That title of the posted article is sort of misleading, b/c I think this is more like an attempt to include quality of life as an input in measuring economic growth and move away from GDP measures. This is a hilariously French way of playing politics over economic models, but they have a point- GDP is a mostly useless way of measuring an economy: "France to count happiness in GDP."
UPDATE: For anyone interested in what the report mentioned in the article actually says, its criticisms and its recommendations, there's this article from the FT: "GDP branded as poor gauge of progress." I like this report a lot.
Tuesday, September 15, 2009
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