Doing better than the optimum |
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Authors: | Stuart S Nagel |
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Institution: | 1. Political Science Department, University of Illinois, 702 South Wright Street, 61801-3696, Urbana, IL, U.S.A.
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Abstract: | There may be a need for operationalizing basic social indicators like unemployment, inflation, crime, and others in such a way as to allow for going beyond what has traditionally been considered as the zero point of unemployment, inflation, crime, or other social indicators. Doing so can be helpful in stimulating greater societal achievement and happiness, especially with appropriate incentives and a growth perspective. Doing so can also facilitate better comparisons of alternative policies across nations and across other policies. |
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