Book 2013
Beyond GDP
3 readers
- Publisher
- Oxford University Press, Incorporated
- Language
- English
- Published
- 2013
- Economic policy
- Social policy
- Welfare economics
- Gross domestic product
Is GDP a good proxy for social welfare? Building on economic theory, this book confirms that it is not, but also that most alternatives to it share its basic flaw, i.e., a focus on specific aspects of people's lives without sufficiently taking account of people's values and goals. A better approach is possible.