Happiness as an indicator of economic success

The success rate of economies has traditionally been measured in the pure material numbers of the gross domestic product (GDP). However, gradually policy makers and economists are moving away from the money-driven figures, increasingly considering immaterial standards as health, generosity, freedom, and trust more valuable. In the end, policymakers are discovering what all of us know: happiness is about much more than that what can be measured in terms money.

Solution News Source

Happiness as an indicator of economic success

The success rate of economies has traditionally been measured in the pure material numbers of the gross domestic product (GDP). However, gradually policy makers and economists are moving away from the money-driven figures, increasingly considering immaterial standards as health, generosity, freedom, and trust more valuable. In the end, policymakers are discovering what all of us know: happiness is about much more than that what can be measured in terms money.

Solution News Source

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