4 ms·
"We should not measure Economic Productivity" isn't a great start. Increasing well-being is a laudable goal, but it's nebulous in concept and in specifics even
by engineer_22 4y ago
"We should not measure Economic Productivity" isn't a great start.
Increasing well-being is a laudable goal, but it's nebulous in concept and in specifics even more tricky. "Well being" belongs in the world of political or philisophical discourse, but as a basis for economic planning is probably not going to be useful.
But now that we mention politics, we already have proxies for measurement of well-being. In western democracies the people vote for the politicians (or policies) that they believe will increase their well-being. So the polls and vote tallies are one form of measurement. One of the government's roles, as policy maker, is to balance the needs of the people with the ability to provide those needs.
- giraffe_lady 4y agoThe first part of this just boils down to "it's hard" and the second is a pure fantasy description of how governments are maybe supposed to work but none ever has in precisely that way. These are both useful lines of reasoning in some conquests but I don't find them so in this one.
- ralph84 4y agoOnly a minority of the people living in the US are registered to vote. An even smaller minority actually vote. A vanishingly smaller minority decides who is on the ballot via campaign contributions. Not sure voting results are a proxy of anything for the majority of people.
- Slava_Propanei 4y ago[dead]
- ySocMedia 4y agoNumerous studies have spent 10s of millions trying to determine which leadership style and which technology made workers more economically productive. The result was always too many variables creating an impenetrable mess of logic with no practical value. The research was almost unproductive economic activity except it made the researchers realize we are terrible at macro level measure of anything but movement of literal things. Inferring numbers today from past economic truth is not intelligent guidance but biasing inequality into the system from past imperialism. A whole lot of our rich would not be without our government meddling. What I don’t need is government pissing off the world to normalize business conditions for aristocrats who don’t do real work of keeping themselves alive.