We Should Be Measuring Well-Being Catalysis, Not (trying and largely failing to measure) Economic Productivity
Ben Goertzelbengoertzel.substack.com
Saved by sari
We Should Be Measuring Well-Being Catalysis, Not (trying and largely failing to measure) Economic Productivity
Saved by sari
Jim Highsmith is on target when he says, “Productivity measures in general make little sense in knowledge work.”13 Designing good software and infrastructure, solving business problems, and creating IT strategies are knowledge work.
In 1967, for example, a US business association launched a new measure called the Consumer Confidence Index, asking a nationally representative sample of the population on a regular basis to report their intention to spend more in the coming months than in those just past. It proved a powerful proxy indicator for GDP, and expressed the story – and
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