[dredmorbius]

GDP in particular has some huge problems as a measure of economic good.

There are numerous alternative measures which have been proposed, though none have been widely adopted: FISH, GPI, UNHDI, GSDP, GESDI, etc.

"Nobel Laureate: Examine Alternatives to GDP"

http://www.scientificamerican.com/podcast/episode.cfm?id=nob...