Economic growth is measured by the growth in real GNP. Bhutan has replaced or supplemented GNP with GNH, Gross National Happines. Should other countries focus more on GNH?
Discuss the following statements:
- Correlation is neither a sufficient nor a necessary condition for causality
- (Economic) welfare is different from high GDP (growth), but there is a correlation.
- There is a correlatioan between health and happiness.
- Well being is often measured by real disposabel income and strongly correlated by GNH.
- Focus on the journey, not the destination. Joy is found not in finishing an activity - but in doing it.