RE: [OPE] one of the great inventions of the 20th Century?

From: Gary Mongiovi (
Date: Sat Mar 08 2008 - 16:24:39 EST

I would have to agree with my uncle that WD-40 is probably the greatest invention of the 20th century. 
But why all this skepticism about the National Income & Product Accounts, which were in fact a pretty nifty and useful achievement? One of the few, in fact, for which economists actually deserved the Nobel's they received.

	-----Original Message----- 
	From: on behalf of Gerald Levy 
	Sent: Sat 3/8/2008 7:10 AM 
	Subject: Re: [OPE] one of the great inventions of the 20th Century?

	The above is an onlist list.  Some of the  "great inventions" 
	* the teddy bear (1902)
	* cornflakes (1906) 
	* Life Savers candy (1912)
	*  the drug 'ecstacy' (1913)
	* PEZ candy (1927) 
	* the Yo-Yo (1929)
	* the game 'Monopoly' (1934)
	* slinky and silly putty (1943)
	* Mr. Potato Head (1952)
	* Barbie Doll (1959)
	* Cabbage Patch Kids (1983)
	No mention  of GDP.  After all, who could possibly say that GDP 
	was a greater invention than any of the above?
	In solidarity, Jerry

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