“The welfare of a nation can scarcely be inferred from a measurement of national income”. Those were the words of Simon Kuznets, who developed the first national income accounts in the United States. And yet, we look back on decades of appropriating GDP as a measure of social welfare and progress.
- By:
- Sonja Hennen
- Publishers:
- Degrowth.de Blog
- Entry type:
- Blog post
- Language:
- English
- Year of publication:
- 2021
- External content:
- To the content