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Articles tagged with: Luxembourg GDP

Misleading Statistics: The Case of Luxembourg, by Will Rayner

By Martin W. Lewis | September 16, 2014 | 5 Comments

(Note: This post is by Will Rayner, a former student of mine who graduated from Stanford University last year.)
Statistics can be misleading, particularly in regard to international country-by-country comparisons. We all know that. And yet governments, institutions, and corporations rely on these statistics every day.
GDP per capita—just to pick an example—is often used as shorthand for a country’s level of …

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