Mismeasuring Our Lives: Why GDP Doesn't Add Up
Stiglitz, Joseph E.; Sen, Amartya; Fitoussi, Jean-Paul
Language: English
Published by The New Press, 2010
- Softcover
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- Title
- Mismeasuring Our Lives: Why GDP Doesn't Add Up
- Author
- Stiglitz, Joseph E.; Sen, Amartya; Fitoussi, Jean-Paul
- Publisher
- The New Press
- Publication year
- 2010
- Condition
- very_good
- Binding
- Soft cover
- Language
- English
- ISBN 10
- 1595585192
- ISBN 13
- 9781595585196
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.
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About the Author
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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