"redefining progress"

[Jim Devine <JNDF%LMUACAD.BITNET@xxxxxxxxxxxxxxxxx>]

Does anyone know anything about an organization named "Redefining
Progress"?  They advocate replacing GNP/GDP measures of economic
success with measures such as what they call the "Genuine Progress
Indicator" which subtracts environmental costs, adjusts for increasing
inequality, etc. It seems a good idea, but how good is their work,
technically speaking?  Their chair is Richard Norgaard of UC Berkeley
Dept. of Energy & Resources and Robert Heilbroner and Herbert Simon
(among others) have endorsed this project.

BTW, while per capita GDP has risen since 1970, per capita GPI has
fallen.

sincerely,

Jim Devine
jndf@xxxxxxxxxxxxxx or jdevine@xxxxxxxxxxxxxxx
Econ. Dept., Loyola Marymount Univ., Los Angeles, CA 90045-2699 USA
310/338-2948 (daytime, during workweek); FAX: 310/338-1950
"for Life, Liberty, and the Purfuit of Happinefs" -- the founders.