Why Not 'Gross Domestic Wellbeing'?

LONDON â?? During a 2008 discussion of the global financial crisis at the London School of Economics, Queen Elizabeth II famously floored a room full of financial heavyweights by asking, â??Why did no one see it coming?â? That question has been haunting economists ever since, as the recognition has slowly taken hold that, in the supposed â??golden ageâ? preceding the crisis, they were blind not only to the potential consequences of failure â?? but also to the true cost of â??success.â?