Towards a better measure of wealth
Having been dissatisfied with the sophistication and thoroughness of the statistical information used to measure wealth, French President Nicolas Sarkozy requested a report from the Commission on the Measurement of Economic Performance and Social Progress. Compiled by Joseph Stiglitz, Amartya Sen and Jean Paul Fitoussi, the report identified a gap between statistical measurement of socio-economic variables and public perceptions of the same, suggesting several explanations for this.
They
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