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rogerashton

(3,960 posts)
Thu Sep 25, 2014, 07:50 PM Sep 2014

no, no, no, no, no


http://www.boston.com/business/news/2014/09/25/harvard-endowment-bigger-than-half-the-world-economies/UAOY9V4lg6fcjArrSyCgWJ/story.html

It is misleading to compare wealth, a stock, to GDP, a flow. The comparison should be to the national wealth of the various countries, which will probably be roughly four times GDP, or more, depending on how you count.
Latest Discussions»Issue Forums»Education»no, no, no, no, no