A New Measure of Well-Being From a Happy Little Kingdom
The New York Times
Format: Newspaper Article
Publication Date: 2005/10/04/
Sources ID: 87271
Visibility: Public (group default)
What is happiness? In the United States and in many other industrialized countries, it is often equated with money. Economists measure consumer confidence on the assumption that the resulting figure says something about progress and public welfare. The gross domestic product, or G.D.P., is routinely used as shorthand for the well-being of a nation.