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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.
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Editions
3 editions- Other · English · 2013Oxford University Press, Incorporated · 9780199344154
- Other · English · 2013Oxford University Press, Incorporated · 9781299600454
- Other · English · 2013Oxford University Press, Incorporated · 320 pages · 9780199767199
Economic policySocial policyWelfare economicsGross domestic product