LPAC Class Series

6 — LaRouche’s Physical Economic Metrics, Part II: How to Define Value

November 8, 2017 — To scientifically define what is, and isn’t, valuable economic activity we must start from the economy as a whole.  Does something contribute to increasing the Potential Relative Population Density or not?  To measure this we must define all metrics from the top down, from the economy as a whole.

Assignment: Define some examples of how a job or an action is the economy can’t be understood unless we start from the standpoint of the economy as a whole.