Quoting the Crisis28/09/2009
“ Too often, we confuse ends with means. One of the criticisms of our economies in the years prior to the crisis is that they did exactly that – a financial sector is a means to a more productive economy, not an end in itself. Even worse is to confuse an improvement in a measurement of well-being with an improvement in well-being itself. Our economy is supposed to increase our well-being. It, too, is not an end in itself. „
Joseph Stiglitz in FT.com / Comment / Opinion - Towards a better measure of well-being
Quote posted at 23:20
