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by aloneinkyoto 5717 days ago
Human development index (HDI)

Genuine progress indicator (GPI)

Index of Sustainable Economic Welfare (ISEW)

Gross national happiness (GNH)

The Gini coefficient

Just to name a few. None of which is perfect, but at least better than the GDP when it comes to actually saying something about the quality and state of an economy.
1 comments
anamax 5717 days ago
> The Gini coefficient

Why do I care how much someone else has?

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aloneinkyoto 5717 days ago
Rich man in a ghetto or rich man among friends. Pick one.
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anamax 5716 days ago
> Rich man in a ghetto or rich man among friends. Pick one.

Rich people don't live in ghettos - that's why ghettos have a very "good" Gini coefficient. (Ghettos would be better off if they did have rich residents.)

I didn't hate rich folks when I lived in a ghetto. Was I doing something wrong?

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