GDP – The Property Chronicle
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Orkney, GDP and the trouble with quantifying the good life Whatever a survey tells us, the idea of a definitive measure of quality of life is mistaken

The annual Halifax quality of life survey tells us that Orkney is the best place to live in the UK. This is something of a puzzling conclusion, as only those 22,000 people living on the remote islands seem to agree. The confusion increases when we consider that the bank goes on to say that it […]

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What having a baby has taught me about GDP Traditional GDP measurement cannot capture the value of the sharing economy

Like many dads-to-be, I’ve been thinking about GDP a lot recently. The arrival of a new human means acquiring all sorts of stuff. I quietly grimaced on finding out we should expect to spend about £1,000 on new baby clobber, a figure presumably based on buying everything new. Thankfully, the wonders of the digital economy […]

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