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Wow! Economics: Redefining Progress using the GPI instead of GDP (GPI = Genuine Progress Indicator). "One of the architects of the Gross Domestic Product (GDP), Simon Küznets, cautioned against using the GDP as a measure of the welfare of a nation. Some 32 years after his lament, Redefining Progress, an economic research think tank developed the Genuine Progress Indicator (GPI). For the first time, a holistic measure of the welfare of a nation had been constructed."- from fiscallygreen.ca
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