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Wellbeing and GDP: explained
Focusing on wellbeing over economic growth could transform our economy – but it also has some blind spots.

By
Annie Quick
28 October 2020

This is an article from the second issue of the New Economics Zine. You can read the full issue here
“The goal and objective of all economic policy should be collective wellbeing,” said Scotland’s First Minister Nicola Sturgeon this January, in a speech where she said that wellbeing should be as fundamental as gross domestic product (GDP).

It’s always encouraging to see politicians challenging GDP as the primary measure of

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