THE TELEGRAPH: First winners of Indigo Prize in economics given £135,000 for re-imagining GDP

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Release date: 25/10/2017

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The new award is one of the most generous UK gongs in economics, with the top prize of £125,000 to be split between Diane Coyle, professor of economics at the University of Manchester, and Jonathan Haskel, at Imperial College Business School.

Prof Coyle’s entry, co-written with Benjamin Mitra-Kahn, chief economist at IP Australia, suggested replacing GDP with a six pronged approach, combining physical assets, natural capital, human capital, intellectual property, social and institutional capital, and net financial capital.

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