STILL SHOPPING: Any movement away from GDP fetishism towards a more holistic and meaningful definition of national well-being should be welcomed.
PHOTO: BLOOMBERG
THE idea that data on happiness and well-being can be used to guide government policy has steadily gained popularity over the past decade. But as we seek ways to replace, or at least complement, GDP as a measure of national success, we risk falling into old traps.
Register to read this article. Log in if you are already a subscriber.Register to read this article. Log in if you are already a subscriber.Please log in or subscribe to continue reading.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes