Measuring the Economy with a Broken Ruler | 27 comments (27 topical, editorial, 0 hidden)

This would be a good time (none / 1)

to go beyond GDP

See the recent diary by Melanchton FT: Is GDP the wrong indicator?

And earlier diaries:

LQD - James Speth (Yale University) on "happiness"
Beyond GDP - Day 2 (afternoon) Summary
Beyond GDP - Day 1 Summary
Minor Errors
Anyone attending "Beyond GDP"?
Measuring Progress (pt. 1)
Happiness and Economics
Regrettables
Socratic Economics I: Why GDP growth above all else?
Let's Ban the GDP

The most difficult problem, I think, is the level of entanglement between governments and large corporations. That's not just an issue of government spending priorities.

But maybe we are entering into a new era of possibility...

by nanne (zwaerdenmaecker@gmail.com) on Wed Feb 25th, 2009 at 02:01:06 PM EST

Re: This would be a good time (none / 1)

I found this site after I wrote the diary. Clifford Cobb has long been associated with ecological economist Herman Daly.

Their latest report on something they call genuine progress indicator:

http://www.rprogress.org/publications/2007/GPI%202006.pdf

Policies not Politics
---- Daily Landscape

by rdf (robert.feinman@gmail.com) on Wed Feb 25th, 2009 at 03:00:33 PM EST
[ Parent ]

Re: This would be a good time (4.00 / 2)

See also the following discussion threads (more even than the diaries themselves)

Socratic Economics IV: How is inflation calculated? by A swedish kind of death on October 11th, 2007.
Minor errors by Colman on November 15th, 2007.
Keynes and the monetarization of economics by Migeru on July 16th, 2006
Keynesian US? by afew on September 3rd, 2008

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith

by Carrie (migeru at eurotrib dot com) on Thu Feb 26th, 2009 at 09:00:58 AM EST
[ Parent ]

Re: This would be a good time (none / 0)

Whoops, I duplicated "minor errors".

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith

by Carrie (migeru at eurotrib dot com) on Thu Feb 26th, 2009 at 09:01:42 AM EST
[ Parent ]

Measuring the Economy with a Broken Ruler | 27 comments (27 topical, 0 editorial, 0 hidden)

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