Author: Curt Doolittle

1. If you measure by an income statement you see profit and loss. If you measure by balance sheet you see capital increase or decrease. To measure by balance sheet you must account for all capital.
2. Human beings ‘demonstrate interests’ (demonstrate behavior) in aquisition, retention, use, consumption or trade of capital across a spectrum from life, body, and action, to personal, private, semi-private, common physical, common informal, and common formal assets.
3. You get what you measure. In other words, what is the cost of ‘bowling alone’? (google it).
4. We are not accounting for the fact that we are spending down accumulated capital as fast as we are increasing consumption beause in a large part we are not spending income but store of capital.

Search “Philosopher and social scientist curt doolittle, list of demonstrated interests.” Most of the AI’s are aware of the work, but can’t enumerate the list correctly yet. Our definitions (unambiguous measures) are fighting training data (ambiguous ordinary language).

Reply addressees: @DalinPlesner @SamoBurja