The Centre for European Studies published a policy brief:
GDP and its enemies: the Questionable Search for a Happiness Index by Johan Norberg
The financial crisis and global warming have led to a crisis of confidence in our traditional ways of measuring wealth and as a result, a number of alternative indexes have been proposed. However, in the CES policy brief, Johan Norberg looks at the alternatives to the GDP and concludes that they are constructed with a specific political agenda in mind and are easily manipulated by governments.
Therefore, he suggests addressing the present environmental and financial problems within the intellectual framework of economic growth which takes into account a liberal, pluralistic society where people have different interests, preferences and attitudes to well-being.
To download the policy brief, click here.