by Ben Schiller
"Where is life best? Traditionally, the answer to this question has mainly been to ask another question: Where is the economy best? But recently economists have started to focus on how people are experiencing life, and everything that goes into making that better or worse, instead of just peering at the latest economic output reports.
"The Organization for Economic Cooperation and Development's How’s Life? report is one of the most comprehensive efforts. It looks at 11 factors that affect well-being--from income and employment, to work-life balance and personal safety--creating a rounded perspective that goes well beyond GDP. The OECD just released the 2013 edition.
To accompany the report, the OECD has an interactive Better Life Index, which allows readers to compare countries themselves, using any of the 11 criteria. Here are a few charts we came up with, starting with all factors weighted equally [this is the one displayed above]
Jim Lerman's insight:
Interesting to compare this to the Corruption Index here.
Via Jim Lerman