Agreement is emerging between politicians, social actors, and businesses worldwide – that economic growth alone cannot provide an accurate indication of prosperity. Relying on economic growth as the sole measurement for social progress provides an incomplete picture. But there is a new measurement that attempts to provide a better understanding of the components of a successful society and social order. more[...]
Gross domestic product (GDP) has been used for decades as the most important indicator of economic performance and prosperity. But the concept of GDP is increasingly coming under fire. Are we measuring completely irrelevant numbers? Robert F. Kennedy wise stated that GDP “measures everything except that which is worthwhile.” So which economic and wealth indicators do we have? Which are sustainable? more[...]
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