‘Everything Is Not Fine’: Nobel Economist Calls on Humanity to End Obsession With GDP | Common Dreams News

“If we measure the wrong thing,” warns Joseph Stiglitz, “we will do the wrong thing.”

“It should be clear that, in spite of the increases in GDP, in spite of the 2008 crisis being well behind us, everything is not fine,” writes Stiglitz. “We see this in the political discontent rippling through so many advanced countries; we see it in the widespread support of demagogues, whose successes depend on exploiting economic discontent; and we see it in the environment around us, where fires rage and floods and droughts occur at ever-increasing intervals.”
— Read on www.commondreams.org/news/2019/11/25/everything-not-fine-nobel-economist-calls-humanity-end-obsession-gdp

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