Joseph Stiglitz, Nobel-winning economist, says end the GDP

There is one presidential candidate who is saying the same thing. Yang. Maybe he read Stiglitz's book.

“” His new book, Measuring What Counts: The Global Movement for Well-Being, cowritten with French economists Jean-Paul Fitoussi and Martine Durand, provides a blueprint for how countries can use more appropriate metrics that account for details such as sustainability and—imagine!—how people feel about their lives.””<p>I read the Introduction to this book on Amazon ‘Look inside’. Really makes a lot of sense, but then most people probably already believe that the GDP is a bad measurement for how a country (or the world) is doing. Anyway, the book looks interesting but I have too long of a reading backlog to put it on my reading list.

Boring article, but good idea.

&gt; <i>“The world is facing three existential crises: a climate crisis, an inequality crisis and a crisis in democracy,”</i><p>This so-called &#x27;crisis&#x27; in democracy is not existential if it exists at all.<p>On the other hand, we face a population crisis that is a major cause of the climate and environmental crisis.<p>Population growth, explosion even, is also key to understand the importance of GDP and inequality.