Ireland/Iceland/Greece Outperform Germany?
December 17, 2010 at 10:34 AM EST
Is it true that the three basket-case countries of Europe–Greece, Ireland, and Iceland–have outperformed Germany on real GDP and productivity growth? Or do the implausible official numbers demonstrate the bankruptcy of the global economic statistical system? I was nosing through the just-released OECD Economic Outlook (top secret project, don’t ask), and I noticed something very [...]