Click to read: The Economics Of Well Being, A Measure Of Success
Source: Harvard Business Review (HBR)
Snippet: Money isn’t everything. But for measuring national success, it has long been pretty much the only thing (other than, of course, sports). The specific metric that has prevailed since World War II is the dollar value of a country’s economic output, expressed first as gross national product, later as gross domestic product. This is an improvement over ranking by military victories […]