{"product_id":"mismeasuring-our-lives-why-gdp-doesnt-add-up-9781595585196","title":"Mismeasuring Our Lives: Why GDP Doesn't Add Up","description":"In February of 2008, amid the looming global financial crisis, President Nicolas Sarkozy of France asked Nobel Prize-winning economists Joseph Stiglitz and Amartya Sen, along with the distinguished French economist Jean Paul Fitoussi, to establish a commission of leading economists to study whether Gross Domestic Product (GDP)-the most widely used measure of economic activity-is a reliable indicator of economic and social progress. The Commission was given the further task of laying out an agenda for developing better measures. \u003cp\u003e\u003c\/p\u003e \u003ci\u003eMismeasuring Our Lives\u003c\/i\u003e is the result of this major intellectual effort, one with pressing relevance for anyone engaged in assessing how and whether our economy is serving the needs of our society. The authors offer a sweeping assessment of the limits of GDP as a measurement of the well-being of societies-considering, for example, how GDP overlooks economic inequality (with the result that most people can be worse off even though average income is increasing); and does not factor environmental impacts into economic decisions. \u003cp\u003e\u003c\/p\u003eIn place of GDP, \u003ci\u003eMismeasuring Our Lives\u003c\/i\u003e introduces a bold new array of concepts, from sustainable measures of economic welfare, to measures of savings and wealth, to a \"green GDP.\" At a time when policymakers worldwide are grappling with unprecedented global financial and environmental issues, here is an essential guide to measuring the things that matter.\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e\u003cp\u003e\u003cstrong\u003eJoseph E. Stiglitz\u003c\/strong\u003e, a Nobel laureate in economics, is university professor at Columbia University and chief economist at the Roosevelt Institute. He is the author of \u003cem\u003eThe Stiglitz Report, \u003c\/em\u003eco-author of \u003cem\u003eMeasuring What Counts\u003c\/em\u003e, and a co-editor of \u003cem\u003eFor Good Measure\u003c\/em\u003e. He lives in New York City. \u003cstrong\u003eAmartya Sen\u003c\/strong\u003e is Thomas W. Lamont University Professor and a professor of economics and philosophy at Harvard University and was until 2004 the master of Trinity College, Cambridge. In 1998 he received the Nobel Prize in Economics and in 2012 the National Humanities Medal. He lives in Cambridge, Massachusetts. \u003cstrong\u003eJean-Paul Fitoussi\u003c\/strong\u003e 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 \u003cem\u003eMeasuring What Counts\u003c\/em\u003e and a co-editor of \u003cem\u003eFor Good Measure\u003c\/em\u003e. He lives in Paris.\u003c\/p\u003e\u003cbr\u003e","brand":"New Press","offers":[{"title":"Default Title","offer_id":50527929303314,"sku":"9781595585196","price":15.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_4965eb68-ec10-4e4e-99ef-58cbc1197278.jpg?v=1731317685","url":"https:\/\/surprise-castle.myshopify.com\/products\/mismeasuring-our-lives-why-gdp-doesnt-add-up-9781595585196","provider":"Surprise Castle","version":"1.0","type":"link"}