Professor Dirk Philipsen of Duke University, author of The Little Big Number: How GDP came to rule the world and what to do about it, discusses how GDP became a universally used indicator of economic performance, and what it really means. Is GDP an outdated way to measure prosperity, and are there any alternative methods of assessing economic growth?
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Douglas Goldstein, CFP®, is the director of Profile Investment Services, Ltd, a financial planning and investment services firm specializing in working with Americans living in Israel who have investment accounts in America. He is a licensed financial professional both in the U.S. and Israel. Securities offered through Portfolio Resources Group, Inc., Member FINRA, SIPC, MSRB, FSI. Accounts held at Pershing LLC., Member NYSE/SIPC, a subsidiary of The Bank of New York Mellon Corporation. Neither Profile nor PRG gives tax or legal advice. Before immigrating to Israel, it is advisable to consult with a tax attorney who is knowledgeable about Israeli law. Contact at [email protected]