Stuart Laidlaw

A Richer Way of Measuring Wealth (2007)

New well-being index would complement traditional GDP

The Gross Domestic Product (GDP), a simple totalling of all goods and services in the economy, is the most used measure of the economy. In this document, Mr. Laidlaw outlines a different kind of statistical indicator designed to complement the GDP. It is called the Canadian Index of Well-being (CIW) and its goals are:

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