It’s mid-afternoon, and I’m sharing a long lunch with a colleague at a sidewalk café in Paris. There’s a basket of …
Better Life Index
Will a Global “Happiness” Index Ever Beat Out GDP?
For several decades, economists have been dancing around the idea that economic growth doesn’t equal happiness. And yet, politicians and the media are constantly using growth rates as the way to assess whether a country is really getting ahead. Why? Because GDP is one of the few economic indicators that everybody measures and …