Rising trends in GDP per capita are often interpreted as reflecting rising levels of general wellbeing. But GDP per capita is at best a crude proxy for wellbeing, neglecting important qualitative dimensions. 36 more words
via Wellbeing inequality in retrospect — VoxEU.org: Recent Articles
To elaborate further on the topic, Prof. Leandro de la Escosura has made available several databases on inequality, accessible here, as well as a book on long-term Spanish economic growth, available as open source here
Reblogged this on The NEP-HIS Blog and commented:
A must read – Leandro Prados de la Escosura (databases and open access book on inequality)
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