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.
Would the economy be in better shape if the RBA had cut interest rates sooner?
AAP Image/Bianca De Marchi)
The Reserve Bank of Australia says it's prepared to ease monetary policy further if needed to stimulate the economy. But is the policy working when interests rates are so low?
New Zealand’s well-being budget was based on a set of measures that include cultural identity, environment, income and consumption, and social connections.
New analysis shows that if New Zealand replaced GDP with the Genuine Progress Indicator, which accounts for social and environmental costs, it would be only half as well off.
We care about more than economics when it comes to the polling booth. So why don’t governments listen?
Countries around the world are taking society's happiness and well-being into account when formulating policy. So, why is Australia so focused on economics as the sole marker of progress?
Families and the state are equally responsible for contributing towards human capital.
Human capital is a key contributor to a country's economy. Here's how families and the state can nurture this asset.
African women do a lot of unpaid work that isn’t captured in GDP calculations.
The methods used to measure gross domestic product are being criticised for excluding the unpaid work done by women.
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We looked at ten countries in East Africa and found poverty and politics were much more important drivers of conflict and displacement than climate change.
Labor’s Chris Bowen says Australian workers are doing it tough.
AAP Image/Tracey Nearmy
Shadow treasurer Chris Bowen said Australian wages growth is at record lows. Is that true?
Is this really the kind of society we want?
How happy do you feel today? How satisfied are you with your life? Do you think your life has any worth? These are the kind of questions increasingly put to survey respondents as academics and politicians…