed. Every day, we are bombarded with numbers that tell us how we are doing, whether the economy is growing or shrinking, whether the future looks bright or dim. Gross national product, balance of trade, unemployment, inflation, and consumer confidence guide our actions, yet few of us know where they come from, what they mean, or why they rule our world.Zachary Karabell tells the fascinating history of these indicators, which were invented in the mid-twentieth century to address the urgent challenges of the Great Depression, World War II, and the Cold War. They were rough measures - designed to give clarity in a data-parched world that was made up of centralized, industrial nations - yet we still rely on them today.



About the Author

Zachary Karabell

Zachary Karabell was educated at Columbia, Oxford, and Harvard, where he received his PhD. He is a prolific commentator, both in print and on television, and the author of a dozen previous books, including The Last Campaign, which won the Chicago Tribune's Heartland Prize, and The Leading Indicators. He is also a longtime investor, former financial services executive, and the founder of the Progress Network.



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