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Sunday 25 March 2012

Genuine Progress Index

Here is a really good short video to explain the concept of the Genuine Progress Index (or Indicator):


He's a very good orator, thank goodness - when there are good ideas that's what we need!  He speaks very well about why a GPI is important but I'm already converted ... I'm really keen to find out how it's calculated!

I'll check out the GPI Atlantic website soon.
Also worth checking out is the New Economics Foundation.

The UN is encouraging the update of progress indicators that focus on happiness as opposed to economic activity, this article the UN Embraces the Economics of Happiness shows they are quite serious about it, here's the intro: 

"Imagine, in short, a world where the metric that guides our decisions is not money, but happiness. That is the future that 650 political, academic, and civic leaders from around the world came together to promote on April 2, 2012. Encouraged by the government of Bhutan, the United Nations held a High Level Meeting for Wellbeing and Happiness: Defining a New Economic Paradigm. The meeting marks the launch of a global movement to shift our focus away from measuring and promoting economic growth as a goal in its own right, and toward the goal of measuring—and increasing—human happiness and quality of life."

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