The GDP: French Labor

By changing its GDP, France could make its economy look more robust. It also might defuse criticism from the CEO of tire maker Titan. Yes? Probably not but the issues are fascinating. In 2008, French President Nicholas Sarkozy asked Nobel…

Measuring Happiness

On September 27, I questioned whether anyone could develop a better measure of well-being than the GDP even when Dr. Stiglitz’s commission suggested the possibility. Perhaps confirming the challenge, several lists of state happiness levels were recently publicized. The 2008…