ABSTRACT
How should we judge the performance of any economic system? How should we measure whether results are desirable or undesirable? People may disagree over goals, or in the case of multiple goals, disagree over priorities. People may also define goals differently. What exactly does one mean by economic democracy, economic efficiency, or environmental sustainability? Confusion and ambiguity about goals is often an obstacle to communicating clearly about evaluating economic performance. In Chapter 1 we clarify and justify the goals we set for ourselves.
