Is it time for us to break up with GDP?

By: Lawrence Zhang How do we measure the economic well-being of a country?  Despite the popularity of the Gross Domestic Product (GDP) as the end-all-be-all measure of economic activity, many would argue that GDP is far from the best way to measure economic well-being. From news reports, to speeches by politicians, to international publications, GDP […]

Looking beyond GDP: Measuring prosperity in Ontario

Christal Huang Ontario, how well are we doing? The Institute for Competitiveness and Prosperity (ICP) launched its Working Paper, Looking Beyond GDP: Measuring Prosperity in Ontario on October 13, 2016, to explore this question. As the title of the Working Paper suggests, ICP sought to use broader measures given the limits of what the GDP captures. […]