Italy to Count Drugs, Prostitution in GDP

The Italians have a word for it: sprezzatura, or studied nonchalance. The news that Italy plans to include prostitution and illegal drugs in gross domestic product sounds like a joke. But itâ??s really an effortless solution to a difficult problem. By counting prostitution and drugs in output, Italy will raise its GDP and thereby lower the ratio of debt to GDP, which will make it easier to comply with European Union rules on indebtedness. Thatâ??s sprezzatura.