The economics of well-being

by Mark Anielski I have a dream: to design, build and enhance economies of well-being around the world. It is time for a complete overhaul of our national accounting systems that for over 60 years has measured progress too narrowly according to how much money changes hands as measured by the GDP (gross domestic product). I believe it is time to develop economies of well-being based on the known determinants of happiness and by measuring the things that contribute most to the well-being of human beings and nature. This new accounting system that measures the conditions of well-being must be … Continue reading The economics of well-being

The Tao of economics

by Geoff Davies In the tropical forests of Central America are great stone temples and monuments, remnants of the Mayan civilisation that collapsed over a thousand years ago.  We can never know exactly why the Mayan civilisation collapsed, but some of the main factors were probably shifting climate, over-exploitation of natural resources, warfare and internal rivalries.  However a telling observation is that the grandest temples were built just before the final collapse.  It is not uncommon that the grandest accomplishments of a past society came just before a precipitous decline.  This pattern indicates the society was busy, right to the … Continue reading The Tao of economics