Traditional measures of the economy, like GDP and the unemployment rate, don’t paint an accurate picture of the state of well-being across America. We need better numbers. “Moneyball” was a revolutionary idea in baseball, based on the idea that the metrics the sport used to measure the value of players were not the best predictors of performance, and that teams could exploit this oversight by choosing players based on more important factors.
How Can We Reinvent The Way We Measure Economic Prosperity?
Talib Visram, Fast Company
Fri, 07/01/2022 - 4:45am
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