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March 16th, 2014
Episode 964 of 1251 episodes
By relying so heavily on things like GDP, unemployment, and the suite of statistics that grew up in their wake, we are using a really good 1950s set of tools that were designed to answer questions of global depression, World War II, and 1950s industrial nation-states that made stuff. We're really good at measuring that world, but we're not living in that world.