It’s time to retire metrics like GDP. They don’t measure everything that matters

Tierr@_de_N@die: The Nobel prize winner Joseph Stiglitz supports the same idea as Kate Raworth has widely developed in her book about "doughnut economy". We must be sceptic about growth and change the goal, otherwise this neverending growth model will jeopardize the whole humanity

Getting the measure right – or at least a lot better – is crucially important, especially in our metrics- and performance-oriented society. If we measure the wrong thing, we will do the wrong thing. If our measures tell us everything is fine when it really isn’t, we will be complacent.

Source (theguardian.com): It’s time to retire metrics like GDP. They don’t measure everything that matters