On September 27, I questioned whether anyone could develop a better measure of well-being than the GDP even when Dr. Stiglitz’s commission suggested the possibility.
Perhaps confirming the challenge, several lists of state happiness levels were recently publicized. The 2008 Gallup-Healthways Well-Being Index had Utah as 1, California 9, New York 35 and West Virginia last, at 50. http://www.ahiphiwire.org/WellBeing/Display.aspx?doc_code=RWBStateRanks
By contrast, an article published in Science (12/17/09) tells us not to live in New York or California if we want to be happy. Instead, the results say move to Louisiana!
Happily, they both agree that the people living in Hawaii tend to be the happiest in the country.
Any implications here for changing GDP?