Daily Archives: May 9, 2016


Our Mismeasured Economy 1

The New York Times has the article Our Mismeasured Economy.

To develop a sustainable growth path, we should heed the business adage: You get what you measure. Fixing the measurement problems surrounding government activities is a good place to start.

This article does a wonderful job of identifying one of the reasons we have allowed ourselves to underestimate the value of what we get out of our investment in government services.  If we don’t measure the benefits, how can we possibly be doing a valid cost/benefit analysis?

I learned of this article on the Facebook page Government Is Good. What a name!  However, I think it is going to be a treasure trove of great links.