Is the U.S. making progress? Unlike the GDP, a new measure says "no".(Gross Domestic Product): An article from: Dollars & Sense

This digital document is an article from Dollars & Sense, published by Economic Affairs Bureau on March 1, 1996. The length of the article is 3617 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The validity of the Gross Domestic Product (GDP) as the primary measure of economic output is being questioned. GDP fails to measure the Human Development Index which gauges "progress" per person", something the Genuine Progress Indicator (GPI) takes into account. The GDP considers the three essential economic elements of consumption, investment and government spending. GPI goes further by breaking these elements into "goods" or "bads" depending on the value of the social implications.

Citation Details
Title: Is the U.S. making progress? Unlike the GDP, a new measure says "no".(Gross Domestic Product)
Author: Marc Breslow
Publication:Dollars & Sense (Newsletter)
Date: March 1, 1996
Publisher: Economic Affairs Bureau
Issue: n204 Page: p16(6)

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