This was proposed as an alternative to GDP, but it’s not clear that it actually measures something similar. Even broadly understanding both as attempts to measure human happiness, it doesn’t seem similar.
Since we have no access to time-machines, we cannot give anyone a real choice between travelling back to 1700 and staying in 2010. There are no actual consequences to what they choose. So we are not even measuring people’s naive preferences, we are just measuring what they like to say or believe about 1700 vs 2010.
This was proposed as an alternative to GDP, but it’s not clear that it actually measures something similar. Even broadly understanding both as attempts to measure human happiness, it doesn’t seem similar.
Since we have no access to time-machines, we cannot give anyone a real choice between travelling back to 1700 and staying in 2010. There are no actual consequences to what they choose. So we are not even measuring people’s naive preferences, we are just measuring what they like to say or believe about 1700 vs 2010.