tag:blogger.com,1999:blog-2467928492793719077.post732786987449261524..comments2024-03-19T04:01:54.164-07:00Comments on Natural Finance - 21st century venture capital: GDP and social policy - Improper politicization of statisticsPascal J.http://www.blogger.com/profile/04550838631823938140noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2467928492793719077.post-26553323552103264982010-09-13T17:01:03.241-07:002010-09-13T17:01:03.241-07:00@AWGB
Genuine Wealth Model, I assume you mean www...@AWGB<br /><br />Genuine Wealth Model, I assume you mean www.genuinewealth.net which appears to attempt to measure happiness. That feels good and I don't object, but I am going closer to GPI with this (comment after):<br /><br />Durable wealth = Corporate assets + property values (avoid double counting with corporate assets) + consumer depreciated durable goods + new consumer durable goods purchases + personal savings/investment as Private Durable wealth (+ government assets for total Durable wealth)<br /><br />This number is a national cash out number.<br /><br />Net Durable Wealth would subtract corporate and personal secured debt for Net Durable Private Wealth, and also government debt for Net Durable Wealth<br /><br />The GPI attempts to measure sustainability of assets and resources as well, and I don't know its official formula. Sustainability inclusiveness can be obtained by adding to durable wealth value of resource reserves less expected cost of extracting the reservesPascal J.https://www.blogger.com/profile/04550838631823938140noreply@blogger.comtag:blogger.com,1999:blog-2467928492793719077.post-34101407295445538142010-09-13T10:10:29.061-07:002010-09-13T10:10:29.061-07:00Look into Genuine Progress Indicators, the Genuine...Look into Genuine Progress Indicators, the Genuine Wealth Model, or Net National Product.AWGBhttps://www.blogger.com/profile/16639336770467631285noreply@blogger.comtag:blogger.com,1999:blog-2467928492793719077.post-80702508698998325152010-09-13T07:04:46.075-07:002010-09-13T07:04:46.075-07:00I didn't want to lenghten post by adding this ...I didn't want to lenghten post by adding this in text but more help in distinguishing value from waste:<br /><br />Generally transportation is a waste. The shipping costs of goods don't add any resale value to the goods themselves, so producing locally or star trek transporter technology and the ample renewable energy supply to power it, eliminates waste and thus adds value.<br /><br />The simple criteria for value vs waste is: expenses above those necessary to create value, given possible technology.Pascal J.https://www.blogger.com/profile/04550838631823938140noreply@blogger.com