Discuss the advantages and disadvantages of GDP as an indicator of national well-being. Suggested Reading Clark, A. E., P. Frijters and M. A. Shields (2008) ‘Relative Income, Happiness, and Utility: An Explanation for the Easterlin Paradox and Other Puzzles”, Journal of Economic Literature 46(1), pp95-144 Fleurbaey, M. (2009) “Beyond GDP: The Quest for a Measure of Social Welfare”, Journal of Economic Literature 47(4), pp1029-1075 Stiglitz, J. E. (2009) °GDP Fetishism”, The Economists’ Voice 6(8), pp1-3 Victor, P. (2010) “Questioning Economic Growth”, Nature 468, pp370-371