It’s just dollars and cents.
An economist who has studied new ways to improve measures of gross domestic product explains what GDP is and how it could better reflect an economy and the well-being of its inhabitants.
It is possible to calculate the impact impact of fires, but not using GDP.
GDP is well suited to many things, but not to measuring the impact of disasters.
An obsession with GDP growth fails to account for some of society's most pressing problems.
There is a plethora of highly troubling issues facing the global economy that are caused, in part, by globalisation.
I wanted to connect the happiness research I'd been doing over the years with what was happening, or indeed not happening, in the world.
A trader works on the floor of the New York Stock Exchange, as U.S. President Donald Trump speaks on the television shortly after the opening bell.
Economists, politicians and the media watch GDP closely. But it isn't the best way to measure the health of the US economy.
The finance industry has developed a powerful set of tools over the years, which could be used to improve well-being and solve our environmental problems.
saiko3p / shutterstock
We need environmentally-adjusted measures that don't just focus on material goods.
Having a job plays an important role in our overall happiness – yet research also shows most of us are unhappy while we're at work.
Jumping to conclusions. Does GDP mislead us?
Our feelings of self-worth and contentment are no longer the preserve of writers and artists. Science has made measurement of our well-being a viable alternative to the banalities of economic output.
Moves to measure country progress in other ways to GDP are on the rise. Here's how happiness researchers are changing the game.
The UN’s Sustainable Development Goals Summit drew an unprecedented show of support from the General Assembly of nations.
The widely accepted concept of economic prosperity - GDP - increasingly fails to measure human well-being.
Making it count. Why voters vote.
While Conservative pundits wonder why high scores for economic competence aren't boosting poll numbers, some clues might lie away from financial measures.
Natalie Bennett pulls her ‘GDP face’.
Traditional economic measures suit the main parties – but not the electorate.
Exercise is a healthy route to the good life.
gorillaimages via shutterstock.com
GDP growth only gets us so far in terms of increasing health and well-being, but greener policies can make us better off all round.
The price of growth? Ebola management in Guinea.
European Commission DG ECHO
If ever we wanted a reminder of how global capitalism has got things wrong, the Ebola outbreak in West Africa serves the purpose well. Our assumption that economic growth is essential is not only a feature…
Smile, though your heart is aching.
The idea that data on happiness and well-being can be used to guide government policy has steadily gained popularity over the past decade. But as we seek ways to replace, or at least complement GDP as…
Alternatives to GDP are already in use, but are yet to gain widespread acceptance.
Image sourced from www.shutterstock.com
“At present, we are stealing the future, selling it in the present, and calling it GDP.” — Paul Hawken Imagine if a corporation used Gross Domestic Product (GDP) accounting to do its books: it would be…
Don’t confuse happy individuals with happy societies.
Many readers of this piece will be aware that economists are rethinking the role of happiness and GDP. They question facile assumptions about economic growth alone being good for us. What’s the good of…
Sluggish income growth has left Obama relying on hope more than expectation.
According to some commentators, something quite strange is happening in the United States in the run-up to the midterm elections. US president Barack Obama’s Democrats are heading for a clunking defeat…