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Measuring prosperity: The quest to replace GDP
GDP and GDP per capita are good at showing productivity and wealth, but some experts criticize these metrics for being too simplistic, and not taking into account environmental degradation or inequality (source: macpixxel for GIS)
General info
What's inside
- GDP is an imperfect way of measuring prosperity
- Other methods can be methodologically flimsy
- Politicians will use other metrics if they think they can benefit
Who will benefit?
- Decision makers who want a deeper understanding of economic measurements
- Policymakers dealing with metrics for well-being
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