John Tamny Questions the Metrics Driving Modern Economic Debate

John Tamny Questions the Metrics Driving Modern Economic Debate

Dan Proft sat down with economist and author John Tamny to question the relevance and reliability of the economic data points that dominate political and media discourse. Tamny, editor of Real Clear Markets and author of The Money Confusion, called into question the usefulness of commonly cited statistics like the GDP and monthly jobs numbers, arguing that they are often misunderstood and misused. Tamny described the GDP as a “meaningless” numb…