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By Paul Ormerod As the government prepares to shut its ‘happiness unit’ , Paul Ormerod looks at why focusing on GDP is more likely to boost the country’s wellbeing Last month, the government announced that the What Works Centre for Wellbeing, set up with great fanfare by David Cameron in 2014 with the mission to boost national happiness, is to be shut down. Ever since the concept was first launched after the Second World War, the main focus of the policy of governments of both parties had been to increase GDP, the total amount of income generated in the economy. But by 2014 this had become bor…

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