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...Marks, the key shift introduced by the HPI is its "move away from measuring production and toward measuring consumption. The HPI serves as a signpost pointing more toward a society we want to live in - the delivery of good lives rather than the delivery of more goods...

Author: /time Magazine | Title: Is GDP An Obsolete Measure of Progress? | 1/30/2010 | See Source »

...narrow calculation of cash flow," says Hazel Henderson, President of Ethical Markets Media (USA and Brazil) and who co-developed the Calvert-Henderson Quality of Life Indicators, which unbundles, rather than averages, 12 indicators. "Because it's averaged, the GDP mystifies and masks the gap between rich and poor. I don't think there's ever been such a large disconnect between the GDP and what ordinary people are experiencing." (See TIME's 2009 Person of the Year: Federal Reserve Chairman Ben Bernanke...

Author: /time Magazine | Title: Is GDP An Obsolete Measure of Progress? | 1/30/2010 | See Source »

...played the week after the Super Bowl, the Pro Bowl used to be a thing of pride among players (not to mention cause for a sizable bonus back when they still needed the money). But now, in an era of overinflated salaries, players treat the game as a chore rather than an honor. The game was held at the Los Angeles Memorial Coliseum from 1950 to '72. It was then held at various stadiums before moving to Hawaii's Aloha Stadium in 1980, which gave the whole event a sunnier, more laid-back feel. So did the Pro Bowl rules...

Author: /time Magazine | Title: Is the NFL Pro Bowl Broken? | 1/29/2010 | See Source »

...boost its troop commitment, but two days before the London summit it announced an increase of only 500 extra soldiers plus a so-called "flexible reserve" force of 350 deployable at short notice - far fewer than Washington had hoped for, and with an emphasis on training Afghan forces rather than engaging in frontline fighting. "This could strain relations with Washington ... [Berlin] is now inviting the Americans to do the dirty work in Afghanistan," says Henning Riecke, an analyst at the Berlin-based German Council on Foreign Relations...

Author: /time Magazine | Title: London Afghanistan Summit Glosses Over the Cracks | 1/29/2010 | See Source »

...continued to ebb. So, a key task of the Jan. 28 conference convened in London by Britain's Prime Minister Gordon Brown and co-hosted by Afghan President Hamid Karzai and U.N. Secretary-General Ban Ki-moon was to foster confidence that a positive outcome could be achieved sooner rather than later. "Today's conference represents a decisive step towards greater Afghan leadership to secure, stabilize and develop Afghanistan," declared the concluding communiqu...

Author: /time Magazine | Title: London Afghanistan Summit Glosses Over the Cracks | 1/29/2010 | See Source »

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