I've been a GDP sympathizer since I ran a first order regression of GDP on self reported happiness in European countries and found that it explained virtually all the variance.
I think it's important for a variety of reasons to measure other things though, and I would prefer to use other measures of both psychological and economic welfare for this reason.
I've been a GDP sympathizer since I ran a first order regression of GDP on self reported happiness in European countries and found that it explained virtually all the variance.
I think it's important for a variety of reasons to measure other things though, and I would prefer to use other measures of both psychological and economic welfare for this reason.
Great stuff! Excited to see more