Articles Archive for 20 October 2005
Random Draws »
A New York Times article (hat tip: Suhit) of Oct 4th, starts off with
What is happiness? In the United States and in many other industrialized countries, it is often equated with money.
Economists measure consumer confidence on the assumption that the resulting figure says something about progress and public welfare. The gross domestic product, or G.D.P., is routinely used as shorthand for the well-being of a nation.
But the small Himalayan kingdom of Bhutan has been trying out a different idea.
In 1972, concerned about the problems afflicting other developing countries that focused …


