Pursuit of happiness: GNH vs GDP

Pursuit of happiness: GNH vs GDP: Recently, as a member of the Expert Group set up by the King of Bhutan, I attended the meeting to develop gross national happiness as a viable substitute for gross domestic product. The latter goes up when the trees are cut while the former goes down for the same act. There are many other differences between both the concepts, which have triggered a worldwide debate. Some believe that a system, which counts on the destruction of natural resources as a contributor to the economic growth is a broken system.