Description: Beyond GDP by Marc Fleurbaey, Didier Blanchet Estimated delivery 3-12 business days Format Hardcover Condition Brand New Description Is GDP a good proxy for social welfare? Building on economic theory, this book confirms that it is not, but also that most alternatives to it share its basic flaw, i.e., a focus on specific aspects of peoples lives without sufficiently taking account of peoples values and goals. A better approach is possible. Publisher Description In spite of recurrent criticism and an impressive production of alternative indicators by scholars and NGOs, GDP remains the central indicator of countries success. This book revisits the foundations of indicators of social welfare, and critically examines the four main alternatives to GDP that have been proposed: composite indicators, subjective well-being indexes, capabilities (the underlying philosophy of the Human Development Index), and equivalent incomes.Its provocative thesis is that the problem with GDP is not that it uses a monetary metric but that it focuses on a narrow set of aspects of individual lives. It is actually possible to build analternative, more comprehensive, monetary indicator that takes income as its first benchmark and adds or subtracts corrections that represent the benefit or cost of non-market aspects of individual lives. Such a measure can respect the values and preferences of the people and give as much weight as they do to the non-market dimensions. A further provocative idea is that, in contrast, most of the currently available alternative indicators, including subjective well-being indexes,are not as respectful of peoples values because, like GDP, they are too narrow and give specific weights to the various dimensions of life in a more uniform way, without taking account of thediversity of views on life in the population. The popular attraction that such alternative indicators derive from being non-monetary is therefore based on equivocation. Moreover, it is argued in this book that "greening" GDP and relative indicators is not the proper way to incorporate sustainability concerns. Sustainability involves predicting possible future paths, therefore different indicators than those assessing the current situation. While various indicators have beenpopular (adjusted net savings, ecological footprint), none of them involves the necessary forecasting effort that a proper evaluation of possible futures requires. Author Biography Marc Fleurbaey is the Robert E. Kuenne Professor of Economics and Humanistic Studies, Professor of Public Affairs and the UniMarc Fleurbaey is Robert E. Kuenne Professor of Economics and Humanistic Studies and Professor of Public Affairs for the University Center for Human Values at Princeton University. Previously, he was Research Director at Centre National de la Recherche Scientifique, Professor of Economics at Université de Pau et desPays de lAdour and Université de Cergy-Pontoise, as well as a visiting fellow at the London School of Economics and the University of Oxford. He was formerly the editor of Economics and Philosophy and is currently thecoordinating editor of Social Choice and Welfare.Didier Blanchet belongs to the Institut National de la Statistique et des Études Economiques (Insee). He is Editor-in-Chief of Economie et Statistique and research affiliate to the Centre de Recherche en Économie et Statistique (Crest). Earlier positions included researcher at the Institut National dÉtudes Démographiques and head of Insees Department of General Economic Studies.versity Center for Human Values Details ISBN 019976719X ISBN-13 9780199767199 Title Beyond GDP Author Marc Fleurbaey, Didier Blanchet Format Hardcover Year 2013 Pages 336 Publisher Oxford University Press Inc GE_Item_ID:137027423; About Us Grand Eagle Retail is the ideal place for all your shopping needs! With fast shipping, low prices, friendly service and over 1,000,000 in stock items - you're bound to find what you want, at a price you'll love! Shipping & Delivery Times Shipping is FREE to any address in USA. Please view eBay estimated delivery times at the top of the listing. Deliveries are made by either USPS or Courier. We are unable to deliver faster than stated. International deliveries will take 1-6 weeks. NOTE: We are unable to offer combined shipping for multiple items purchased. 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End Time: 2025-01-24T03:39:39.000Z
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ISBN-13: 9780199767199
Book Title: Beyond GDP
Number of Pages: 320 Pages
Language: English
Publication Name: Beyond Gdp : Measuring Welfare and Assessing Sustainability
Publisher: Oxford University Press, Incorporated
Publication Year: 2013
Subject: Public Policy / Social Services & Welfare, Public Policy / Social Policy, Economics / General, Public Policy / Economic Policy
Item Height: 0.9 in
Type: Textbook
Item Weight: 21.7 Oz
Author: Marc Fleurbaey, Didier Blanchet
Subject Area: Political Science, Business & Economics
Item Length: 9.3 in
Item Width: 6.1 in
Format: Hardcover