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Measuring What Counts: A New Dashboard for Well-Being
Measuring What Counts A New Dashboard for Well-Being Author:Joseph E. Stiglitz, Jean-Paul Fitoussi, Martine Durand A bold agenda for a better way to assess societal well-being, by three of the world?s leading economists and statisticians "If we want to put people first, we have to know what matters to them, what improves their well-being, and how we can supply more of whatever that is." — ?Joseph E. Stiglitz In 2009, a group of economists led by Nobel laureat... more »e Joseph E. Stiglitz, French economist Jean-Paul Fitoussi, and Nobel laureate Amartya Sen issued a report challenging gross domestic product (GDP) as a measure of progress and well-being. Published as Mismeasuring Our Lives by The New Press, the book sparked a global conversation about GDP and a major movement among scholars, policy makers, and activists to change the way we measure our economies. Now, in Measuring What Counts, these economists, summarizing the deliberations of a panel of experts on the measurement of economic performance and social progress hosted at the OECD, the official think tank of the advanced countries, propose a new, ?beyond GDP? agenda. The book offers an accessible overview of the last decade?s global movement, sparked by their original critique of GDP, and proposes a new ?dashboard? of metrics to assess a society?s health, including measuring inequality and economic vulnerability, whether growth is environmentally sustainable, how people feel about their lives, and what factors contribute to individuals? and countries? success. It also offers a guide for policy makers and others on how to use these new tools to change the way we measure our lives?and to plot a radically new path forward.« less