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I agree with your comments, but was making a larger point, abour focusing only on qualified workers (the elite, or the upper classes, more or less widely defined) to determine the indicators that are supposed to reflect the general health of an economy.

And of course, price increases for qualified workers in emerging economies simply reflect that productive workers are rare and need to be paid increasingly expensively (to be attracted, or to be trained).

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Fri Mar 30th, 2007 at 08:56:12 AM EST
[ Parent ]
As well, the news reporting (in the US at least but elsewhere as well) ticks the Stock Market but not unemployment, pollution levels, debt levels (individual, business, government), etc ...

The indices for judging social performance are, overwhelmingly in terms of public discussion, misleading indicators of societal strength and resiliency.

Blogging regularly at Get Energy Smart. NOW!!!

by a siegel (siegeadATgmailIGNORETHISdotPLEASEcom) on Fri Mar 30th, 2007 at 09:57:16 AM EST
[ Parent ]

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