• Share
  • Email
  • Embed
  • Like
  • Save
  • Private Content
Beyond GDP Stewart-Wallis-nef-22feb-2012
 

Beyond GDP Stewart-Wallis-nef-22feb-2012

on

  • 919 views

A presentation by Mr Stewart Wallis, head of New Economic Foundation, held at a seminar with think tank Global Utmaning and the Swedish green party, February 22nd 2012.

A presentation by Mr Stewart Wallis, head of New Economic Foundation, held at a seminar with think tank Global Utmaning and the Swedish green party, February 22nd 2012.

Statistics

Views

Total Views
919
Views on SlideShare
919
Embed Views
0

Actions

Likes
0
Downloads
8
Comments
0

0 Embeds 0

No embeds

Accessibility

Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

    Beyond GDP Stewart-Wallis-nef-22feb-2012 Beyond GDP Stewart-Wallis-nef-22feb-2012 Presentation Transcript

    • Beyond GDP Need for a Great Transition Stewart Wallis Executive Director nef (the new economics foundation) Email: [email_address] Web: www.neweconomics.org
    • 4 ‘U’s of economics
      • Unsustainable
      • Unfair
      • Unstable
      • Unhappy
    • Myths and Half-Truths
      • Infinite growth
      • Markets are fair
      • Prices tell the truth
      • Salaries reflect value
      • More income equals more happiness
    • Goal of a good economy Achieve high well-being and social justice within fair ecological limits
    • Need for a Great Transition
    • Key Components
      • Measure the right things
      • Reform finance
      • Stay within environmental limits
      • Reduce inequality
      • Create Good Jobs
      • Move public policy and investment upstream/prevention
      • Reframe the role of markets and companies
      • 8. Rethink work (paid and unpaid) and productivity
      • Build strong local economies
      • Empower people to be economic citizens
      • Plus :
      • Values shift
      • Change economics
      • Local, National and International
    • “ What gets measured gets done”
    • The Gross National Product measures everything except that which makes life worthwhile.” Robert Kennedy 18th March 1968 “
    • Relying on GDP alone would be like driving a car only looking at the speedometer…
    • But other indicators are necessary to assess the success of a policy.
    • Goal of a good economy Achieve high well-being and social justice within fair ecological limits
    • Flourishing
        • Functioning well and experiencing good
        • feelings day-to-day and overall
    •  
    • Personal flourishing Connect... Be active... Take notice... Keep learning... Give...
      • Unemployment
      • Inequality
      • Instability
      • Environmental pollution
      • Social fragmentation
      • Well-being
      External conditions
    • UK Government measuring well-being as a headline indicator
      • National Accounts of Well-being
      • Measuring our progress
      • Office for National Statistics
      • Civil Service Commitment
      • Australia and other Governments
      • 10 years from now
    • To those who say that all this sounds like a distraction from the serious business of government, I would say that finding out what will really improve lives and acting on it is actually the serious business of government .” UK Prime Minister David Cameron, 2010 “
    • Implications for policy
      • Satisfaction with specific services – impact of ‘respect and dignity’
      • Calculations of utility, e.g. sport, green spaces
      • Income and wealth distribution
      • Informing life choices, e.g. higher education
      • Valuing opportunities for social interaction
      • Planning policy
      • Volunteering and reciprocity, e.g. complementary currencies, Time Banks
      • Parenting and schooling
      • Refining tax-benefits
      • Work location
      • Well-being at work
      • Changing central dynamic
    • Framework for measuring societal progress
    • Happy life years and ecological footprint for 143 countries USA
      • Rethinking productivity
      • Vision of a new economy
      Profound consequences for economics
    • STEWART WALLIS nef (the new economics foundation) www.neweconomics.org