11min chapter

The Great Antidote cover image

Jeremy Horpedahl on The Real Cost of Thriving Index

The Great Antidote

CHAPTER

The Importance of Indices in Economics

The chapter discusses the significance of indices in measuring economic progress and compares various major indices used to evaluate the economic well-being of countries, including GDP per capita and median earnings. It emphasizes that the current index suggests a decline in family well-being since 1985.

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