More and more economists demand that GDP should not be the sole parameter for the calculation of economic growth. The alternatives? Bhutan's "Gross Happiness Product" or the well-being index of the British government. But what do these alternatives offer - and how can they be measured?
The GDP might me an imperfect indicator for growth - but its alternatives are even worse. They replace objectively measurable numbers with subjective preferences. We must not deny the importance of growth by changing the definitions.
Economic growth cannot be measured in terms of GDP alone. Numerical indicators must be supplemented by assessments of well-being if we want to understand what is actually driving our economies. We want to hear your concerns!
Limitless growth has long been perceived as a natural law of economics. That idea is no longer valid. If growth is achieved through excessive risks and without measures of accountability, it might do more harm than good.
What decisions would we make if we deliberated carefully about public policy? Alexander Görlach sat down with Stanford's James Fishkin to discuss deliberative democracy, parliamentary discontent, and the future of the two-party system.
For many Europeans the massacre in Arizona is another evidence that political violence is spreading in the United States but this unfortunate event was the deed of a mentally ill person, not a political activist. There is no evidence of an increasing political extremism tearing America apart. Using
The US and Russia don't agree on much - but they are both keen to develop a good relationship with India. How do we know? Look at the arms trade.
More than 50 percent of the world's population now live in cities – and there is no end of urbanization in sight. Harvard economist Edward Glaeser believes urbanization to be a solution to many unanswered problems: pollution, depression and a lack of creativity. He spoke with Lars Mensel about the
Contrary to the mantras repeated by the press, HIV infections are not increasing. We need to move away from activist scare tactics and towards complex risk management strategies.
Nick Bostrom directs the Future of Humanity Institute at Oxford University. He talked with Martin Eiermann about existential risks, genetic enhancements and the importance of ethical discourses about technological progress.