Article: How to improve the criteria for assessing quality of life. 'The Economist' magazine touts consumption-based inequality measurement

ASHER MEIR
Jerusalem Post
01-11-2008
Headline: How to improve the criteria for assessing quality of life. 'The Economist' magazine touts consumption-based inequality measurement
Byline: ASHER MEIR
Edition; Daily
Section: Economics
Page: 17

Friday, January 11, 2008 -- For a number of years I've been writing about the inadequacy of generally used inequality measures, in particular the poverty line. Among other improvements, I have suggested using consumption rather than income as a measure of well-being. I even gave a presentation at the Central Bureau of Statistics (CBS) showing how this measure would have looked in Israel over past years and decades.

So I was more than a bit gratified (not ...

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