The growth of GDP remains the principal focus of attention when it comes to judging the progress of the 'wealth of nations', however other attempts have been made, most of them since the 1990's, to enlarge such a narrow vision. New indicators of development, well being, social health or...

This paper explores the relevance of the variables that define well-being and human progress and makes a quantitative inquiry into the validity of three of the well-known and well-documented composite indicators of well-being: the Human Development Index (HDI), the Legatum Prosperity Index (LPI)...