Tuesday, September 28, 2010
Minnesota Auditor Candidate Proposes Adopting Genuine Progress Index
Now she's running for State Auditor. There was a piece of campaign literature at a co-op where I was delivering Barsy's Almonds. The piece said Annie's for:
* Life Cycle Cost Accounting
* More holistic economic indicators.
I had a hard time with how she put that last one -- although I knew right away what she's after, and approve wholeheartedly. I still haven't come up with a better bullet point. I can imagine some rube suggesting that Annie wants to print the GDP numbers on hemp paper, or arm wrestle over whether the economy's an Aries or a Sagittarius. That guy wasn't gonna vote for her anyway, but I'd like folks who might to know what holistic economic indicators might be.
Barbara suggested "least cost accounting," but I'm not sold.
The idea is that indices like Gross Domestic Product treat all economic activity the same. If a dollar changes hands over a loaf of bread, blasting the peak off a West Virginia mountain, or a nudie cutie ice cube tray, it registers the same. So a flattened United States where everybody sells pornographic novelties is humming along nicely.
What the candidate is proposing is rating the economy according to how people and our environment are doing. Read an overview at Annie's website, or go to http://www.gpiatlantic.org/gpi.htm to read about the Genuine Progress Index.