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How the GDP magic failed

Book review of GDP: The World's Most Powerful Formula and Why it Must Change

Book cover
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Book cover of GDP: The World’s Most Powerful Formula and Why it Must Change

Hasan Suroor
The book starts with a reference to an interesting coincidence that saw three bright young scholars from the Indian subcontinent meet at Cambridge University as economics undergraduates in 1953. They became close friends, and each went on to achieve great eminence. One even won the Nobel Prize in economics. 

The trio included the Nobel laureate-to-be Amartya Sen; Mahbub-ul -Haq who rose to become Pakistan's chief economist and presided over its short-lived 1960s economic boom; and Meghnad Desai whose name became synonymous with development as the head of London School of Economics' Development Studies Institute. 

They figure in this book not because of