Persuasion is now 30 per cent of US GDP

Gerry Antioch
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Gerry Antioch: Treasury, Government of Australia

Economic Roundup, 2013, issue 1, 1-10

Abstract: Persuasion is the common thread in almost all voluntary transactions. With persuasion’s footprint in the modern economy substantial and growing, this paper briefly scans the recent literature and suggests the McCloskey-Klamer estimate of the persuasion content of GDP could now be higher.

Keywords: Economic; persuasion (search for similar items in EconPapers)
JEL-codes: A10 E01 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (3)

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http://www.treasury.gov.au/~/media/Treasury/Public ... F/01_Persuasion.ashx (application/pdf)
http://www.treasury.gov.au/PublicationsAndMedia/Pu ... 0-per-cent-of-US-GDP (text/html)

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