TVA for TBL Part 2 of 2 version of 151231Peter Burgess
True Value Accounting (TVA) is a better metric for the modern global socio-enviro-economic system. It is an accounting system that incorporates impact of economic activity on people and planet as rigorously as conventional accounting accounts for business profit performance. When TVA is fully implemented it will be significantly more important for everyone who makes decisions to make better decisions from the most insignificant individuals who make up most of the world's people to the rich a powerful 'C' suite executives and powerful bankers, politicians and policy makers who control the levers of conventional power.
Part 1 has 3 sections:
1 ... INTRODUCTION AND CONTEXT
2 ... THERE ARE BETTER WAYS
3 ... SYSTEM OF MANY DIMENSIONS
Part 2 has 7 sections:
4 ... BETTER METRICS
5 ... MULTIPLE PERSPECTIVES
6 ... PEOPLE
7 ... NATURE
8 ... PLACE
9 ... ORGANIZATION
10 ... PRODUCT
MDIA p3 FINANCIAL CAPITAL - 150420 - 160606Peter Burgess
MDIA ... Multi Dimension Impact Accounting ... takes into consideration the impact of everything, not just money. MDIA helps to change the decision dynamic so that social and environmental impact is taken into consideration as well as the impact on profit and financial capital. Stakeholders are increasingly aware of the negative externalities that are associated the creation of financial wealth and investors will be well advised to take note.
TVA p3 00 TRUE VALUE ACCOUNTING for Triple Bottom Line reportingPeter Burgess
TRUE VALUE ACCOUNTING (TVA) is designed to make reporting of TRIPLE BOTTOM LINE performance easier, less costly and more effective. TVA is based on key concepts from conventional double entry accounting, but expands the methodology so that it embraces externalities as rigorously as regular money transactions.
True Value Accounting for Multi Dimension Management is an initiative to make it possible to use better metrics so that we have better outcomes for both people and the environment. The initiative is built on top of the methods traditionally associated with conventional double entry accountancy, but applied to everything that makes up the complex ubiquitous socio-enviro-economic system. We have amazing possibilities, but as long as money and greed are the dominant incentive with nothing else of importance being measured, it should be no surprise that the world is suffering from an accelerating race to the bottom. This can be changed, and one of the tools for this should be better metrics along the lines being described by TrueValueMetrics.org. Peter Drucker famously said: 'You manage what you measure', but it is also important to measure the things that matter.
TVA p3 The GLOBAL SOCIO ENVIRO ECONOMIC SystemPeter Burgess
The Global SOCIO-ENVIRO-ECONOMIC System is a very complex system and a significant challenge to manage in an effective way. While there has been progress in improving quality of life for many people using the metrics of money, the system leaves many behind. Worse, a system that only has focus on money economics means that progress is achieved at the expense of some segments of society and at a huge cost to the environment , neither of which are part of the dominant money metrics framework. True Value Accounting brings people (society) and planet (environment) into the accounting and accountability in a way that is as rigorous for these elements as it is for money.
TVA for TBL Part 2 of 2 version of 151231Peter Burgess
True Value Accounting (TVA) is a better metric for the modern global socio-enviro-economic system. It is an accounting system that incorporates impact of economic activity on people and planet as rigorously as conventional accounting accounts for business profit performance. When TVA is fully implemented it will be significantly more important for everyone who makes decisions to make better decisions from the most insignificant individuals who make up most of the world's people to the rich a powerful 'C' suite executives and powerful bankers, politicians and policy makers who control the levers of conventional power.
Part 1 has 3 sections:
1 ... INTRODUCTION AND CONTEXT
2 ... THERE ARE BETTER WAYS
3 ... SYSTEM OF MANY DIMENSIONS
Part 2 has 7 sections:
4 ... BETTER METRICS
5 ... MULTIPLE PERSPECTIVES
6 ... PEOPLE
7 ... NATURE
8 ... PLACE
9 ... ORGANIZATION
10 ... PRODUCT
MDIA p3 FINANCIAL CAPITAL - 150420 - 160606Peter Burgess
MDIA ... Multi Dimension Impact Accounting ... takes into consideration the impact of everything, not just money. MDIA helps to change the decision dynamic so that social and environmental impact is taken into consideration as well as the impact on profit and financial capital. Stakeholders are increasingly aware of the negative externalities that are associated the creation of financial wealth and investors will be well advised to take note.
TVA p3 00 TRUE VALUE ACCOUNTING for Triple Bottom Line reportingPeter Burgess
TRUE VALUE ACCOUNTING (TVA) is designed to make reporting of TRIPLE BOTTOM LINE performance easier, less costly and more effective. TVA is based on key concepts from conventional double entry accounting, but expands the methodology so that it embraces externalities as rigorously as regular money transactions.
True Value Accounting for Multi Dimension Management is an initiative to make it possible to use better metrics so that we have better outcomes for both people and the environment. The initiative is built on top of the methods traditionally associated with conventional double entry accountancy, but applied to everything that makes up the complex ubiquitous socio-enviro-economic system. We have amazing possibilities, but as long as money and greed are the dominant incentive with nothing else of importance being measured, it should be no surprise that the world is suffering from an accelerating race to the bottom. This can be changed, and one of the tools for this should be better metrics along the lines being described by TrueValueMetrics.org. Peter Drucker famously said: 'You manage what you measure', but it is also important to measure the things that matter.
TVA p3 The GLOBAL SOCIO ENVIRO ECONOMIC SystemPeter Burgess
The Global SOCIO-ENVIRO-ECONOMIC System is a very complex system and a significant challenge to manage in an effective way. While there has been progress in improving quality of life for many people using the metrics of money, the system leaves many behind. Worse, a system that only has focus on money economics means that progress is achieved at the expense of some segments of society and at a huge cost to the environment , neither of which are part of the dominant money metrics framework. True Value Accounting brings people (society) and planet (environment) into the accounting and accountability in a way that is as rigorous for these elements as it is for money.
There's more to understanding future performance than producing point forecasts of rents and yields. What has the market learnt from the previous cycle and how will the future cycle evolve?
SIZE MATTERS 4 ... PERSPECTIVES
A workshop at MIT to link mathematics with the realities of a very complex global integrated socio-enviro-economic system that has been very badly served by money as a metric and a dangerously simplified financial system.
TVA p301 CORE CONCEPTS for TRUE VALUE ACCOUNTING Peter Burgess
True Value Accounting is based on CORE CONCEPTS from conventional money profit double entry accounting as well as from engineering thermodynamics, control theory and various scientific disciplines. Double entry accounting provides a powerful framework to account for impact on society (people) and environment (planet) as well as for the conventional money profit dimension of economics. When we start to number important things like quality of life and degradation of the environment as rigorously as we number everything that is in the money profit space, there will be significantly better performance and we will start to optimize for everything in the socio-enviro-economic system
TVA p3-01 CORE CONCEPTS for TRUE VALUE ACCOUNTINGPeter Burgess
True Value Accounting is based on CORE CONCEPTS from conventional money profit double entry accounting as well as from engineering thermodynamics, control theory and various scientific disciplines. Double entry accounting provides a powerful framework to account for impact on society (people) and environment (planet) as well as for the conventional money profit dimension of economics. When we start to number important things like quality of life and degradation of the environment as rigorously as we number everything that is in the money profit space, there will be significantly better performance and we will start to optimize for everything in the soci-enviro-economic system
This file explains the sole causes but also the sole great solutions for the economic crisis. What is needed, is MORE money. Which can be reached in SIMPLE ways by means of my innovation for our money systems, mentioned and explained in my draft book being uploaded at www.scribd.com/wberendsen. It is the lowest file uploaded there.
It is short presentation to explain velocity of money in Nigeria context and also suggest the immediate approaches to increase velocity and by implication enhance economic growth
TVA p3 00 True Value Accounting for better Triple Bottom Line managementPeter Burgess
The Triple Bottom Line ... PEOPLE, PLANET and PROFIT ... is being talked about more and more, but the system of metrics used in to manage corporate performance remains based on conventional money profit double entry accountancy. This works very well for corporate profit performance and the money dimension of the socio-enviro-economic system, but totally ignores the important everything to do with the prosperity of people, the health of the society and the sustainability of the natural systems. True Value Accounting is designed to be as rigorous about impact on people / society and impact on environment / nature / planet as conventional accounting is rigorous about money transactions and profit.
Macroeconomics is the branch of economics that deals with the structure, performance, behavior, and decision-making of the whole, or aggregate, economy. The two main areas of macroeconomic research are long-term economic growth and shorter-term business cycles.
TVA p3 01-WHAT IS TRUE VALUE ACCOUNTING? Peter Burgess
True Value Accounting (TVA) is a data architecture and framework for better metrics that will make it easier and less costly to include IMPACT on SOCIETY (PEOPLE) and IMPACT on ENVIRONMENT (PLANET) into integrated reporting in a way that is as rigorous as what is used in conventional double entry financial accounting for PROFIT and the WEALTH of OWNERS. When there is a logical framework, then it becomes much easier to have coherent and meaningful integrated reporting.
TVA ... True Value Accounting is a method of accounting that embraces everything that matters, and part of this is the ability to look at data from all perspectives. The data refers to a 'fact' but this fact has different ramifications depending on where the observer is situated. A high salary is good for the individual but bad for profit. High efficiency pollution controls are good for the environment but bad for profit. The same data suggests different priorities depending on the goals of the observer. Optimizing performance in a system that is complex is not easy, but taking into consideration the impact of each and every actor in the system will help.
Some thoughts on economic activity and predictions farooq 2019 2Farooq Omar
An overview of challenges facing Pakistan after the 2018 elections. predominately the state of affairs of decline economic activity, it root causes and why? An excellent brief of overlooked critical areas which might have a negative affect and obstacles in achieving the objectives. A short but an eye opener for the fiscal economist. Do's and dont's. A birds eye view.
TVA p3 01 The Global SOCIO ENVIRO ECONOMIC SystemPeter Burgess
The Global SOCIO-ENVIRO-ECONOMIC System is a complex system and a significant challenge to manage in an appropriate way. While there has been progress in improving quality of life for some people using the metrics of money, it has been done at the expense of some segments of society and at a huge cost to the environment , neither of which are part of the money metrics framework.
TVA WHAT IS TVA? THE FRAMEWORK WE NEED FOR BETTER METRICSPeter Burgess
TVA is a data architecture and framework for better metrics that will make it easier and less costly to include IMPACT on SOCIETY (PEOPLE) and IMPACT on ENVIRONMENT (PLANET) into integrated reporting in a way that is as rigorous as what is used in conventional double entry financial accounting for PROFIT and the WEALTH of OWNERS. When there is a logical framework, then it becomes much easier to have coherent and meaningful reporting.
TVA-PRESENTATION-DRAFT-B ... This is a working draft of a presentation being prepared to promote the True Value Accounting initiative. This version will most likely change substantially before it is used.
TVA-PRESENTATION-DRAFT-B ... This is a working draft of a presentation being prepared to promote the True Value Accounting initiative. This version will most likely change substantially before it is used.
TVA-PRESENTATION-DRAFT-D ... This is a working draft of a presentation being prepared to promote the True Value Accounting initiative. This version will most likely change substantially before it is used.
True Value Accounting for Multi Dimension Management is an initiative to make it possible to use better metrics so that we have better outcomes for both people and the environment. The initiative is built on top of the methods traditionally associated with conventional double entry accountancy, but applied to everything that makes up the complex ubiquitous socio-enviro-economic system. We have amazing possibilities, but as long as money and greed are the dominant incentive with nothing else of importance being measured, it should be no surprise that the world is suffering from an accelerating race to the bottom. This can be changed, and one of the tools for this should be better metrics along the lines being described by TrueValueMetrics.org. Peter Drucker famously said: 'You manage what you measure', but it is also important to measure the things that matter.
There's more to understanding future performance than producing point forecasts of rents and yields. What has the market learnt from the previous cycle and how will the future cycle evolve?
SIZE MATTERS 4 ... PERSPECTIVES
A workshop at MIT to link mathematics with the realities of a very complex global integrated socio-enviro-economic system that has been very badly served by money as a metric and a dangerously simplified financial system.
TVA p301 CORE CONCEPTS for TRUE VALUE ACCOUNTING Peter Burgess
True Value Accounting is based on CORE CONCEPTS from conventional money profit double entry accounting as well as from engineering thermodynamics, control theory and various scientific disciplines. Double entry accounting provides a powerful framework to account for impact on society (people) and environment (planet) as well as for the conventional money profit dimension of economics. When we start to number important things like quality of life and degradation of the environment as rigorously as we number everything that is in the money profit space, there will be significantly better performance and we will start to optimize for everything in the socio-enviro-economic system
TVA p3-01 CORE CONCEPTS for TRUE VALUE ACCOUNTINGPeter Burgess
True Value Accounting is based on CORE CONCEPTS from conventional money profit double entry accounting as well as from engineering thermodynamics, control theory and various scientific disciplines. Double entry accounting provides a powerful framework to account for impact on society (people) and environment (planet) as well as for the conventional money profit dimension of economics. When we start to number important things like quality of life and degradation of the environment as rigorously as we number everything that is in the money profit space, there will be significantly better performance and we will start to optimize for everything in the soci-enviro-economic system
This file explains the sole causes but also the sole great solutions for the economic crisis. What is needed, is MORE money. Which can be reached in SIMPLE ways by means of my innovation for our money systems, mentioned and explained in my draft book being uploaded at www.scribd.com/wberendsen. It is the lowest file uploaded there.
It is short presentation to explain velocity of money in Nigeria context and also suggest the immediate approaches to increase velocity and by implication enhance economic growth
TVA p3 00 True Value Accounting for better Triple Bottom Line managementPeter Burgess
The Triple Bottom Line ... PEOPLE, PLANET and PROFIT ... is being talked about more and more, but the system of metrics used in to manage corporate performance remains based on conventional money profit double entry accountancy. This works very well for corporate profit performance and the money dimension of the socio-enviro-economic system, but totally ignores the important everything to do with the prosperity of people, the health of the society and the sustainability of the natural systems. True Value Accounting is designed to be as rigorous about impact on people / society and impact on environment / nature / planet as conventional accounting is rigorous about money transactions and profit.
Macroeconomics is the branch of economics that deals with the structure, performance, behavior, and decision-making of the whole, or aggregate, economy. The two main areas of macroeconomic research are long-term economic growth and shorter-term business cycles.
TVA p3 01-WHAT IS TRUE VALUE ACCOUNTING? Peter Burgess
True Value Accounting (TVA) is a data architecture and framework for better metrics that will make it easier and less costly to include IMPACT on SOCIETY (PEOPLE) and IMPACT on ENVIRONMENT (PLANET) into integrated reporting in a way that is as rigorous as what is used in conventional double entry financial accounting for PROFIT and the WEALTH of OWNERS. When there is a logical framework, then it becomes much easier to have coherent and meaningful integrated reporting.
TVA ... True Value Accounting is a method of accounting that embraces everything that matters, and part of this is the ability to look at data from all perspectives. The data refers to a 'fact' but this fact has different ramifications depending on where the observer is situated. A high salary is good for the individual but bad for profit. High efficiency pollution controls are good for the environment but bad for profit. The same data suggests different priorities depending on the goals of the observer. Optimizing performance in a system that is complex is not easy, but taking into consideration the impact of each and every actor in the system will help.
Some thoughts on economic activity and predictions farooq 2019 2Farooq Omar
An overview of challenges facing Pakistan after the 2018 elections. predominately the state of affairs of decline economic activity, it root causes and why? An excellent brief of overlooked critical areas which might have a negative affect and obstacles in achieving the objectives. A short but an eye opener for the fiscal economist. Do's and dont's. A birds eye view.
TVA p3 01 The Global SOCIO ENVIRO ECONOMIC SystemPeter Burgess
The Global SOCIO-ENVIRO-ECONOMIC System is a complex system and a significant challenge to manage in an appropriate way. While there has been progress in improving quality of life for some people using the metrics of money, it has been done at the expense of some segments of society and at a huge cost to the environment , neither of which are part of the money metrics framework.
TVA WHAT IS TVA? THE FRAMEWORK WE NEED FOR BETTER METRICSPeter Burgess
TVA is a data architecture and framework for better metrics that will make it easier and less costly to include IMPACT on SOCIETY (PEOPLE) and IMPACT on ENVIRONMENT (PLANET) into integrated reporting in a way that is as rigorous as what is used in conventional double entry financial accounting for PROFIT and the WEALTH of OWNERS. When there is a logical framework, then it becomes much easier to have coherent and meaningful reporting.
TVA-PRESENTATION-DRAFT-B ... This is a working draft of a presentation being prepared to promote the True Value Accounting initiative. This version will most likely change substantially before it is used.
TVA-PRESENTATION-DRAFT-B ... This is a working draft of a presentation being prepared to promote the True Value Accounting initiative. This version will most likely change substantially before it is used.
TVA-PRESENTATION-DRAFT-D ... This is a working draft of a presentation being prepared to promote the True Value Accounting initiative. This version will most likely change substantially before it is used.
True Value Accounting for Multi Dimension Management is an initiative to make it possible to use better metrics so that we have better outcomes for both people and the environment. The initiative is built on top of the methods traditionally associated with conventional double entry accountancy, but applied to everything that makes up the complex ubiquitous socio-enviro-economic system. We have amazing possibilities, but as long as money and greed are the dominant incentive with nothing else of importance being measured, it should be no surprise that the world is suffering from an accelerating race to the bottom. This can be changed, and one of the tools for this should be better metrics along the lines being described by TrueValueMetrics.org. Peter Drucker famously said: 'You manage what you measure', but it is also important to measure the things that matter.
True Value Accounting for Multi Dimension Management is an initiative to make it possible to use better metrics so that we have better outcomes for both people and the environment. The initiative is built on top of the methods traditionally associated with conventional double entry accountancy, but applied to everything that makes up the complex ubiquitous socio-enviro-economic system. We have amazing possibilities, but as long as money and greed are the dominant incentive with nothing else of importance being measured, it should be no surprise that the world is suffering from an accelerating race to the bottom. This can be changed, and one of the tools for this should be better metrics along the lines being described by TrueValueMetrics.org. Peter Drucker famously said: 'You manage what you measure', but it is also important to measure the things that matter.
True Value Accounting for Multi Dimension Management is an initiative to make it possible to use better metrics so that we have better outcomes for both people and the environment. The initiative is built on top of the methods traditionally associated with conventional double entry accountancy, but applied to everything that makes up the complex ubiquitous socio-enviro-economic system. We have amazing possibilities, but as long as money and greed are the dominant incentive with nothing else of importance being measured, it should be no surprise that the world is suffering from an accelerating race to the bottom. This can be changed, and one of the tools for this should be better metrics along the lines being described by TrueValueMetrics.org. Peter Drucker famously said: 'You manage what you measure', but it is also important to measure the things that matter.
True Value Accounting for Multi Dimension Management is an initiative to make it possible to use better metrics so that we have better outcomes for both people and the environment. The initiative is built on top of the methods traditionally associated with conventional double entry accountancy, but applied to everything that makes up the complex ubiquitous socio-enviro-economic system. We have amazing possibilities, but as long as money and greed are the dominant incentive with nothing else of importance being measured, it should be no surprise that the world is suffering from an accelerating race to the bottom. This can be changed, and one of the tools for this should be better metrics along the lines being described by TrueValueMetrics.org. Peter Drucker famously said: 'You manage what you measure', but it is also important to measure the things that matter.
TVA-PRESENTATION-DRAFT-A ... This is a working draft of a presentation being prepared to promote the True Value Accounting initiative. This version will most likely change substantially before it is used.
SIZE MATTERS 1 ... OVERVIEW
A workshop at MIT to link mathematics with the realities of a very complex global integrated socio-enviro-economic system that has been very badly served by money as a metric and a dangerously simplified financial system.
Growth is perhaps the most important metric in the modern economy, but it is a very bad measure of economic and social performance for many reasons. More does not mean better. Quality has value as well as quantity. In a shortage environment more does mean better, but that does not hold when there are endemic surpluses. A more does not mean better when there are constraints such as those that are posed by environmental issues. The system is complex and better metrics are needed in order to get the best possible results.
True Value Accounting for Multi Dimension Management is an initiative to make it possible to use better metrics so that we have better outcomes for both people and the environment. The initiative is built on top of the methods traditionally associated with conventional double entry accountancy, but applied to everything that makes up the complex ubiquitous socio-enviro-economic system. We have amazing possibilities, but as long as money and greed are the dominant incentive with nothing else of importance being measured, it should be no surprise that the world is suffering from an accelerating race to the bottom. This can be changed, and one of the tools for this should be better metrics along the lines being described by TrueValueMetrics.org. Peter Drucker famously said: 'You manage what you measure', but it is also important to measure the things that matter.
WHY, HOW, WHAT for TrueValueMetrics and True Value Accounting (TVA) summarizes the journey that is resulting in the development of this metrics system. Peter Drucker famously said, you manage what you measure, but it is also critical to measure the right things and do it in the right way. The best management information is quick, low cost, and good enough to get good decision made most of the time.
True Value Accounting for Multi Dimension Management is an initiative to make it possible to use better metrics so that we have better outcomes for both people and the environment. The initiative is built on top of the methods traditionally associated with conventional double entry accountancy, but applied to everything that makes up the complex ubiquitous socio-enviro-economic system. We have amazing possibilities, but as long as money and greed are the dominant incentive with nothing else of importance being measured, it should be no surprise that the world is suffering from an accelerating race to the bottom. This can be changed, and one of the tools for this should be better metrics along the lines being described by TrueValueMetrics.org. Peter Drucker famously said: 'You manage what you measure', but it is also important to measure the things that matter.
TVA-PRESENTATION-DRAFT-B ... This is a working draft of a presentation being prepared to promote the True Value Accounting initiative. This version will most likely change substantially before it is used.
TVA for TBL Part 1 of 2 version of 151231Peter Burgess
True Value Accounting (TVA) is a better metric for the modern global socio-enviro-economic system. It is an accounting system that incorporates impact of economic activity on people and planet as rigorously as conventional accounting accounts for business profit performance. When TVA is fully implemented it will be significantly more important for everyone who makes decisions to make better decisions from the most insignificant individuals who make up most of the world's people to the rich a powerful 'C' suite executives and powerful bankers, politicians and policy makers who control the levers of conventional power.
Part 1 has 3 sections:
1 ... INTRODUCTION AND CONTEXT
2 ... THERE ARE BETTER WAYS
3 ... SYSTEM OF MANY DIMENSIONS
Part 2 has 7 sections:
4 ... BETTER METRICS
5 ... MULTIPLE PERSPECTIVES
6 ... PEOPLE
7 ... NATURE
8 ... PLACE
9 ... ORGANIZATION
10 ... PRODUCT
Money is the dominant metric in the modern economy. Many important things are valued using the money measure, even though money is a dangerously flawed metric. Something better is needed in ofrder for the socio-enviro-economic system we inhabit to be successful and sustainable. Money should be complemented by other metrics that are better for people and planet.
ECONOMIC PERFORMANCE 1970s to PRESENT has been very good for owners but much less good for those who work for a living. It is not at all clear yet that those in leadership positions and those with power understand that this trajectory is completely unsustainable and is creating a number of existential threats that are growing with time. True Value Accounting is being designed so that the system of metrics will be able to get to grips with everything that needs to be done to make the world a better place
Is policy making measuring up: Rethinking how we measure the success of a nation explores how global demands have changed the way we think and measure success and what the results really mean.
Risk is not treated in a realistic manner in conventional accountancy and financial analysis. The idea that risk may be accounted for simply by multiplying the potential cost of the risk by the probability of this risk happening in a specific time period is insufficient, and does not enable policy makers to make informed decisions. Something better is needed.
I am going to describe the influence that contrasting economic environments have on the activities that a business carries out. I will explain the different types of economy, economic indicators, what the government can do to change the economy Including the Fiscal and Monetary Policy. I will explain what these terms mean and give examples. I will compare the difference between the economies of China with the economy of Britain. I will explain the economic cycle, state of demand, level of inflation, CPI of the countries, the GDP and the changes in condition of supply. I will then compare the information and the operations. Finally I will explain what the most important factor is when operating.
5 Tips for Creating Standard Financial ReportsEasyReports
Well-crafted financial reports serve as vital tools for decision-making and transparency within an organization. By following the undermentioned tips, you can create standardized financial reports that effectively communicate your company's financial health and performance to stakeholders.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
Yes of course, you can easily start mining pi network coin today and sell to legit pi vendors in the United States.
Here the telegram contact of my personal vendor.
@Pi_vendor_247
#pi network #pi coins #legit #passive income
#US
BONKMILLON Unleashes Its Bonkers Potential on Solana.pdfcoingabbar
Introducing BONKMILLON - The Most Bonkers Meme Coin Yet
Let's be real for a second – the world of meme coins can feel like a bit of a circus at times. Every other day, there's a new token promising to take you "to the moon" or offering some groundbreaking utility that'll change the game forever. But how many of them actually deliver on that hype?
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
2. CONTEXT
This slideset is a Work-in-Progress
and will be updated from time to time.
It is part of a series that aims to
enable better metrics for the complex
socio-enviro-economic system that
we all live in. Metrics are powerful,
but they must be the right metrics.
TRUE VALUE ACCOUNTING
5. Money is a powerful metric in a simple society but
is not so good for the complex modern world.
Using a money and a market mechanism as the
only significant measure of the progress and
performance of a complex system is bound to be
a failure.
TRUE VALUE ACCOUNTING
7. Poor performance of the overall system has been
aggravated by measures like Gross Domestic
Product (GDP) at the macro level. GDP was
introduced in the 1930s to help understand the
Great Depression and subsequently the economic
impact of war and post-war demobilization.
TRUE VALUE ACCOUNTING
8. The weaknesses of GDP as an economic measure
have been recognized for over fifty years. Kuznets
himself … the creator of the GDP measure in the
USA argued for a better measure and Robert
Kennedy described some of its weaknesses in a
famous speech at the University of Kansas on
March 18, 1968.
TRUE VALUE ACCOUNTING
9. "Too much and for too long, we seemed to have surrendered personal excellence
and community values in the mere accumulation of material things. Our Gross
National Product, now, is over $800 billion dollars a year, but that Gross National
Product - if we judge the United States of America by that - that Gross National
Product counts air pollution and cigarette advertising, and ambulances to clear
our highways of carnage. It counts special locks for our doors and the jails for the
people who break them. It counts the destruction of the redwood and the loss of
our natural wonder in chaotic sprawl. It counts napalm and counts nuclear
warheads and armored cars for the police to fight the riots in our cities. It counts
Whitman's rifle and Speck's knife, and the television programs which glorify
violence in order to sell toys to our children. Yet the gross national product does
not allow for the health of our children, the quality of their education or the joy of
their play. It does not include the beauty of our poetry or the strength of our
marriages, the intelligence of our public debate or the integrity of our public
officials. It measures neither our wit nor our courage, neither our wisdom nor our
learning, neither our compassion nor our devotion to our country, it measures
everything in short, except that which makes life worthwhile. And it can tell us
everything about America except why we are proud that we are Americans."
TRUE VALUE ACCOUNTING
10. GDP only measures economic flows, but it is used
as a proxy for the state of the economy, assuming
in a very crude way that the more the GDP, the
better the economy and the better for people. In
reality, this correlation is very weak … but
paradoxically, the bigger the GDP the easier it is
for the performance of business to look good. More
there is of GDP growth, the easier it is to have
corporate profit growth and higher stock prices.
TRUE VALUE ACCOUNTING
12. Accounting for the 21st Century
Accounting for the 21st Century must include
metrics that are relate to the environment, society,
and the total economy rather than merely being
for the organization. This is accounting for every
part of this amazing and complex system that is
the environment, the society and the economy.
TRUE VALUE ACCOUNTING
13. True Value Accounting (TVA) addresses these
problems. The goal is for TVA to be easy to use
and expand the capabilities of conventional
accounting so that the impact of economic activity
on everything … like impact on people, and
impact on the environment … to be brought into
account.
TRUE VALUE ACCOUNTING
14. Conventional accounting has a focus on the single
dimension of money, while TVA accounts for not
only money transactions, but also the impact of
economic activity on everything else. TVA will
enable analysis that embraces not only the impact
profit has on financial capital, but how economic
activity impacts everything.
TRUE VALUE ACCOUNTING
15. TVA aims to be a tool that can be used in many
different situations. The same data and data
architecture works for a person, for a product, for
a place and for the profit and impact of an
economic activity or an organization.
The logic is relatively simple … but as usual, the
devil is in the detail.
TRUE VALUE ACCOUNTING
16. Quantification … Measures Beyond Money
MDIA will incorporate multiple units of measure …
and use standard values for the accounting.
Standard values are something like standard
costs in cost accounting.
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17. Money had its origins in being a measure of the
price in an economic transaction. It facilitated
trade and was very much more efficient than
barter. How money became a store of value is a
long story, and how money became a key
component in money wealth creation an even
longer story.
TRUE VALUE ACCOUNTING
18. Money has its uses, but it is a very poor unit of
measure for almost everything that is important in
the world we live in. The size of a money unit has
no definition at all … it is determined by a market
that is also impossible to describe and replete with
'invisible hands' that may or may not control
everything.
TRUE VALUE ACCOUNTING
19. The value of a product … goods or service … is
not the amount that it can be bought or sold for.
That is a price. The value is what a product
contributes … to a person directly and to society
in general and also taking into account the impact
there is on natural capital. What this means is that
there is a need for several units of measure and
related quantification along the following lines.
TRUE VALUE ACCOUNTING
22. Money
Money is an important metric … but seriously
flawed in many ways.
It is too entrenched to be changed very much in
the short run … but it must be complemented with
other units of measure (UOM).
TRUE VALUE ACCOUNTING
23. UOM for Life and Quality of Life
A key characteristic of this UOM must be that a
life has value no matter who the person is.
It is too entrenched to be changed very much in
the short run … but it must be complemented
with other units of measure (UOM).
TRUE VALUE ACCOUNTING
25. Quantification of Man Built Capital
Quantification of Financial Capital – Money Units
The money measure needs to be better
understood. It is common to use a reference
currency like the US dollar, but local currency also
matters, and there may be funding currency as
well. Besides the US$, other reference currencies
might be the Euro, Japanese Yen or Chinese
Yuan
TRUE VALUE ACCOUNTING
26. Quantification of Man Built Capital
Quantification of Physical Capital – Money Units
Physical capital includes products, the goods and
services needed for people to have a decent
quality of life, it includes buildings and
infrastructure. Physical capital needs to measured
both in static and in dynamic terms, and in terms
of money units and in terms of various impact
units. Of special note are products that flow
through the enviro-socio-economic system
delivering impact in the form of quality of life and
impact on everything else as they go through the
life cycle.
TRUE VALUE ACCOUNTING
27. Quantification of Man Built Capital
Quantification of Institutional Capital
Institution capital has impact. There are money
costs to support institutional capital and impact
costs when institutional capital is inadequate.
There is both a static and a dynamic dimension.
TRUE VALUE ACCOUNTING
28. Quantification of Man Built Capital
Quantification of Knowledge Capital
Knowledge capital is the enabler of a high
performance socio-enviro-economic system.
Knowledge may be thought to behave somewhat
like energy ... potential energy, kinetic energy,
heat energy and so on. Knowledge has money
costs to support research and all sorts of impacts
when knowledge is used, bot good and bad.
There is both a static and a dynamic dimension.
TRUE VALUE ACCOUNTING
29. Quantification of Man Built Capital
Quantification of Social Capital
Social capital is the group version of individual human
capital. Social capital has impact on individual human
capital and individual human capital has impact on social
capital. There is both a static and a dynamic dimension.
TRUE VALUE ACCOUNTING
30. CONCLUDING THOUGHT
Many initiatives are going forward to improve
acccess to key data. True Value Accounting (TVA)
complements many of these initiatives. More detail
about TVA are available on the website:
TrueValueMetrics website.
TRUE VALUE ACCOUNTING
31. END OF PART 5
5. BETTER MEASURES
TRUE VALUE ACCOUNTING
32. LINKS
1. INTRODUCTION AND CONTEXT
2. SYSTEM OF MANY DIMENSIONS
3. MULTIPLE PERSPECTIVES
4. THERE ARE BETTER WAYS
5. BETTER MEASURES
6. ORGANIZATION
7. PLACE
8. NATURE
9. PEOPLE
10. PRODUCT
TRUE VALUE ACCOUNTING
33. REMINDER
This slideset is A WORK-IN-PROGRESS. It will be
upgraded periodically. It is part of a series of more than
100 slidesets. Navigation to these is available here:
http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=N1-Slidesets-p3
More about the True Value Metrics initiative is at:
http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=list0100-MainNav
FEEDBACK is welcome. Please email to Peter Burgess …
peterbnyc@gmail.com … with a catchy phrase in the
subject line so that it gets attention, and please identify
the specific slideset(s) or webpage involved.
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34. THANK YOU
Some links and contact information:
Email Peter Burgess … peterbnyc@gmail.com
Peter Burgess LinkedIn profile
https://www.linkedin.com/in/peterburgess1
Link to TrueValueMetrics.org website
http://www.truevaluemetrics.org/
Link to navigation to other resources:
http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=list0100-MainNav#1
TRUE VALUE ACCOUNTING