Len Shackleton comments on the BBC website
In the article Len argues that GDP is not the only measure of how well the country is doing, but it is the most useful for comparisons with other countries and with the UK over time.
Life satisfaction, happiness and anxiety indicators were already published by the Office for National Statistics, adding: “We have regular time-use surveys which could be used to create something like what the Greens want. But what would it show, really?
Using GDP as our prime indicator cannot deal with these concerns, but nor can any other simple measure.
Read the full article here.
Further Reading: …And the Pursuit of Happiness