"GDP is not the best way to quantify national success" - Michael E Porter Op-Ed in the Boston Globe
Social Progress Imperative Advisory Board Chair Michael E Porter's op-ed "Better measuring a country:GDP is not the best way to quantify national success" was published Sunday, January 12, in the Boston Globe.
"Kuznets himself made clear that GDP was only a limited economic lens through which to assess progress. 'The welfare of a nation,' he wrote in 1934, 'can scarcely be inferred from a measurement of national income.' Our standard of living reflects social, environmental and community assets, not just economic assets. Happiness and fulfilment rest on factors, such as health, access to knowledge, tolerant communities, and opportunities for personal achievement."Read more in the Boston Globe.