The UK should stop obsessing over GDP – wellbeing is more telling

Daniel Button writes for the Guardian

In response to the latest ONS GDP figures Daniel Button wrote in the Guardian about what the UK could learn from the New Zealand wellbeing budget

The focus on GDP masks what’s really going on. The economy described by the growth figures released this morning does not reflect the reality for most people, who do not feel the effect of rising GDP on their daily lives. GDP can continue to grow while wages stagnate, housing remains unaffordable, life expectancy stalls and the planet heats up.”

Read the full article here

If you back a recovery plan based around great public services, protecting the planet and reducing inequality, please support NEF to build back better.

Make a monthly donation

£3 £5 £10 £25 £100

Make a one-off donation

£5 £10 £25 £50 £100