9:59:59.000,9:59:59.000 On the fourth of January, 1934, 9:59:59.000,9:59:59.000 A young man delivered a report 9:59:59.000,9:59:59.000 to the United States Congress 9:59:59.000,9:59:59.000 that 80 years on, 9:59:59.000,9:59:59.000 still shapes the lives of[br]everyone in this room today. 9:59:59.000,9:59:59.000 Still shapes the lives of[br]everyone on this planet. 9:59:59.000,9:59:59.000 That young man wasn't a politician, 9:59:59.000,9:59:59.000 he wasn't a businessman, 9:59:59.000,9:59:59.000 a civil rights activist, 9:59:59.000,9:59:59.000 or a faith leader. 9:59:59.000,9:59:59.000 He was the most unlikely of heroes, 9:59:59.000,9:59:59.000 an economist. 9:59:59.000,9:59:59.000 (Laughter) 9:59:59.000,9:59:59.000 His name was Simon Kuznets 9:59:59.000,9:59:59.000 and the report that he delivered was called, 9:59:59.000,9:59:59.000 "National Income, 1929-32" 9:59:59.000,9:59:59.000 Now, you might think that 9:59:59.000,9:59:59.000 this is a rather dry and dull report, 9:59:59.000,9:59:59.000 and you're absolutely right. 9:59:59.000,9:59:59.000 It's dry as a bone. 9:59:59.000,9:59:59.000 But this report is the foundation 9:59:59.000,9:59:59.000 of how, today, we judge the [br]success of countries. 9:59:59.000,9:59:59.000 What we know best as[br]Gross Domestic Product, 9:59:59.000,9:59:59.000 or GDP. 9:59:59.000,9:59:59.000 GDP has defined and shaped our lives 9:59:59.000,9:59:59.000 for the last 80 years. 9:59:59.000,9:59:59.000 And today I want to talk about [br] 9:59:59.000,9:59:59.000 a different way to measure[br]the success of countries.