Lucas Wedge

Isn't that Glover's golf club? The 56-degree loft thing with the big head? Eh. Maybe not.

Lucas Wedge is both a brand of shoe...and a method of measuring losses in gross domestic product (GDP). For our purposes, the measurement shows what could have been earned had the GDP been optimal, by finding the difference between expected output and actual output. This can be looked at in percentages or hard sums, or both.

Generally, the Lucas Wedge measurement is done annually and can be measured for as many years as desired. The losses in GDP tend to increase annually during an economic slump, so the numbers keep growing, and the shape can eventually become wider, like a wedge (but not necessarily like the shoe).