GDP and productivity don’t measure what’s really going on in the economy—or in people’s lives. Jonathan Rowe on measuring what matters.
Testimony of Jonathan Rowe Co-director of the West Marin Commons Before the U.S. Senate Committee on Commerce, Science and Transportation Subcommittee on Interstate Commerce, Trade and Tourism March 12, 2008 […]
Gunnar Myrdal, the late Swedish economist, once noted the strange tendency of his profession to barricade itself against human reality. In true sciences, such as biochemistry and physics, hypotheses are […]
Measure for measure, GDP is the world’s hidden accounting scandal, the one that neither governments nor media will touch. Jonathan Rowe asks why we worship such a false idol.
Several months ago a professor at the University of North Carolina published findings that turned beliefs about the economy upside down. Health improves, he said, as the economy goes down. […]
Why “growth” isn’t always a good thing
Adam Smith said that the final measure of an economy is the well-being of the people. Yet this is the one question that the policy establishment never asks. The government […]
Why we need new measures of progress, why we do not have them, and how they would change the social and political landscape