Is the concept of "wellbeing" useful for policy-making
نویسندگان
چکیده
But the originators of GNP never insisted that this was the only way of measuring an economy. In his Nobel lecture, for example, Kuznets specifically discussed the social implications of growth and argued that: ‘Many of these are of particular interest, because they are not reflected in the current measures of economic growth; and the increasing realization of this shortcoming of the measures has stimulated lively discussion of the limits and limitations of economic measurement of economic growth’.
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