What metrics would you include in a scorecard? (limit yourself to 3–5)
And which ones matter most?
What metrics would you include in a scorecard? (limit yourself to 3–5)
And which ones matter most?
2. Per capita GDP growth rate, averaged over ~10 year economic cycle.
3. Per capita GDP itself. Log scale.
4. Protection of private property rights. Measured as ratio of private net worth to GDP (if rights are not protected, businesses aren't worth much even if they make a lot of money because people know they can be taken away and that's priced in).
It seems possible to optimize for these metrics and still end up with a society where I wouldn’t want to live if I were randomly placed in it (high stress, low trust, poor quality of life).
Would you add anything to capture that?
haebom•1h ago
baptou12•48m ago