George Athanassakos | Are equity investors completely wrong about economic growth?

Finance Professor George Athanassakos questions whether GDP is no longer a true gauge of economic activity.

In an op-ed piece for the Globe and Mail, he argues the modern day economy is more "asset light" than in previous decades.

According to Athanassakos: "Could a better and more accurate measure of economic activity be the unemployment rate, which captures not only people employed in the Old Economy sectors but also those hired in the soft investment sectors of the economy, but not accounted for in traditional measures?"