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Book Cover for: Measuring What Counts: The Global Movement for Well-Being, Joseph E. Stiglitz

Measuring What Counts: The Global Movement for Well-Being

Joseph E. Stiglitz

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

"If we want to put people first, we have to know what matters to them, what improves their well-being, and how we can supply more of whatever that is."
--Joseph E. Stiglitz

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, Stiglitz, Fitoussi, and Martine Durand--summarizing the deliberations of a panel of experts on the measurement of economic performance and social progress hosted at the OECD, the international organization incorporating the most economically advanced countries--propose a new, "beyond GDP" agenda. This book provides an accessible overview of the last decade's global movement, sparked by the original critique of GDP, and proposes a new "dashboard" of metrics to assess a society's health, including measures of inequality and economic vulnerability, whether growth is environmentally sustainable, and how people feel about their lives. Essential reading for our time, it also serves as a guide for policy makers and others on how to use these new tools to fundamentally change the way we measure our lives--and to plot a radically new path forward.

Book Details

  • Publisher: New Press
  • Publish Date: Nov 19th, 2019
  • Pages: 224
  • Language: English
  • Edition: undefined - undefined
  • Dimensions: 8.40in - 5.40in - 0.90in - 0.60lb
  • EAN: 9781620975695
  • Categories: Money & Monetary PolicyGlobalizationPublic Policy - Social Policy

About the Author

Fitoussi, Jean-Paul: -

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 Measuring What Counts and a co-editor of For Good Measure (all published by The New Press). He lives in Paris.

Stiglitz, Joseph E.: - 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: Reforming the International Monetary and Financial Systems in the Wake of the Global Crisis, a co-author of Mismeasuring Our Lives: Why GDP Doesn't Add Up and Measuring What Counts: A New Dashboard for Well-being. He lives in New York City.
Durand, Martine: - Martine Durand was appointed director of statistics and chief statistician of the OECD in 2010. A co-author of Measuring What Counts: A New Dashboard for Well-being. She lives in Paris.

Praise for this book

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