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Date: 2024-08-16 Page is: DBtxt001.php txt00012227 |
Finance |
Burgess COMMENTARY (1) In the end a better world is going to be not a result of how much MONEY is being made, but how much GOOD is being done. In the end the IMPACT described here is still constrained by how much money can be made! and,
(2) the system for measuring money performance (double entry accounting) is very powerful for money profit and wealth accumulation ... but the state of measurement for IMPACT is primitive (essentially anecdotes and questionnaires) that are expensive and very difficult to validate. We need multi-dimension impact accounting or true value accounting to get to a better way of numbering for everything that is going on, and that does not simplify back to the uni-dimensional idea that money growth economics must be at the center of everything! .......... Peter Burgess http://truevaluemetrics.org
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The text being discussed is available at https://casesmartimpact.com/capital/check-out-smart-impact-capital/ and |
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