FT: Is GDP the wrong indicator? | 15 comments (15 topical, editorial, 0 hidden)

Sarkozy appears to be quite a busy man! (none / 0)

FT.com / Comment / Analysis - A measure remodelled

This ambitious initiative was launched last year by Nicolas Sarkozy, France's president, who had grown concerned about popular distrust of economic statistics. All too often, he argued, official data seemed to conflict with personal experience, creating a dissonance between politics and ordinary life. The threat of catastrophic climate change should also force policymakers to recalibrate the broader environmental impact of economic growth, he said.

Truth unfolds in time through a communal process.

by marco on Wed Jan 28th, 2009 at 07:31:08 AM EST

Another bit (4.00 / 2)

The FT notes that Sarkozy has created a commission to look into creating new indicators. While this commission has the right people (Sen, Stiglitz), it partially ignores the initiatives that have already been going on. Like so many of Sarkozy's actions. One of these other ongoing projects is the EU's Beyond GDP initiative, the launch of which I covered on the European Tribune in two diaries.

by nanne (zwaerdenmaecker@gmail.com) on Wed Jan 28th, 2009 at 08:09:48 AM EST
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Re: Sarkozy appears to be quite a busy man! (none / 0)

There are three kinds of lies: white lies, damned lies, and GDP statistics.

by das monde on Wed Jan 28th, 2009 at 07:37:54 PM EST
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FT: Is GDP the wrong indicator? | 15 comments (15 topical, 0 editorial, 0 hidden)