With all these economic indeces being created, the happiness index, now Thailand is mulling a national progress index, does this mean the end of the GDP index? Are all these new indeces rendering the GDP meaningless? Are they meaningless themselves?

GDP and GNP I sort of understand, whats the point of these others?

With all these economic indeces being created, the happiness index, now Thailand is mulling a national progress index, does this mean the end of the GDP index? Are all these new indeces rendering the GDP meaningless? Are they meaningless themselves?

GDP and GNP I sort of understand, whats the point of these others?

I think a new index might be ceated to take your attention away from the poor performance in the other historical indices. Just a guess.