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Scoop.it!
What we measure affects what we do. If we focus only on material wellbeing – on, say, the production of goods, rather than on health, education, and the environment – we become distorted in the same way that these measures are distorted; we become more materialistic. 
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Scoop.it!
For decades, GDP was the measure of all things. Many economists now argue that we need to find a new measure to assess the health of our economies and – more importantly – the people living in them.
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Scoop.it!
Barclays is the latest to question whether GDP is a useful measure of economic growth and progress —
From
qz
There is a growing chorus of economists who say it's time to stop using gross domestic product as the prevailing measure of growth and economic progress. Barclays, one of the world's largest banks, just joined in. Dissatisfaction with GDP is not new, with people from the former King of Bhutan to Amartya Sen embracing alternativ
Sophie Wade's insight:
About time! GDP is out of date. We have scarce resources. Producing more 'stuff' is NOT a good measure of success and growth. Plus human well-being has qualitative & quantitative importance and impact on the wealth and health of any nation.
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Quality vs Quantity - in a world of limited resources. Since inception, as ‘The’ measure of ‘progress’, GDP has been notably deficient in measuring wellbeing and the quality of our lives. New advances in changing the narrative.