Resources: Living Wealth Indicators

Replace GDP with indicators of human health, social well-being, and ecological integrity.

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    Report by New Economy Working Group

    NEWGroup Launches Report on U.S. Money System Restructure

    How to Liberate America from Wall Street Rule is a report of the New Economy Working Group produced in collaboration with the New...

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    Book by Joseph E. Stiglitz, Amartya Sen, Jean-Pual Fitoussi

    Origionally published on The New Press.

    The [financial] crisis is teaching us a very important lesson: those attempting to guide the economy and our societies are like pilots trying to steer a course without a reliable compass. — from Mismeasuring Our Lives

    In...

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    Article by Herman E. Daly

    May 30, 2008 Letter to the Editor of the Washington Post by Herman Daly, noted expert in the field of ecological economics and professor at the University of Maryland School of Public Policy. Daly sends a new economy response to Robert Samuelson's prescription for ending global poverty [op-ed,...

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    Video by Dave Batker, John de Graaf

    Ecological economist Dave Batker questions whether GDP is an adequate measure of society's well-being and suggests workable alternatives.

    In this film produced by John de Graaf of Affluenza fame, ecological economist Dave Batker presents a humorous, edgy, factual, timely and highly-visual...

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    Report by New Economics Foundation

    The Happy Planet Index reveals the ecological efficiency with which human well-being is delivered

    The index combines environmental impact with human well-being to measure the environmental efficiency with which, country by country, people live long and happy lives. Learn about the ideas...

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    Report by New Economics Foundation

    Creating a new kind of economy is crucial if we want to tackle climate change and avoid the mounting social problems associated with the rise of economic inequality. The Great Transition provides the first comprehensive blueprint for building an economy based on stability, sustainability and...

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    Book by Peter Victor Managing Without Growth

    Peter Victor challenges the priority that rich countries continue to give to economic growth as an over-arching objective of economic policy. The challenge is based on a critical analysis of the literature on environmental and resource limits to growth, on the disconnect between higher incomes...

  • Report by Commission of the European Communities

    Introduction:

    Gross Domestic Product (GDP) is the best known measure of macro-economic activity. Developed in the 1930s, GDP has become a standard benchmark used by policy-makers throughout the world and is widely used in public debates. GDP aggregates the value added of all money-based...

  • Report by Joseph E. Stiglitz, Amartya Sen, and Jean-Paul Fitoussi

    The Commission was created the beginning of 2008 by French President Sarkozy to address the adequacy of GDP as an appropriate indicator of economic performance.

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    Report by Tim Jackson

    The economy is geared, above all, to economic growth. Economic policy in the current recession is all about returning to growth – but an economic crisis can be an opportunity for some basic rethinking and restructuring.

    Two objectives other than growth – sustainability and wellbeing –...