Category: Sculpting

Ctrl, Alt, Edit/Snip

There is a great deal unsaid, deliberately, in this piece of writing but you don’t have to be a textual archeologist to unravel what is ‘hidden’. There are times when indirect means are more effective at reaching the ‘truth’ than direct means, as we intuitively know through the use of metaphor.

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GPI – Genuine Progress Indicator

In my earlier article on ‘The hegemony of GDP’, I discussed the need to go beyond GDP if we are serious about capturing the ‘true’ picture of an economy. We certainly cannot do away with GDP but we can and must make adjustments (both subtractions and additions) to it to reflect the true picture, which here simply means the long-term impact on the economy. The State of Vermont in the US has set an example in this endeavour.

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