It uses the word observatory, from astronomy, to emphasize a degree of detachment and objectivity in measuring well-being.

Like ecological economics it focuses on measuring well-being and detecting uneconomic growth that comes at the expense of human health.

Since 2003 he has focused on measuring social well-being by building economic security indices.

So the debate intensifies, and as it does, very different views emerge on measuring human well-being.

The question is how to measure well-being.

But there is something profoundly wrong with the way we measure economic well-being if this tragedy leads to the conclusion that some economic good was achieved.

More complex means of measuring well-being must be employed to make such judgements, and these are very often political, thus controversial.

What's the best way to measure economic well-being?

Challenging prevailing assumptions about technology and its usefulness has led to alternative ideas like uneconomic growth or measuring well-being.

It is an improved standard means of measuring well-being, especially child welfare and thus human development.