In February of 2008, amid the looming global financial crisis, President Nicolas Sarkozy of France asked Nobel Prize-winning economists Joseph Stiglitz and Amartya Sen, along with the distinguished French economist Jean Paul Fitoussi, to establish a commission of leading economi…
Few ideas in the past century have had wider financial, political, and governmental impact than that of economic growth. The common belief that endless economic growth, as measured by Gross Domestic Product, is not only possible but actually essential for the flourishing of civi…
Moderne Dienstleistungsgesellschaften sind wenig produktiv. Das sagen nationale und internationale Gremien immer wieder. Dabei ist die Feststellung ein Rätsel: Wie kann es sein, dass immer mehr in Produktionsmittel investiert wird - Stichwort Digitalisierung - und die Wirtschaft…
Gross domestic product is one of the best known and most powerful statistics in the contemporary world. It drives government policy on a variety of vital areas, from health to education. Yet perhaps for the first time since its invention in the 1930s, a wide range of people rega…
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, id est, a focus on specific aspects of people's lives without sufficiently taking account of people's values and go…
In spite of recurrent criticism and an impressive production of alternative indicators by scholars and NGOs, GDP remains the central indicator of countries' success. This book revisits the foundations of indicators of social welfare, and critically examines the four main alterna…
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 goal…
Widely used since the mid-twentieth century, GDP (gross domestic product) has become the world's most powerful statistical indicator of national development and progress. Practically all governments adhere to the idea that GDP growth is a primary economic target, and while criti…
Widely used since the mid-twentieth century, GDP (gross domestic product) has become the world's most powerful statistical indicator of national development and progress. Practically all governments adhere to the idea that GDP growth is a primary economic target, and while criti…
