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I feel obliged to quote Robert F. Kennedy here (a few weeks before he was shot):

"[…] Our gross national product […] counts air pollution and cigarette advertising, and ambulances to clear our highways of carnage. It counts special locks for our doors and the jails for those who break them. It counts the destruction of our redwoods and the loss of our natural wonder in chaotic sprawl. It counts napalm and the cost of a nuclear warhead, and armored cars for police who fight riots in our streets. It counts Whitman's rifle and Speck's knife, and the television programs which glorify violence in order to sell toys to our children.

"Yet the gross national product does not allow for the health of our children, the quality of their education, or the joy of their play. It does not include the beauty of our poetry or the strength of our marriages; the intelligence of our public debate or the integrity of our public officials. It measures neither our wit nor our courage; neither our wisdom nor our learning; neither our compassion nor our devotion to our country; it measures everything, in short, except that which makes life worthwhile. […]"

In short, the GNP doesn't measure what we would really like to optimize, but we optimize it anyway, because it is easier to measure. Just like we would search for our keys under the lamppost, instead of near the car where we lost them.

Unemployment rate is similar. We don't want everybody to work full time. Most jobs are boring and tiring anyway. No, the goal should to reduce mandatory work. Blame Microsoft? Actually we should thank them. The problem is everyone needs a job, or else they grow broke and eventually homeless. Sure, we could try to give a job to everyone, but this is a suboptimal short-term solution. A better way would be to further reduce boring work (technology can do that), and lower the need for jobs at the same time (I don't know how to do it).

I think most HNers understand this: you're most free when you don't need to waste your time "making" money. So let's maximize free time instead of employment.



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