What Really Counts

Ronald Colman

Language: English

Published: Jan 3, 2021

Description:

Politicians and economists fixate on "growing the economy"—measured by a country's gross domestic product. But the economy can grow by emitting more greenhouse gases and producing more plastic waste, and protecting the environment and building stronger communities are sidelined in GDP statistics. What we measure is a choice, and what is and isn't counted determines what sorts of policies are enacted. How can we shift the focus to well-being and quality of life?
What Really Counts is an essential, firsthand story of the promise and challenges of accounting for social, economic, and environmental benefits. Ronald Colman recounts two decades of working with three governments to adopt measures capable of quantifying factors that GDP overlooks. Chronicling his path from Nova Scotia to New Zealand to Bhutan, Colman details the challenge of devising meaningful metrics, the effort to see alternatives realized, and the obstacles that stand in the way of implementing new... Politicians and economists fixate on growing the economy-measured by a country's gross domestic product. But this yardstick counts harmful activities such as greenhouse gas emissions, plastic waste, and cigarette sales as gains, and it ignores environmental protection, voluntary community work, and other benefits. What we measure is a choice, and what is and isn't counted determines what sorts of policies are enacted. How can we shift the focus to well-being and quality of life? Ronald Colman is the founder and former executive director of GPI Atlantic, a nonprofit research group that built an index of well-being and sustainable development in Nova Scotia. He has worked with New Zealand government bodies and communities on measures of well-being and spent ten years in Bhutan assisting the government's development of holistic progress measures, a new global economic paradigm, and other initiatives.