"Creative destruction can apply to economic concepts as well. And this downturn offers an excellent opportunity to get…"

"But, but I mean, we've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federa…"

"I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that …"

"I define it, I think we're in a recession until real per capita GDP gets back up to where it was before. That is not …"

"Basically, GDP is a concept of value added. It is the sum of gross value added of all resident producer units (instit…"

"The way in which economists incorporate inequality into their analyses can have a significant impact on their policy …"

"It costs governments money to keep fuel prices low. Oil-rich Yemen, for instance, devotes 9 percent of its GDP to mak…"

"India needs to be liberated both from the 'high GDP growth hedgehogs' and the 'conservation at all costs hedgehogs.'"

"We are misery-making machines! Homo sapiens has perfected the art of causing suffering. Pain is humankind's collectiv…"

"Government [the US] is taking 40 percent of the GDP. And that's at the state, local and federal level. President Obam…"