Vincent Geloso: GNP rose faster than GDP over 1989 to 2010

Vincent Geloso: GNP rose faster than GDP over 1989 to 2010
GNP grew faster than GDP 1989-2010

Vincent Geloso points out that using the wrong denominator—GDP instead of GNP—can exaggerate reported increases in certain ratios.

He references data showing that, when available, gross national product (GNP) rose faster than gross domestic product (GDP) from 1989 to 2010.

Geloso has previously discussed how the fortunes of U.S. industrialists like Rockefeller and Carnegie included significant international assets through foreign investments. In another analysis, he described how lotteries can act as cross-border tools for financing public goods. These topics underscore his focus on economic measures that go beyond simple national boundaries.

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