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The Little Big Number

How GDP Came to Rule the World and What to Do about It

The Little Big Number by Dirk Philipsen
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In one lifetime, GDP, or Gross Domestic Product, has ballooned from a narrow economic tool into a global article of faith. As The Little Big Number demonstrates, this spells trouble. While economies and cultures measure their performance by it, GDP only measures output. It ignores central facts such as quality, costs, or purpose. Sustainability and quality of life are overlooked. Losses don't count. The world can no longer afford GDP rule—GDP ignores real development. Dirk Philipsen demonstrates how the history of GDP reveals unique opportunities to fashion smarter goals and measures. The Little Big Number explores a possible roadmap for a future that advances quality of life rather than indiscriminate growth.

Princeton University Press; May 2015
416 pages; ISBN 9781400865529
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Title: The Little Big Number
Author: Dirk Philipsen
 
  • News
The Tyranny of GDP - Huffington Post
Tue, 16 Jun 2015 09:33:49 -0700
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When it comes to GDP and quality of life, growth not always good - News & Observer
Sat, 24 Oct 2015 14:20:11 -0700
When it comes to GDP and quality of life, growth not always goodNews & ObserverOn Thursday, the U.S. Bureau of Economic ...
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ISBNs
1400865522
9780691166520
9781400865529