There was an interesting blog post over at the Telegraph by Geoffrey Lean over the weekend. He asked if GDP is “past its sell by date”, noting that “the EU is due to publish a paper which will conclude that GDP is too limited a measurement.”

I agree with the view that GDP doesn’t tell you the whole picture. I have written before about the obsession that the media and others have with what this or that will “cost the economy”. These stories normally come along with some kind of figure of the effect some trend or other will have on GDP.

GDP is quite a useful measurement in a lot of ways. As a barometer of how things are ticking along, it isn’t bad. When GDP rises steadily things are ticking along quite nicely. When it decreases people generally feel it. In truth, no-one needed to wait for the GDP figures to come round to work out that things were bad. But GDP does give us a vaguely useful way to quantify how things are going.

However, it omits a lot of useful information that might help us to measure our quality of life. Perhaps most strikingly of all, it takes very little account of leisure — surely the best part of life.

You can be fairly certain that the economy is producing more between 8am and 8pm than it is between 8pm and 8am. The economy goes into recession every night! But in which part of the day is your quality of life higher? The part where you’re slaving away in a stuffy office, or the part where you’re relaxing with a cold beer?

Enjoying yourself and relaxing, whether it’s having your nightly kip or spending an afternoon in the park, often means removing yourself from economic activity. This in turn leads to a reduction in GDP. That is “the cost to the economy”. This is despite the fact that sleeping and having a stroll in the park are both very valuable activities.

I am currently reading The Armchair Economist by Steven E. Landsburg (I’m only 15 years late to the party). This book points out that GDP is also unable to account for the value of housework. If you pay someone to do your dishes, the value is counted in GDP figures. If you do them yourself, GDP is unaffected. But in both cases you have a rack of clean dishes of equal value.

Geoffrey Lean also points out that GDP fails to take the environment into consideration. An economist would say you need to internalise the externalities. But the question is how? (Pigovian taxes are a nice idea.) Some extreme environmentalists go further and advocate zero growth, an idea rightly lambasted by Adopted Domain.

I guess it all depends on what you want an indicator to tell you. GDP has become the one everyone talks about as a proxy for our standard of living, but clearly has deficiencies in that it leaves out important elements that contribute to our standard of living.

Unemployment figures are a possible alternative. On one level, it can be said that unemployment is the main thing that worries people. Despite the often-made point that unemployment is a lagging indicator, for many it is the bottom line.

But this has many of the same problems as using GDP. We look forward to our weekends, our holidays, and ultimately our retirement. Not working is actually a good thing. Few people want to work. They only want the money they earn from working. That brings us right back to GDP.

In recent years there has been a bit of hype about happiness economics (which I have previously written about). This field likes to measure Gross National Happiness. But this too is fraught with difficulties, not least the fact that it relies on shaky survey data based on people’s varying interpretations of what “happiness” is.

Perhaps you could stop paying attention to aggregate statistics in general. On one level, what really concerns me is my own personal well-being. How much I earn, how much disposable income I have, whether I have a job and how happy I am all concern me greatly. I am less concerned about other people’s well-being.

But that’s not quite right either. Even though I, like most people, am primarily worried about myself, I do care about the general well-being of other people.

It looks like we have to make do with GDP as the main measure to be concerned with. However, it does seem that it is creaking a bit with old age. No doubt there will be plenty of criticisms of GDP to come in the future, particularly from environmentalists.

Beware of the alternatives people advocate though. They will probably all be biased one way or another. Any proposed new measurements will probably be put forward by some interest group trying to manipulate the terms of the debate in its favour. Were that scenario to arise, I would rate myself 3 out of 10 happy.

One thing that really stuck me about the leaflets from Ukip and the BNP for the recent European Parliamentary election was the fact that they were stuffed full of cheesy patriotic symbols — Union Flags, Spitfires, Winston Churchills and so on. Any electorate in the world will have a certain contingent who are enticed by nationalistic rhetoric at the expense of good policies.

In England, Ukip and the BNP have cornered this market pretty well, with the English Democrats also doing a good job of it. One thing that these three parties have in common — aside from their narrow nationalism — is the fact that they are all pretty vile.

Here in Scotland the nationalist vote is completely mopped up by the SNP. We all know that the SNP uses national symbols which appeal to base instincts which may entice certain types of voters. This gets up some people’s noses, including mine.

But the SNP have done a grand job by keeping a lid on the nastier side of nationalism. For this we can be thankful. All though there is, without a doubt, a nastier side to some of their supporters — as we have seen with the Cybernats — you won’t find these types of views coming from the mainstream of the party.

Indeed, the party is at pains to promote a progressive type of nationalism. They embrace civic nationalism. They reject ideas of Scottishness defined in terms of ethnicity. They avoid anti-English approaches. And we can be especially thankful that violent methods do not form part of the nationalist agenda in Scotland.

This is combined with progressive policies, including an enlightened approach to immigration and a positive agenda towards Europe. While in many other parts of the world nationalism may be equated with right-wing or fascist concepts, the SNP combine a nationalist ideology with a broadly centrist agenda.

Whatever the motives of the voters, the SNP’s form of nationalism is a great deal more tolerant — and tolerable — than the forms of nationalism we see from the likes of Ukip, the BNP, the French National Front, the Movement for a Better Hungary, or any number of extreme parties across the world.

Richard Thomson recently described the SNP as being part of “unquestionably the best behaved nationalist movement in the world”. Looking at the European election results and seeing where nationalist votes seem to go, it’s easy to agree with him.

A bit like the UK-wide result, but even more so, the result in Scotland was very static. In fact, in many ways, the outcome was totally predictable, and no seats changed hands.

But that doesn’t mean there weren’t any stories though. Indeed, it was historic because it is the first time the SNP have got the most votes in Scotland in a UK-wide election. And unlike the 2007 Scottish Parliamentary election, it wasn’t a narrow result either.

Indeed, the fact that Labour got the most votes in only three council areas underlines just how much Scotland has fallen out of love with Labour, something that seemed an impossibility just a few years ago. That bodes very well for the SNP in terms of future FPTP elections, which have always acted to keep SNP representation artificially low.

A couple of weeks ago I teased Jeff about recent opinion polls. In the rest of the UK — in a three-party system — Labour was well and truly in the doldrums, fighting for third in the high teens in opinion polls. But in Scotland’s four-party system, Labour were still a comfortable 2nd in the mid-20s.

In the end though, the SNP delivered a comprehensive drubbing to Labour in the European elections. The gap between the SNP and Labour is now over twice as large as the gap between Labour and the Conservatives. And that’s not as a result of how well the Conservatives are doing — their share of the vote went down.

While the UK-wide picture was largely about Labour losing votes and not much else, Scotland’s results were only partly about the Labour collapse. The SNP gained a lot more than Labour lost, so that can be seen as a sign that the Scottish voters are quite happy with the mid-term Scottish Government.

I’m tempted to suggest that the Lib Dems’ drop in support is partly due to the electorate’s perception of their performance in the Scottish Parliament. That would be me projecting my views on the entire electorate. I had gone off the Lib Dems a bit because of their poor performance in the Scottish Parliament, and it was only after investigating each of the parties that I realised they are probably the only party I could bring myself to vote for. If I hadn’t done that, I probably wouldn’t have voted.

The Greens didn’t come close to getting a Scottish seat, which must be massively disappointing for them. A near miss might have been tolerable, but according to the d’Hondt calculator I used, Scotland would have needed nine seats if the Greens were to take one.

Ukip suffered a noticeable dip in an already low level of support. Mind you, last time they were snapping at the Greens’ heels. This year they were far behind. They remain sixth, but are increasingly irrelevant in Scotland.

Meanwhile the BNP gained, but to a quite distant 7th. The BNP had just 2.5% of the vote, compared to a 6.2% share UK-wide. They were 9th in Scotland in 2004, so they have made a bit of a stride in Scotland. But they only gained around 8,000 extra votes. Much of the BNP’s advance can be attributed to the collapse of the SSP and the disappearance of Operation Christian Vote (which entered as part of the Christian People’s Alliance — a move that didn’t do them much good).

Scotland’s socialist titans continue their journey to obscurity. The SSP scraped together just 10,000 votes — six times fewer than the number of votes they got in 2004. Even the Socialist Labour Party, Arthur Scargill’s vanity project, got over twice as many votes as the SSP. The Socialist Labour Party didn’t even bother to enter the last European election. By beating the SSP so comfortably, they have certainly shown just how irrelevant the SSP have become. Those heady days when the SSP had six MSPs feels like so long ago now.

Tommy Sheridan threw his lot in with No2EU, which got even fewer votes. In fact, No2EU got even fewer votes than mystery man Duncan Robertson. That is no mean feat considering I had a struggle finding out anything about Mr Robertson at all prior to the election.

Right at the bottom of the heap was Jury Team, a candidate with which I sympathised a bit. Perhaps it goes to show that, despite the current crisis of confidence in mainstream politics, people still like the principle of party politics rather than taking a risk on an independent candidate.

The Europe-wide picture

The consensus seems to be that, Europe-wide, it was a good election for the centre-right. It certainly seems as though the governing centre-left parties have taken a bit of a battering, while voters seem content with centre-right governments.

Those of a socialist persuasion may well feel disgruntled. In the midst of an economic crisis which they say was caused by the excesses of capitalism, voters seem to have lost faith in socialist parties’ ability to deal with it. The far left also took a knock. On the other hand, the Green grouping is the one grouping (aside from non-aligned) to have increased its representation in the European Parliament.

Interestingly, despite the fact that apathy was the clear winner of the election across the EU, the main Eurosceptic grouping was almost totally wiped off the map, with the exception of Ukip. Perhaps domestic issues are the cause of this. But if 2004 was the breakthrough year for Eurosceptic parties (which led to the formation of the Independence / Democracy group), 2009 was the bump back to earth. As thing stand (and no doubt they will try to woo more MEPs on board), Ukip alone now account for almost two thirds of the grouping.

The main UK parties

The UK-only picture was rosier for Ukip, but only slightly. This year will be remembered for the fact that they finished 2nd ahead of Labour. But they would be deluding themselves if they believed this was because of a rise in support. Their increase in the share of the vote was a pretty titchy 0.3 percentage points. Indeed, they gained fewer votes than in 2004, and got just one extra MEP despite the huge collapse in trust of the major Westminster parties.

In a lot of ways, the UK picture as a whole is surprisingly static. Yes, there was a massive drop in support for Labour. But none of the major parties were in a position to capitalise, so everyone apart from Labour just shuffled up a bit. In the circumstances, the Conservatives ought to be pretty miffed that they lost votes and increased their vote share by just 1 percentage point. It doesn’t exactly look like a party with the momentum to take a Westminster landslide.

The Lib Dems, who arguably weren’t hurt nearly as much as Labour and the Tories by the expenses scandal, managed to reduce their share of the vote, which almost no other party did. Of course Labour’s share decreased. Plaid Cymru’s UK-wide share decreased, but their Wales-only share went up. The only other party to reduce its share of the vote was the Scottish Socialist Party, which has cemented its place in history by being consigned to it.

The BNP

The BNP made a different kind of history by winning two seats, which became the story of the election. It was probably inevitable that people would “blame” proportional representation for this. But the simple fact is that PR doesn’t vote fascists in — fascist voters do.

6.8% is not an inconsiderable share. Almost a million voters decided to put their cross next to the BNP on the ballot paper, and they didn’t do so by accident. Gerrymandering them out of existence will only exacerbate the problem.

That’s not to say that the closed party list system used for European Elections isn’t flawed, because it is — deeply so. But the corrupt First Past the Post system would only further increase the anger that people feel at being disenfranchised by the political system.

In a lot of ways, the BNP’s “success” is pretty unremarkable. In 2004 they were the sixth most successful party. This year, they were still the sixth most successful party. In the region where Nick Griffin won his seat, the North West, the BNP actually got fewer votes than in 2004.

The BNP only got seats because Labour’s collapse was so dramatic, and those former Labour votes went to a large variety of smaller parties. 11.3% of votes went to parties that weren’t among the top eight, compared to 8.3% that went to other parties in 2004 (and that was in the days of a relatively strong Respect party).

The BNP didn’t gain seats because they caught up with those in front. They gained seats because others joined the queue behind them. Despite still having five people in front of them, the BNP effectively moved closer to the front in relation to the entire queue — just because more people joined behind them.

Nonetheless, any attempts to ignore or belittle the BNP’s success, or to gerrymander it away, should be condemned. It is important to understand why people would come to vote for a fascist party, because that is the best way of defeating the ideology.

Luckily, YouGov have done a good job at finding out (more detail here). And — surprise surprise — it seems that BNP voters are mostly racist. That rather undermines the idea that people voted for the BNP just as a protest vote. With so many potential protest parties, why choose BNP? I guess they were at the top of many ballot papers, but that oughtn’t gain them so many votes. No, people vote for the BNP mostly because they are racists.

In difficult economic circumstances, people often turn to fascism. It is totally misguided to do so though. One potential plus side of the BNP gaining a couple of MEPs is the fact that the spotlight will now be shone on them, and people will see just how rotten their ideology is.

I will look at the Scottish results in a separate article

Well my week-long voyage of discovery has come to an end. In actual fact, I decided early this week which party I would vote for. I wasn’t sure whether I would actually go along to vote though.

In the end, I decided to go along to the polling station. I fancied a walk and a bit of fresh air. Besides, my parents dropped in to vote on the way to a meal at glamorous Wetherspoons, so I would have gone hungry if I didn’t go with them.

Having reached the polling station without being bumped off, and decided which party I preferred, the costs of voting seemed very small even considering the minuscule benefits. So I went in, queued behind my parents, and cast my vote.

When I first went in, the polling station seemed quite quiet — there was only one person casting her vote. But by the time I left, I had seen at least another four people come in. I was expecting it to be proper tumbleweed stuff, but it seemed steady, even if it was quite slow.

Plus, one of the other voters was someone I recognised as being in my year at school, which perhaps bodes well for the youth turnout. Though to be fair, it is probably more likely to be a totally meaningless coincidence.

Anyway, even if the European Parliamentary election is ostensibly not the most interesting, the week in politics leading up to it has been fascinating. For one thing, I have enjoyed getting stuck into the issues and the parties.

I haven’t really done this sort of blogging for a couple of years at least now, so it felt a bit unnatural. But it was worth experimenting, and it certainly increased my awareness of the salient issues leading into this election. This sharpening of the brain has always been one of my favourite aspects of blogging.

Then there has been this whole issue with the Labour government in Westminster disintegrating in front of the world’s eyes. It would have been perfectly normal for this all to have happened after the election. But for this to happen in the run-up to an election seems incredible. It is an amazing piece of self-flagellation, demonstrating a lack of discipline and self-control. Either that, or things simply became so bad within the government that this actually was the least worst option.

Now the internet is abuzz about what will happen at 2201, when the media can again report freely on politics. It’ll be fascinating to watch this situation unfold.

I have to say, even though I despise their policies, I feel kind of sorry for Labour candidates and activists who had to try and make something out of this mess today. They’ve really been shat on by Gordon Brown’s ineptitude and cabinet in-fighting that is completely beyond the control of the activists on the front line. Makes me glad I’m not a politico.

The other incredible story of the day has been the tale of Ukip voters’ frustration at… wait for it… being unable to unfold a ballot paper properly! Unbelievable. Shows you the class of person that Ukip attracts.

There is a valid point to be made about the order parties or candidates appear on the ballot paper. It’s well known that the SNP exploited the alphabetical system to good effect by temporarily renaming their party “Alex Salmond for First Minister” during the 2007 Scottish Parliamentary elections, a stunt that possibly explained a lot of the confusion that voters experienced.

In the twenty-first century, you would expect something a bit more sophisticated than alphabetical order. Surely it can’t be difficult to have the parties and candidates displayed in random order, printing an equal number of each iteration of the ballot paper? But with so many things wrong with the political system in this country that no-one in power seems bothered to fix, this is small beer and it’s no wonder this situation has been allowed to unfold.

Anyway, in the end I decided to vote for the Liberal Democrats. This isn’t really a huge surprise. I have voted for them (as my first choice) in every election since I got the vote. It is true that I have become a bit jaded with them recently, but in fairness that is mostly because of their so-so performance in the Scottish Parliament.

Ideologically, they are easily the party I’m closest to. In fact, they are probably more or less the only party I could bring myself to vote for. The deal was sealed when I read their election leaflet, and was impressed by the tone and the positive content about the Lib Dems’ role in Europe.

If I had a second choice, I may well have ended up casting it for Jury Team. Despite my general scepticism about the anti-party rhetoric, I like the main thrust of their message. I was also quite impressed by their number 1 candidate Alan Wallace, who has a blog where the message is quite measured. Today he also added me on Twitter and replied to one of my tweets, so I appreciated the effort to reach me.

Now I just have to wait and find out if I cast a pivotal vote that got the Lib Dems and extra seat. I somehow doubt it. And I have to wait until Sunday to find out. Gah. Just as well something interesting will probably happen tonight anyway then!