GDP fully endorses the capitalist theory of value: it views market transactions as the only drivers of development, as opposed to non-market exchanges; it considers as positive all forms of production and consumption, regardless of their impact on economic welfare; and it neglects social and environmental impacts. For as long as our approach to economic growth is determined by GDP, capitalism will continue having the upper hand...
Read MoreChasing economic growth gains us nothing but global warming. We should follow the lead of tiny Costa Rica, where life expectancy is soaring...
Read MoreAs nations struggle with what Mr. Ura called more “guns, bullets and bombs” than at any other time in history, he said it was imperative that many more countries devise indicators that look beyond economics...
Read MoreCountry launching 'gross national happiness' certification for businesses
Read MoreAnswer the following question. Imagine a ladder, with steps numbered from 0 at the bottom to 10 at the top. The top of the ladder represents the best possible life for you and the bottom of the ladder represents the worst possible life. On which step of the ladder would you say you personally feel you stand at this time?...
Read MoreFrom the Guatemalan town painting itself in bright colours to Norway’s 10-year plan to banish belching exhaust fumes, the London Design Biennale is celebrating ideas that put a smile on everyone’s face
Read MoreThe American economy is not paying off for most Americans.
Read MoreBhutan is something of an enigma to the outside world.Since the early 1970s the small landlocked country has shunned traditional measures of development and instead focussed on the happiness of its people.
Read MoreIs growth making us happy?
Read MoreForget the GDP, it’s time for our leaders to pay attention to metrics that matter.
Read MoreAccording to the WWF, we’re living off 1.6 Earths’ worth of resources.
Read MoreWith US President Donald Trump’s walkout of the Paris Deal, the agreement that aims to keep planetary warming by 2030 below the 2°C rise ceiling, the debate about sustainable development has gained increased traction, with advocates directly contradicting the president and saying it could generate millions of jobs. In this new development model, the United States, by hewing to outdated legacy technologies, risks being left behind.
Read MoreThe wide scope of GDP's remit is best described by the most recent effort articulated in the UN’s Sustainable Development Goal agenda, where in order to describe a comprehensive notion of development, we have articulated 17 goals with 169 targets and over 200 statistical indicators. The measurement protocol is considered by all experts, to be a work in progress and these are challenges which official statisticians and development scientists are engaging in.
Read MoreLeading thinkers – including Jan-Emmanuel De Neve, associate editor of the World Happiness Report; Mo Gawdat, Google [X] Chief Business Officer and author of “Solve for Happy”; Silvia Garcia, former director of Coca-Cola’s Happiness Institute; and Nancy Etcoff, who teaches the ‘Science of Happiness’ at Harvard Medical School – to analyze the latest discoveries from happiness science and what it means for businesses and individuals alike
Read MoreWhile improving economic welfare is often necessary for improving the wellbeing of humans, it is certainly not sufficient. The optimal condition is to translate economic wellbeing into the wellbeing of humans.
Read MoreAn updated notion of development should embrace a global outlook and focus on structural imbalances in the world's economy and distributional inequalities that impose acute poverty to certain societies.
Read MoreGiven the state of the degradation caused by activities mostly from factories and industries, it is highly important that a lot needs to be done on how best to improve the environment in order to render more sense to the idea of sustainable development.
Read MoreThe President of the United Nations Economic and Social Council (ECOSOC) told the body’s special meeting today that infrastructure, industrialization and innovation are essential in global efforts to eradicate poverty as they enable growth and sustainable development.
Read MoreWhat role does happiness play in the labor market?
Read MoreBy delving into water and air quality, agriculture, biodiversity, fisheries and forests, the EPI is able to create a vivid picture of the environmental issues the world is facing today, and which countries are doing the most to combat them. Here are some of the most surprising findings.
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