Economists have even considered replacing GDP as a measure of - TopicsExpress

Economists have even considered replacing GDP as a measure of wealth and success with a new ‘happiness factor that would expand a countrys success beyond purely financial and economic measures. The happiness of over 18,000 people worldwide has been predicted by a mathematical equation developed by researchers at UCL, with results showing that moment-to-moment happiness reflects not just how well things are going, but whether things are going better than expected.

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