tag:blogger.com,1999:blog-8011567817570086256.post5901225768371727583..comments2018-12-26T07:39:56.423-07:00Comments on REASON POWER POLICY: Social WelfareAnonymoushttp://www.blogger.com/profile/05431036725490947171noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8011567817570086256.post-59212619354997675452010-02-09T07:46:15.112-07:002010-02-09T07:46:15.112-07:00There's got to be some kind of way to measure ...There's got to be some kind of way to measure utility in objective, absolute terms. Utility is a real thing! Having a rationalized measure for it could have huge implications for research and for policy.<br /><br />Could it be something as simple as a Maslow's Hierarchy, expanded and detailed, and backed up by extensive research? Could the census seek to quantify some of this? Isn't the GDP deflator already sort of a (poor) proxy for this, because it seeks to adjust dollars to constant utility over time?Anonymoushttps://www.blogger.com/profile/05431036725490947171noreply@blogger.comtag:blogger.com,1999:blog-8011567817570086256.post-51114897493515945812010-02-05T14:29:12.173-07:002010-02-05T14:29:12.173-07:00Nice post. I am not aware of any such legitimate, ...Nice post. I am not aware of any such legitimate, objective measure.<br /><br />It would be nice if there was some physiological correlate with welfare, like if measuring skin current would tell us something about how much a person desires bread. Unfortunately, I don't think there is.Justin Wehrhttps://www.blogger.com/profile/15171211679701874613noreply@blogger.com