Physical Sciences and Mathematics Commons^™

Beyond Gdp: The Need For New Measures Of Progress, Robert Costanza, Maureen Hart, John Talberth, Stephen Posner

Institute for Sustainable Solutions Publications and Presentations

This paper is a call for better indicators of human well-being in nations around the world. We critique the inappropriate use of Gross Domestic Product (GDP) as a measure of national well-being, something for which it was never designed. We also question the idea that economic growth is always synonymous with improved well-being. Useful measures of progress and well-being must be measures of the degree to which society?s goals (i.e., to sustainably provide basic human needs for food, shelter, freedom, participation, etc.) are met, rather than measures of the mere volume of marketed economic activity, which is only one means …