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Gross National Happiness as a measure of the economy

Among the world’s most isolated nations, Bhutan is known for its sweeping vistas, mountaintop monasteries and a Gross National Happiness Index that prioritizes wellbeing over economic growth.

Isn’t that lovely The clever people, with the Rolls Royce (OK, thoroughbred yak) minds will tell everyone how they are to be happy and what they may have to be happy.

Cool!

The Tiny Kingdom Of Bhutan Secretly Held Millions Of Dollars In Cryptocurrency

Ah.

According to court documents reviewed by Forbes, Bhutan’s $2.9 billion sovereign investment arm was a customer of bankrupt crypto lenders BlockFi and Celsius,

Hmm…..maybe putting it all in the hands of the Sage of Thimphu wasn’t all that good an idea then….

9 thoughts on “Gross National Happiness as a measure of the economy”

  1. Bloke in the Fourth Reich

    Lots of these third-world tinpots have been practising “the little people will own nothing and be happy” for a long time.

    This one is however one they have learned from the west – namely privatizing profits and socializing losses.

  2. Dennis, Cranky As All Get Out

    Among the world’s most isolated nations, Bhutan is known for its sweeping vistas, mountaintop monasteries and a Gross National Happiness Index that prioritizes wellbeing over economic growth.

    Which is why you can’t walk 15 feet in Central Ohio without bumping into a Bhutanese immigrant. I have a few as clients, and they considered Bhutan worthy of fleeing… irrespective of the place’s “happiness index”.

    God, Forbes is so full of shit these days.

  3. Economics isn’t supposed to gauge happiness – it just tells you whether a nation is walking around in its own shit.

    Some people like that. Others don’t.

  4. From the political perspective, the problem with conventional economic measures like GDP is that they are difficult to fudge. But vague, subjective standards like “Gross National Happiness” can be measured in any way that is expedient at any given moment. As an added bonus, it provides an excuse for politicians to meddle in any aspect of your life and tell you that it’s for your own good.

  5. Well Dennis, maybe all the unhappy ones flee to Ohio?

    After all, I’m quite happy here in Brissie, but no doubt there’s plenty of Queenslanders who’d rather be elsewhere. And naturally lots more who’d love to reorganise the place their way.

  6. Must admit there were some hot days when I walked home from the hospital after my eye jab this year, dearieme.

    Still, there’s lots of nice bus stop seats to sit on while I pant.

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