Genuine Progress Indicator? Measuring economies as if society mattered

As so many consumer and exchange economies teeter on the brink, here's a fascinating index that could prove more useful to more people. Many of us are in the same time familiar with, yet put off by, words and terms like "GNP", "GDP", and "economic indicator." For over a decade a group called Redefining Progress has been working on what they call the "GPI" - the genuine progress indicator.

"... The GPI starts with the same personal consumption data that the GDP is based on, but then makes some crucial distinctions. It adjusts for factors such as income distribution, adds factors such as the value of household and volunteer work, and subtracts factors such as the costs of crime and pollution. Because the GDP and the GPI are both measured in monetary terms, they can be compared on the same scale. ..." - Redefining Progress