Genuine Progress Indicator Factoring in Wellbeing
http://rprogress.org/sustainability_indicators/genuine_progress_indicator.htm
Genuine Progress Indicator
We believe that if policymakers measure what really matters to people—health care, safety, a clean environment, and other indicators of well-being—economic policy would naturally shift towards sustainability.
Redefining Progress created the Genuine Progress Indicator (GPI)… Continue reading
Kennedy: GDP Measures Everything Except That Which Makes Life Worthwhile
http://www2.mccombs.utexas.edu/faculty/michael.brandl/main%20page%20items/Kennedy%20on%20GNP.htm
Robert F. Kennedy on what GNP means.
Below is a quote from Bobby Kennedy on what the Gross National Product means and more importantly what it does not mean. He would have a made a… Continue reading
GDP is an Imperfect Measure of Progress
GDP is unable to measure wellbeing or decipher economic goods from bads. It is a methodology that has attempted to measure wealth and increasingly it is being questioned as governments and economists look for alternative, more accurate measures of… Continue reading