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Hey, Big Number, Make Room for the Rest of Us
Continue to the storyIn the absence of any statistic of comparable cachet, however, the G.D.P. is regularly asked to do more than it was designed to do. It measures wealth just fine, but as a stand-in gauge for the nation's overall well-being, this supernumber is less than perfect. Or, as Robert F. Kennedy put it 40 years ago, the G.D.P. "measures everything, in short, except that which makes life worthwhile."