Mis-measuring Our Lives: Why the GDP Doesn't Add Up
Stiglitz, Joseph E.; Sen, Amartya; Fitoussi, Jean-Paul
ISBN 10: 1595585192 ISBN 13: 9781595585196
Published by The New Press, 2010
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[Author], [Publisher]. NB: This is a secondhand book in very good condition. See our FAQs for more information. Please note that the jacket image is indicative only. A description of our secondhand books is not always available. Please contact us if you have a question about this title.Author: Joseph StiglitzFormat: Paperback Number of Pages: 176In February of 2008, amid the looming global financial crisis, President Nicolas Sarkozy of France asked Nobel Prize-winning economists Joseph Stiglitz and Amartya Sen, along with the distinguished French economist Jean Paul Fitoussi, to establish a commission of leading economists to study whether Gross Domestic Product (GDP)--the most widely used measure of economic activity--is a reliable indicator of economic and social progress. Seller Inventory # 9781595585196-SECONDHAND
Synopsis:
In February of 2008, amid the looming global financial crisis, President Nicolas Sarkozy of France asked Nobel Prize-winning economists Joseph Stiglitz and Amartya Sen, along with the distinguished French economist Jean Paul Fitoussi, to establish a commission of leading economists to study whether Gross Domestic Product (GDP)―the most widely used measure of economic activity―is a reliable indicator of economic and social progress. The Commission was given the further task of laying out an agenda for developing better measures.
Mismeasuring Our Lives is the result of this major intellectual effort, one with pressing relevance for anyone engaged in assessing how and whether our economy is serving the needs of our society. The authors offer a sweeping assessment of the limits of GDP as a measurement of the well-being of societies―considering, for example, how GDP overlooks economic inequality (with the result that most people can be worse off even though average income is increasing); and does not factor environmental impacts into economic decisions.
In place of GDP, Mismeasuring Our Lives introduces a bold new array of concepts, from sustainable measures of economic welfare, to measures of savings and wealth, to a “green GDP.” At a time when policymakers worldwide are grappling with unprecedented global financial and environmental issues, here is an essential guide to measuring the things that matter.
Mismeasuring Our Lives is the result of this major intellectual effort, one with pressing relevance for anyone engaged in assessing how and whether our economy is serving the needs of our society. The authors offer a sweeping assessment of the limits of GDP as a measurement of the well-being of societies―considering, for example, how GDP overlooks economic inequality (with the result that most people can be worse off even though average income is increasing); and does not factor environmental impacts into economic decisions.
In place of GDP, Mismeasuring Our Lives introduces a bold new array of concepts, from sustainable measures of economic welfare, to measures of savings and wealth, to a “green GDP.” At a time when policymakers worldwide are grappling with unprecedented global financial and environmental issues, here is an essential guide to measuring the things that matter.
About the Authors:
Joseph E. Stiglitz, a Nobel laureate in economics, is university professor at Columbia University and chief economist at the Roosevelt Institute. He is the author of The Stiglitz Report, a co-author of Mismeasuring Our Lives and Measuring What Counts, and a co-editor of For Good Measure (all published by The New Press). He lives in New York City.
Amartya Sen is Thomas W. Lamont University Professor and a professor of economics and philosophy at Harvard University and was until 2004 the master of Trinity College, Cambridge. He is a co-author, with Joseph E. Stiglitz and Jean-Paul Fitoussi, of Mismeasuring Our Lives: Why GDP Doesn't Add Up (The New Press). In 1998 he received the Nobel Prize in Economics and in 2012 the National Humanities Medal. He lives in Cambridge, Massachusetts.
Jean-Paul Fitoussi is professor emeritus at the Institut d'Etudes Politiques de Paris (SciencesPo), Paris, and professor at LUISS Guido Carli University, Rome. He is a co-author of Mismeasuring Our Lives and Measuring What Counts and a co-editor of For Good Measure (all published by The New Press). He lives in Paris.
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Bibliographic Details
Title: Mis-measuring Our Lives: Why the GDP Doesn't...
Publisher: The New Press
Publication Date: 2010
Binding: Paperback
Book Type: Paperback