GDP

Let's forget about the economy for a moment. What if we ranked countries by people's wellbeing instead of Gross Domestic
With Advertising Week Europe now in full swing, the following six trends highlight why the ad industry is actually in a good place.
It may be a rebalance of the economic powers, but the planet is far from being the place of equality. Oxfam claims that "in 2010, it took 388 billionaires to equal the wealth of the bottom half of the world's population and by 2014, the figure had fallen to just 80 billionaires." If the trend continues, warns the humanitarian group, in two years the richest 1% will have more than the remaining 99%.
What's not to like about wages increasing (in the three months to October, average earnings excluding bonuses were up 1.6% from a year earlier) and prices only rising by half a percent? Economists are in two minds.
Student debt will cost Britain billions over the next 30 years, figures obtained by a former universities minister reveal
The Chancellor's recent Autumn Statement generated a number of big-splash headlines with announcements on Stamp Duty, tax and savings. But there are really only two key criteria by which we will judge the Chancellor's Statement in the long term.
If the E.U. is keen to assert leadership on these issues, it could do worse than reflect upon what "wealth" really means for its 500 million citizens.
An advisory group to the United Nations is calling for a revolution. It won't be taking people to the streets, ousting governments or causing bloodshed, but it will overhaul the data driving governments' decisions.
Just after the results of the Brazilian presidential elections were made public a few days ago, giving current President Dilma Rouseff of the leftist Workers Party a small margin of victory over her opponent Aécio Neves, the British weekly magazine The Economist did what it always does, and came up with one of their worst ever statements.
Instead of struggling to find new jobs for all those redundant sandwich makers, therefore, the most beneficial solution is to spread the extra free time around the working population to improve the quality of their health and lives. To achieve this, two things are needed...