New Strategies for Cultural Self-Managment

New Strategies for Cultural Self-Managment

The following is the beginning of a new sequence of blogs that I will now start and continue for some weeks to come. Because these blogs require original writing, they may not appear daily. However, I will attempt to “keep the ball rolling” on a very regular basis . In order to keep the components of this theme organized I will label them as New Strategies For Cultural Self-Managment 1, 2, 3, etc.

Here is the first installment:

Economics is a complex science/technology. Some have called it a “Dirty Little Science” because it is imperfect and its predictions are sometimes inaccurate.

Perhaps economics is somewhat like the science/technology of meteorology. Weather predictions are far from perfectly accurate, yet they are accurate enough to be very useful to all of us and also our government.

Similarly, statistical measures called “economic indicators” (a technological product of economics) are used daily so individuals and governments can make intelligent economic decisions. The informed economic behaviors of individuals and their governments most often  redound as a benefit to the entire socioculture.

The following presents some definitions and examples of economic indicators.

As you study these, ask yourself if there are similar social indicaors that we might use to make better decisions about America’s social health and development. This will be the topic of my next blog.

I have taken the following quotes from the following source

“An economic indicator (or business indicator) is a statistic about the economy. Economic indicators allow analysis of economic performance and predictions of future performance. One application of economic indicators is the study of business cycles. Economic indicators include various indices, earnings reports, and economic summaries. Examples: unemployment rate, quits rate, housing starts, Consumer Price Index (a measure for inflation), Consumer Leverage Ratio, industrial production, bankruptcies, Gross Domestic Product, broadband internet penetration, retail sales, stock market prices, money supply changes.”

“Leading indicators are indicators that usually change before the economy as a whole changes.[1] They are therefore useful as short-term predictors of the economy. Stock market returns are a leading indicator: the stock market usually begins to decline before the economy as a whole declines and usually begins to improve before the general economy begins to recover from a slump. Other leading indicators include the index of consumer expectations, building permits, and the money supply.[citation needed] The Conference Board publishes a composite Leading Economic Index consisting of ten indicators designed to predict activity in the U. S. economy six to nine months in future.”

End of quotations.

It seems imparative that any socioculture, that would like to live long and well, must develop equivalant social indicators and from those data, develop and publish “Leading Social Indicaors”. These leading Social Indicators could then be used to predict the future course of our social health and viability, which bears directly upon any nation’s ability to survive and thrive in a competative world. If such predictions can be made with useful accuracy, they can then be used to evaluate the effects of various self-managment efforts made by the socioculture.

Stay tuned for more on this topic and related cultural self-managment practices!

V. Thomas Mawhinney, Ph.D. 10/16/12

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