Even if we can never quantify [satisfaction or happiness]... as precisely as we currently quantify GNP,... perhaps it is better to be vaguely right than precisely wrong.

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Source, in full

Herman E. Daly and Joshua Farley, in Ecological Economics: Principles and Applications. (2003), page 234. quoted in Beyond GDP Measuring progress, true wealth, and the well-being of nations, European Commission:Environment

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Quote text and notes from Wikiquote: Herman E. Daly (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.