Re: [OPE] one of the great inventions of the 20th century?

From: Michael Perelman (
Date: Thu Mar 06 2008 - 21:48:14 EST

I don't have a copy of Samuelson/Nordhaus.  Does any body have an exact reference to 
use.  I was just in the Berkeley library trying to rund down that same quotation for 
my new book.

I meant for the "greatest invention" quote.

On Sat, Mar 01, 2008 at 12:17:38AM +0100, GERALD LEVY wrote:
> It is ironic that at a time when we were just discussing some of
> the major technological changes of the 20th Century, we are 
> made aware of the following:
> <> 
> A bit self-serving, isn't it, for the BEA to claim that GDP is one
> of the great "inventions" of the last century?  Any objective
> ranking, I think, would have GDP listed _way_ down the list
> of significant XXth century "inventions" - if, indeed, it was
> listed at all.
> -------------
> > . Schumpeter's story about innovation is a powerful and suggestive metaphor, but empirically it isn't all that sound. Christopher Freeman's 
> > research is probably a much better guide.
> I think that's a good point, Jurriaan.
>  In solidarity, Jerry
> _______________________________________________
> ope mailing list

Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at
ope mailing list

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