The Irish Times view on measuring national welfare: GDP only tells part of the story - News Summed Up

The Irish Times view on measuring national welfare: GDP only tells part of the story


In an interview on Monday, he told the Guardian that “GDP tells us the cost of everything, and the value of nothing. And traditional economic and accounting measures have shortcomings. Unfortunately, US president Donald Trump has changed the reporting rules in the US and this has influenced the mood internationally. Last week the Supreme Court overruled a decision not to grant planning permission to the Coolglass Wind Farm project in Co Laois, saying this was not consistent with Ireland’s climate change rules. This sends a message out to Ministers and civil servants that climate change policies, sometimes seen to run counter to economic growth, cannot be ignored.


Source: The Irish Times February 11, 2026 20:32 UTC



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