British academy

Joseph Stiglitz is giving evidence to Scottish Parliament on economy and well-being

19 Feb 2013

Nobel prize winning economist Professor Joseph Stiglitz will give evidence to the Economy, Energy and Tourism Committee to inform them on the adequacy of current measures of economic performance.

Professor Stiglitz said:

“I am delighted to advise, for the first time, a committee of the Scottish Parliament. My work with the international Commission on the Measurement of Economic Performance and Social Progress has underlined the concerns over the adequacy of gross domestic product as a measure of well-being, and I hope that my knowledge and expertise in this area will convince the Committee to consider this issue in more detail.”