{"id":38512,"date":"2019-12-01T00:00:00","date_gmt":"2019-11-30T22:00:00","guid":{"rendered":"http:\/\/neaman.s390.upress.link\/gross-domestic-problem-why-gdp-misleads-and-how-to-fix-it\/"},"modified":"2026-07-05T19:27:59","modified_gmt":"2026-07-05T16:27:59","slug":"gross-domestic-problem-why-gdp-misleads-and-how-to-fix-it","status":"publish","type":"post","link":"https:\/\/neaman.org.il\/en\/gross-domestic-problem-why-gdp-misleads-and-how-to-fix-it\/","title":{"rendered":"Gross Domestic Problem: Why GDP Misleads &amp; How to Fix It"},"content":{"rendered":"<p>This research paper surveys academic research done during approximately the past five years, on new approaches to measuring economic growth and well-being, replacing the conventional Gross Domestic Product &lsquo;national accounts&rsquo; measure, in use since 1934,&nbsp; that is now understood to be flawed. While it is seen that GDP as a measure of well-being is problematic,&nbsp; it is not clear that a simple, understandable and consensual substitute is available as an alternative.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This research paper surveys academic research done during approximately the past five years, on new approaches to measuring economic growth and well-being, replacing the conventional Gross Domestic Product &lsquo;national accounts&rsquo; measure, in use since 1934,&nbsp; that is now understood to be flawed. While it is seen that GDP as a measure of well-being is problematic,&nbsp; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16337,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","wpcf-doi":"https:\/\/doi.org\/10.82514\/gross-domestic-problem-why-gdp-misleads-and-how-to-fix-it","wpcf-pdf-report":"\/wp-content\/uploads\/2024\/02\/Gross-Domestic-Problem_20200218150838.825.pdf","wpcf-publication-date":1575158400,"wpcf-add-current-post-to-the-home-page":"","authors":["518","489"],"footnotes":""},"categories":[28],"tags":[219,57,40,78],"post_category":[],"class_list":["post-38512","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-report","tag-219","tag-academic-research","tag-economy","tag-society"],"wpml_translations":{"en":{"id":38512},"he":{"id":36515}},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Gross Domestic Problem: Why GDP Misleads &amp; How to Fix It - Samuel Neaman Institute<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/neaman.org.il\/en\/gross-domestic-problem-why-gdp-misleads-and-how-to-fix-it\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gross Domestic Problem: Why GDP Misleads &amp; How to Fix It - Samuel Neaman Institute\" \/>\n<meta property=\"og:description\" content=\"This research paper surveys academic research done during approximately the past five years, on new approaches to measuring economic growth and well-being, replacing the conventional Gross Domestic Product &lsquo;national accounts&rsquo; measure, in use since 1934,&nbsp; that is now understood to be flawed. While it is seen that GDP as a measure of well-being is problematic,&nbsp; [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/neaman.org.il\/en\/gross-domestic-problem-why-gdp-misleads-and-how-to-fix-it\/\" \/>\n<meta property=\"og:site_name\" content=\"Samuel Neaman Institute\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/NeamanInstitute\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-30T22:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-07-05T16:27:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/neaman.org.il\/wp-content\/uploads\/2024\/02\/Screenshot_78_20200218151409.700.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1129\" \/>\n\t<meta property=\"og:image:height\" content=\"1682\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"neamansu_admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@samuelneaman1\" \/>\n<meta name=\"twitter:site\" content=\"@samuelneaman1\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"neamansu_admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/neaman.org.il\\\/en\\\/gross-domestic-problem-why-gdp-misleads-and-how-to-fix-it\\\/#article\",\"author\":{\"name\":\"neamansu_admin\",\"@id\":\"https:\\\/\\\/www.neaman.org.il\\\/en\\\/#\\\/schema\\\/person\\\/155ac65e4b9b82054e81afac61772007\"},\"headline\":\"Gross Domestic Problem: Why GDP Misleads &amp; How to Fix It\",\"datePublished\":\"2019-11-30T22:00:00+00:00\",\"dateModified\":\"2026-07-05T16:27:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/neaman.org.il\\\/en\\\/gross-domestic-problem-why-gdp-misleads-and-how-to-fix-it\\\/\"},\"publisher\":{\"@id\":\"https:\\\/\\\/www.neaman.org.il\\\/en\\\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/neaman.org.il\\\/en\\\/gross-domestic-problem-why-gdp-misleads-and-how-to-fix-it\\\/\",\"url\":\"https:\\\/\\\/neaman.org.il\\\/en\\\/gross-domestic-problem-why-gdp-misleads-and-how-to-fix-it\\\/\",\"name\":\"Gross Domestic Problem: Why GDP Misleads &amp; How to Fix It - Samuel Neaman Institute\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.neaman.org.il\\\/en\\\/#website\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/neaman.org.il\\\/en\\\/gross-domestic-problem-why-gdp-misleads-and-how-to-fix-it\\\/#breadcrumb\"},\"inLanguage\":\"en-US\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/neaman.org.il\\\/en\\\/gross-domestic-problem-why-gdp-misleads-and-how-to-fix-it\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home Page\",\"item\":\"https:\\\/\\\/neaman.org.il\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Gross Domestic Problem: Why GDP Misleads &amp; How to Fix It\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.neaman.org.il\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.neaman.org.il\\\/en\\\/\",\"name\":\"Samuel Neaman Institute\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.neaman.org.il\\\/en\\\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.neaman.org.il\\\/en\\\/#organization\",\"name\":\"Samuel Neaman Institute\",\"url\":\"https:\\\/\\\/www.neaman.org.il\\\/en\\\/\",\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/NeamanInstitute\",\"https:\\\/\\\/x.com\\\/samuelneaman1\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/samuel-neaman-institute\\\/\",\"https:\\\/\\\/open.spotify.com\\\/show\\\/1YnzZbAoYXqGJHQnNoFZA2?si=33a94d09083a41a4&nd=1&dlsi=a0b2b819d9ac4876\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Gross Domestic Problem: Why GDP Misleads &amp; How to Fix It - Samuel Neaman Institute","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/neaman.org.il\/en\/gross-domestic-problem-why-gdp-misleads-and-how-to-fix-it\/","og_locale":"en_US","og_type":"article","og_title":"Gross Domestic Problem: Why GDP Misleads &amp; How to Fix It - Samuel Neaman Institute","og_description":"This research paper surveys academic research done during approximately the past five years, on new approaches to measuring economic growth and well-being, replacing the conventional Gross Domestic Product &lsquo;national accounts&rsquo; measure, in use since 1934,&nbsp; that is now understood to be flawed. While it is seen that GDP as a measure of well-being is problematic,&nbsp; [&hellip;]","og_url":"https:\/\/neaman.org.il\/en\/gross-domestic-problem-why-gdp-misleads-and-how-to-fix-it\/","og_site_name":"Samuel Neaman Institute","article_publisher":"https:\/\/www.facebook.com\/NeamanInstitute","article_published_time":"2019-11-30T22:00:00+00:00","article_modified_time":"2026-07-05T16:27:59+00:00","og_image":[{"width":1129,"height":1682,"url":"https:\/\/neaman.org.il\/wp-content\/uploads\/2024\/02\/Screenshot_78_20200218151409.700.jpg","type":"image\/jpeg"}],"author":"neamansu_admin","twitter_card":"summary_large_image","twitter_creator":"@samuelneaman1","twitter_site":"@samuelneaman1","twitter_misc":{"Written by":"neamansu_admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/neaman.org.il\/en\/gross-domestic-problem-why-gdp-misleads-and-how-to-fix-it\/#article","author":{"name":"neamansu_admin","@id":"https:\/\/www.neaman.org.il\/en\/#\/schema\/person\/155ac65e4b9b82054e81afac61772007"},"headline":"Gross Domestic Problem: Why GDP Misleads &amp; How to Fix It","datePublished":"2019-11-30T22:00:00+00:00","dateModified":"2026-07-05T16:27:59+00:00","mainEntityOfPage":{"@id":"https:\/\/neaman.org.il\/en\/gross-domestic-problem-why-gdp-misleads-and-how-to-fix-it\/"},"publisher":{"@id":"https:\/\/www.neaman.org.il\/en\/#organization"},"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/neaman.org.il\/en\/gross-domestic-problem-why-gdp-misleads-and-how-to-fix-it\/","url":"https:\/\/neaman.org.il\/en\/gross-domestic-problem-why-gdp-misleads-and-how-to-fix-it\/","name":"Gross Domestic Problem: Why GDP Misleads &amp; How to Fix It - Samuel Neaman Institute","isPartOf":{"@id":"https:\/\/www.neaman.org.il\/en\/#website"},"breadcrumb":{"@id":"https:\/\/neaman.org.il\/en\/gross-domestic-problem-why-gdp-misleads-and-how-to-fix-it\/#breadcrumb"},"inLanguage":"en-US"},{"@type":"BreadcrumbList","@id":"https:\/\/neaman.org.il\/en\/gross-domestic-problem-why-gdp-misleads-and-how-to-fix-it\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home Page","item":"https:\/\/neaman.org.il\/en\/"},{"@type":"ListItem","position":2,"name":"Gross Domestic Problem: Why GDP Misleads &amp; How to Fix It"}]},{"@type":"WebSite","@id":"https:\/\/www.neaman.org.il\/en\/#website","url":"https:\/\/www.neaman.org.il\/en\/","name":"Samuel Neaman Institute","publisher":{"@id":"https:\/\/www.neaman.org.il\/en\/#organization"},"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.neaman.org.il\/en\/#organization","name":"Samuel Neaman Institute","url":"https:\/\/www.neaman.org.il\/en\/","sameAs":["https:\/\/www.facebook.com\/NeamanInstitute","https:\/\/x.com\/samuelneaman1","https:\/\/www.linkedin.com\/company\/samuel-neaman-institute\/","https:\/\/open.spotify.com\/show\/1YnzZbAoYXqGJHQnNoFZA2?si=33a94d09083a41a4&nd=1&dlsi=a0b2b819d9ac4876"]}]}},"_links":{"self":[{"href":"https:\/\/neaman.org.il\/en\/wp-json\/wp\/v2\/posts\/38512","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/neaman.org.il\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/neaman.org.il\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/neaman.org.il\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/neaman.org.il\/en\/wp-json\/wp\/v2\/comments?post=38512"}],"version-history":[{"count":0,"href":"https:\/\/neaman.org.il\/en\/wp-json\/wp\/v2\/posts\/38512\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/neaman.org.il\/en\/wp-json\/wp\/v2\/media\/16337"}],"wp:attachment":[{"href":"https:\/\/neaman.org.il\/en\/wp-json\/wp\/v2\/media?parent=38512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/neaman.org.il\/en\/wp-json\/wp\/v2\/categories?post=38512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/neaman.org.il\/en\/wp-json\/wp\/v2\/tags?post=38512"},{"taxonomy":"post_category","embeddable":true,"href":"https:\/\/neaman.org.il\/en\/wp-json\/wp\/v2\/post_category?post=38512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}