And why shouldn't they? I would expect the components of GDP to correlate with living standards even if GDP does not measure it as accurately as possible. The

And why shouldn't they? I would expect the components of GDP to correlate with living standards even if GDP does not measure it as accurately as possible. The best-known alternative I am familiar with is HDI, here is a scatterplot vs GDP: https://ourworldindata.org/grapher/human-development-index-vs-gdp-per-capita https://ourworldindata.org/grapher/human-development-index-v...