How Should We Measure Well-Being? Dimitri B. Papadimitriou Talks with Financial Times about Bard Levy Institute’s New Federal Contract to Broaden Measures of Economic Well-Being
Levy Institute President Dimitri Papadimitriou teaching at Bard College. Photo by Noah Sheldon.
Many of the metrics we commonly use to understand economic growth and well-being were developed nearly a century ago, and may no longer paint an accurate picture of the economy. The Levy Economics Institute of Bard College last week won a $300,000 federal contract to aid the US Department of Labor in its efforts to broaden how it measures the economic well-being of US households. Levy Institute President Dimitri Papadimitriou talked with Rana Foroohar of the Financial Times about how new metrics, such as measuring women’s unpaid labor, could create more clarity for policymakers.
Post Date: 11-09-2021
Post Date: 11-09-2021