Freakonomics Radio: The Health of Nations
For decades, Gross Domestic Product (GDP) has been a standard yardstick for measuring living standards around the world. (The U.S., at $14 trillion, remains far above any other single nation in GDP.) Martha Nussbaum would rather use something that actually works. This is the topic of our latest Freakonomics Radio podcast. Read More »
What's on England's Mind Today, Part 1 (National Happiness)
Britain will soon begin “measuring people’s psychological and environmental well-being” — i.e., their happiness. Read More »
RE: Nation of Whiners
| In this crisis of capitalism, it’s all well and good to re-read John Maynard Keynes, writes Pulitzer Prize-winning economist Amartya Sen in the New York Review of Books. But Sen also says that we tend to ignore Keynes’s rival Arthur Cecil Pigou, who said market fluctuations are partly driven by psychology, and that we Read More »
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