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November 04, 2010

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Ric

That's the sort of thinking you get when people's only measure of value is profit ... no wonder Umair Haque calls it the zombieconomy.
If you start measuring what really makes people better off, you start getting results like "we have been rated as one of the top 5 nations in which to live" - obviously whoever made that judgement was using more than GDP as a metric for prosperity and well-being.

Ric

In case you hadn't seen it, here's the sort of thing Haque is talking about: http://blogs.hbr.org/haque/2010/06/four_economic_benchmarks_we_need.html

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