Instead of GDP, we need indicators that measure the things that really matter to people, such as health, happiness, and meaningful employment. We also need indicators that measure what matters to the planet, such as material use and CO2 emissions. In fact, we already have these indicators—the problem is that we largely ignore them, because we are so fixated on GDP. If the goal of economic policy were to change from increasing GDP to improving human well-being and preventing long-term environmental damage, then many proposals currently seen as “impossible” would suddenly become possible.
- An international conference on an alternative to GDP to be held in Reykjavík | Icelandmag
- America’s Go-To Economic Indicator Is Blunt and Obsolete – The Atlantic