Wednesday, April 30, 2014

GPI, Genuine Progress Indicator

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http://genuineprogress.net/genuine-progress-indicator/
In an attempt to give a more accurate indication of the economic health of an economy, economists have proposed the GPI which starts out with the GDP and adds environmental and human factors. Even this greatly improved metric still lacks the human factor of health. It would serve well to add the global burden of disease (GBD) ranking to the GPI in order to understand the extent to which the US falls behind economically. Health is an intrical part to the economic equation.

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