Why we are much better off than the official statistics say

The oldest surviving map of Britain was created in Canterbury a thousand years ago. Our ancestors had a good idea of how to get around. The country is depicted in its familiar shape. Understanding of the world outside Western Europe remained sketchy for centuries.  The phrase ‘here be dragons’ was allegedly used to conceal ignorance […]

The national accounts are the new JK Rowling

A potential candidate for the world’s most boring book is the Office for National Statistics’ National Accounts: Sources and Methods.  This book, all 502 pages of it, is currently available in hardback on Amazon for just 1p.  It does exactly what it says in the title.  It gives a detailed description of how the data […]

A Different View of World Trade: Why National Accounts Can Be Exciting

Imagine that, for some reason, you were forced to choose between having to read a long, turgid novel like Westward Ho or Middlemarch, or a book on the methodology of the national economic accounts. Most people, however reluctantly, would plump for the former. But the latter can at times be very exciting. A recent paper […]