Doe Quote by Paul Samuelson
“Man does not live by GNP alone.”
About This Quote
Source Book: Economics, 1970
Economic well‑being depends on more than just gross national product; broader measures of welfare are essential.
In simple terms: GDP isn’t the only measure of prosperity.
Key Takeaway
Consider health, education, and equality.
Themes
economics
well‑being
measurement
Mood
critical
thoughtful
Type
analytical
policy‑oriented
When to use this quote
- policy analysis
- social research
- public health planning
Key Concepts
human development
quality of life
sustainability
Questions to Reflect On
- What alternative indicators should guide policy?
- How can societies balance growth with equity?
A Different Perspective
GDP remains a dominant metric, limiting broader assessments.
![“When the economy was going up, [Milton Friedman and I] both gave the same advice, and when the economy was going down, we gave the same advice. But in between he didn't change his advice at all.” quote by Paul Samuelson](https://sms4smile.com/quotes/img-quotes/0e0/paul-samuelson-9078_advice_when-the-economy-was-going-up-milton-fri_107897.jpg)
