Nobel Laureate Professor Joseph E Stiglitz, University of Columbia, emphasised need for alternative measures of human well being at the 4th Organisation for Economic Co-Operation and Development (OECD) World Forum.
October 18, 2012— OneWorld South Asia
Professor Stiglitz asserted that we are paying a very high price for inequality. It has weakened economy, undermined democracy and divided society. But the adverse impact may not be adequately reflected in our flawed measure of success, which is GDP.... http://southasia.oneworld.net/news/gdp-not-adequate-for-well-being-says-stiglitz#at_pco=cfd-1.0