Two centuries ago, America pioneered a way of thinking that puts human well-being in economic terms.
At the turn of the 19th century, it did not appear that financial metrics were going to define Americans' concept of progress. In 1791, then-Secretary of the Treasury Alexander Hamilton wrote to various Americans across the country, asking them to calculate the moneymaking capacities of their farms, workshops, and families so that he could use that data to create economic indicators for his famous Report on Manufactures. Hamilton was greatly disappointed by the paltry responses he received and had to give up on adding price statistics to his report. Apparently, most Americans in the early republic did not see, count, or put a price on the world as he did.
Until the 1850s, in fact, by far the most popular and dominant form of social measurement in 19th-century America (as in Europe) were a collection of social indicators known then as "moral statistics," which quantified such phenomena as prostitution, incarceration, literacy, crime, education, insanity, pauperism, life expectancy, and disease. While these moral statistics were laden with paternalism, they nevertheless focused squarely on the physical, social, spiritual, and mental condition of the American people. For better or for worse, they placed human beings at the center of their calculating vision. Their unit of measure was bodies and minds, never dollars and cents.
Why Former Google CEO Eric Schmidt Hosted Annual Secret Summits A report by Tech Transparency Project suggests there is evidence that Eric Schmidt used these conferences to lobby influential people on Google products under threat from federal regulations
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India's Regional Airlines And Their Short-lifespans Satyendra Pandey - For India, the challenge of regional airlines remains. As of this writing, five more regional airlines are in the pre-planning and launch stages., , indian airline, air traffic
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The great games at play in wind and solar In the middle of a possible recession and a collapse in power demand, renewables are shining bright. Will it last?.With long-term renewables contracts being seen as safe bets, especially during a pandemic, foreign capital that has few places to go to has begun chasing these assets
No Intention To Hurt Sentiments: Nepal Clarifies PM Oli's Ayodhya Remark Under fire for his controversial remarks on Ayodhya and Lord Ram, the Nepal government on Tuesday launched a damage control act to clarify that the statements of Prime Minister KP Sharma Oli were "not linked to any political subject" and have no intention at all to "hurt" the feeling and sentiment of anyone.
Musicians go shopping for gadgets Kolkata: It is no longer just about shooting in available light at home with a mobile phone and uploading their videos.
"Everyone at Zoya Akhtar's has tested negative", says Shabana Azmi "Everyone at Zoya Akhtar's has tested negative", says Shabana Azmi. Bollywood News: Latest Bollywood News, Bollywood News Today, Bollywood Celebrity News, Breaking News, Celeb News, Celebrities News, Bollywood News Hindi, Hindi Bollywood News at Bollywood Hungama.com.
Biden to call for $2 trillion in clean energy spending Joe Biden on Tuesday will call for setting a 100% clean-electricity standard by 2035 and investing $2 trillion over four years on clean energy, two people familiar with his plan said Monday. The Democratic nominee's new commitments mark a clear shift toward liberals' priorities in combating climate change and cutting the use of fossil fuels. The people briefed on his plan spoke on the condition of anonymity. Biden's blueprint also calls for the creation of a climate conservation corps modeled after the work relief program President Franklin Delano Roosevelt created during the Great Depression, according to another person briefed on the initiative. The plan also embraces Sen. Chuck Schumer's plan to rapidly turn over the nation's automobile fleet, with taxpayers enticed by cash vouchers to trade in their gas-powered cars for plug-in electric, hybrid or hydrogen fuel cell cars. The initiative also would steer tens of billions toward building charging infrastructure including in rural communities
The Man Striving to Be the 'Canadian Obama' Balarama Holness, 36, a law student and community organizer who once played professional Canadian football, is becoming a leading voice against systemic racism in his country.
Jio seeks to be a party in Vodafone Idea vs Trai case Reliance Jio's growth momentum continued as the telecom service provider added 4.68 million customers in March, taking its total subscriber count at 387.51 million, showed data from Telecom Regulatory Authority Of India.Get latest Telecom online at cnbctv18.com
Focusing on ratings is 'nuts', Raghuram Rajan wants India to do Covid-control first "In this environment, focusing on a credit rating is just nuts. Your credit rating just does not depend on your level of debt, it depends on how you are going to grow out of the debt. We cannot worry about spending. We certainly have to focus the spending but we have to repair the damage now," Rajan said during an NCAER online conference .
The Sale-and-Leaseback of India's Internet Economy Vibhu Arya - India's internet economy has two choices, an immediate USD 30 Billion Sale-and-Leaseback or a USD 3 Trillion value harvesting over decades, the choice is sadly made. , , internet economy
Mindtree Q1 net profit more than doubles to ₹213 cr IT firm Mindtree on Tuesday reported a 129.8 per cent rise in consolidated net profit at ₹213 crore for the June 2020 quarter.The company had posted a net profit of ₹92.7 crore in the same period last
Walmart leads $1.2 billion investment in Indias Flipkart Walmart is increasing its majority-stake in Flipkart by leading a new $1.2 billion financing round in the Indian e-commerce giant. The fresh equity round led by Walmart, which acquired majority stake in Flipkart for $16 billion two years ago, values Flipkart at $24.9 billion post-money, the two com…
Dharmendra ji is leading our flood relief in Bihar and a source of constant inspiration for us to provide more help to the flood victims. You can call him @ 9431477171 if you want any direct feedback from the ground level or for sending any material. Convenient timings to call: 7:00 AM to 9:00 AM in Morning (IST) 10:30 PM to 12:00 AM in Evening(IST)
Latest Update: Health care, a prime concern at the moment. As the water is receding in some areas, they are becoming epidemic prone !
This blog has information received from Bihar on flood relief efforts undertaken by AID, AID India and partners. Donations links:
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