The Official Pursuit of Happiness
Gross domestic product is taken to be the leading indicator of national well-being. But, as we look ahead to 2011 and beyond, we should ask ourselves: is it really wise to accord such importance to growth?
https://prosyn.org/inarj37
CAMBRIDGE – In a time of tight budgets and financial crisis, politicians nowadays look to economic growth as the centerpiece of their domestic policy programs. Gross domestic product is taken to be the leading indicator of national well-being. But, as we look ahead to 2011 and beyond, we should ask ourselves: is it really wise to accord such importance to growth?