New Zealand's New Economics

[barryqwalsh]

"We are establishing a living standard framework," she tells me. "We are looking beyond economic markers." Her government is not junking the traditional economic measures - debt and budget targets, for instance, will remain. But, Ardern says: "If we are increasing GDP and increasingly seeing environmental degradation and social suffering, it's hard to say we've succeeded", referring to gross domestic product, the conventional measure of the monetary value of an economy's output. "We have given Treasury to fiscal 2019 to have a framework ready" for measuring national progress on all three fronts - raising income, yes, but also improving environmental and social goods.




Ardern's social laboratory for the world

 

[Penelope]

Yes countries are putting themselves first and becoming more nationalistic and with fascist ideology. Trump is not a populist , he may of ran as one but he is not for the ordinary man, he is for the elites. I hope she is successful.