Yeah, I think when you start trying to cram that much stuff into a single number it will end up misrepresenting reality.
People like the simplicity of single numbers for comparison, but it is about as sensible as describing a personality by a single number.
I think I would rather show the median value for a variety of variables. Not everything makes sense to turn into dollars. How do you turn health care into dollars? What you pay for it is not a true reflection of the quality.
US tends to look good when things are turned into dollars and a lot worse when real world metrics and outcomes are measured such as health, happiness, safety, stress, life expectancy, leisure time etc.
People like the simplicity of single numbers for comparison, but it is about as sensible as describing a personality by a single number.
I think I would rather show the median value for a variety of variables. Not everything makes sense to turn into dollars. How do you turn health care into dollars? What you pay for it is not a true reflection of the quality.
US tends to look good when things are turned into dollars and a lot worse when real world metrics and outcomes are measured such as health, happiness, safety, stress, life expectancy, leisure time etc.