Measuring What Counts

The Global Movement for Well-Being

Joseph E. Stiglitz, Jean-Paul Fitoussi, Martine Durand

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English

The New Press
01 March 2020

Society & culture: general; Globalization; Central government policies; Monetary economics; Political economy

A bold agenda for a better way to assess societal well-being, by three of the world's leading economists and statisticians.

In 2009, a group of economists led by Nobel laureate Joseph E. Stiglitz, French economist Jean-Paul Fitoussi, and Nobel laureate Amartya Sen issued a report challenging gross domestic product (GDP) as a measure of progress and well-being. Published as Mismeasuring Our Lives by The New Press, the book sparked a global conversation about GDP and a major movement among scholars, policy makers, and activists to change the way we measure our economies.

Now, in Measuring What Counts, these economists, summarising the deliberations of a panel of experts on the measurement of economic performance and social progress hosted at the OECD, the official think tank of the advanced countries, propose a new, ""beyond GDP"" agenda. The book offers an accessible overview of the last decade's global movement, sparked by their original critique of GDP, and proposes a new ""dashboard"" of metrics to assess a society's health, including measuring inequality and economic vulnerability, whether growth is environmentally sustainable, how people feel about their lives, and what factors contribute to individuals' and countries' success. It also offers a guide for policy makers and others on how to use these new tools to change the way we measure our lives--and to plot a radically new path forward.

By: Joseph E. Stiglitz, Jean-Paul Fitoussi, Martine Durand
Imprint: The New Press
Country of Publication: United Kingdom
Dimensions: Height: 216mm, Width: 140mm,
ISBN: 9781620975695
ISBN 10: 1620975696
Pages: 224
Publication Date: 01 March 2020
Audience: General/trade , ELT Advanced
Format: Paperback
Publisher's Status: Active

Joseph E. Stiglitz, a Nobel laureate in economics, is university professor at Columbia University and chief economist at the Roosevelt Institute. He is the author of The Stiglitz Report and a co-author of Mismeasuring Our Lives. He lives in New York City. Jean-Paul Fitoussi is professor emeritus at the Institut d'Etudes Politiques de Paris (SciencesPo), Paris, and professor at LUISS Guido Carli University, Rome. He is a co-author of Mismeasuring Our Lives and a co-editor of For Good Measure. He lives in Paris. Martine Durand is the chief statistician and director of statistics of the OECD. She is a co-editor of For Good Measure. She lives in Paris.

Reviews for Measuring What Counts: The Global Movement for Well-Being

"Praise for Measuring What Counts: ""Nobel-winning economist Joseph Stiglitz's (former chief economist of the World Bank) new book: Measuring What Counts: The Global Movement for Well-Being (The New Press, 2019) tackles the issue by exposing its paramount importance in judging how society gauges prosperity or alternatively the failure of prosperity."" —CityWatch LA"