The overall objective of the paper is to evaluate the growth performance of Cyprus during the interwar (1921-38) period. Pamuk and Williamson assure us that with the exception of Mandated Palestine, the economic performance of Mediterranean states was poor. In order to evaluate the performance...

In Part One of this paper we use the harmonic analogy of a musical octave to analyze mathematic ratios of U.S. real GNP. These ratios are generated by bringing together figures for U.S. real GNP over intervals of time – “spreads of years” – as numerator and denominator in a single...

In the physical world the “identity” of something is taken generally as a given; an apple is an apple; this apple is this apple. When dealing with planetary structure and extension into space, however, the problem of the planet’s “identity” in the surrounding cosmos is writ large. What...

In this paper we present new database which is used to estimate different historical human development indices. Different functional forms for GDP per capita, life expectancy at birth and the average years of education are used to construct each index. We present data for the period 1900-2000 of...

Part I The first part of the paper is devoted to the monetary indicators of social welfare. It is shown which methods of quantitative estimating the aggregate wealth and well-being are available in the modern economic theory apart from the traditional GDP measure. The limitations of the methods...

Part II The second part of the paper is devoted to the non-monetary indicators of social welfare. Various approaches to the study of subjective well-being and happiness are described. The author shows what problems a researcher would encounter trying to analyze welfare on the micro-level and to...

Over the last two decades many economists, sociologists and other researchers expressed their views concerning the importance of using economic welfare as an instrument for socio-economic policies instead of relying only on economic growth. This paper aims to present on one hand the weaknesses...

This paper proposes foundations and a methodology for survey-based tracking of well-being. First, we develop a theory in which utility depends on "fundamental aspects" of well-being, measurable with surveys. Second, drawing from psychologists, philosophers, and economists, we compile a...