Mismeasuring our lives: why GDP doesn't add up

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OTHER MEMBERS OF THE COMMISSION ON THE MEASUREMENT OF ECONOMIC PERFORMANCE AND SOCIAL PROGRESS AND RAPPORTEURS; FOREWORD; PREFACE; EXECUTIVE SUMMARY; 1 CLASSICAL GDP ISSUES; 2 QUALITY OF LIFE; 3 SUSTAINABLE DEVELOPMENTAND ENVIRONMENT; NOTES.;In February of 2008, amid the looming global financial crisis, President Nicolas Sarkozy of France asked Nobel Prize-winning economists Joseph Stiglitz and Amartya Sen, along with the distinguished French economist Jean Paul Fitoussi, to establish a commission of leading economists to study whether Gross Domestic Product (GDP)-the most widely used measure of economic activity-is a reliable indicator of economic and social progress. The Commission was given the further task of laying out an agenda for developing better measures. Mismeasuring Our Lives is the result of this major intellectual eff. OTHER MEMBERS OF THE COMMISSION ON THE MEASUREMENT OF ECONOMIC PERFORMANCE AND SOCIAL PROGRESS AND RAPPORTEURS FOREWORD PREFACE EXECUTIVE SUMMARY 1 CLASSICAL GDP ISSUES 2 QUALITY OF LIFE 3 SUSTAINABLE DEVELOPMENTAND ENVIRONMENT NOTES.