Cover of Beyond GDP

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.