Michel's Reviews > Betterness: Economics for Humans

Betterness by Umair Haque
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Jan 07, 2012

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Read from December 28, 2011 to January 07, 2012

This book contains some interesting thoughts about the fact that measuring cash profit is probably not the best metric that should guide business and governmental decisions. One can easily find oneself in a "zero sum game" in which for profits to go somewhere, they have to get out of somewhere else, so you end up having just winners and losers, but not actual growth in the society.

While I think there is a lot of truth to it, I probably was hoping for a more structured treatise on the subject. The author spends a lot of time giving examples of why the current metric is incorrect, and some hints of people that are trying to work on a new metric, but doesn't really try to discuss this new metric. So I got out of the book feeling like I knew less than when I started the book.
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