Originally published at: https://ethical.net/politics/gdp-alternatives-7-ways-to-measure-countries-wealth/
Economists and politicians across the globe use Gross Domestic Product (GDP) as the ultimate yardstick for measuring and ranking countries’ wealth. But as more and more economists begin to question GDP’s true worth, there are growing calls to find GDP alternatives to measure countries’ wealth and welfare. What is GDP? Introduced on the floor of…