There’s more to life than money, but societies can struggle to express it. When we talk about the state of nations and their citizens, we tend ultimately to boil it down to a few economic indicators. These can tell us a great deal, but they don’t quite tell us everything. The untouched stretch of ancient woodland, the arts in education, the close-knit community, the healthy childhood: there are plenty of valuable things that cannot always be weighed on this scale.
And this is a problem, particularly for people who want to hang on to those valuable things. Here’s a rule of thumb: if you can’t measure how much something is worth, it becomes tricky to protect it. Those who do not want to see a bluebell wood destroyed or another humanities subject ditched can find it hard to argue their case against the cold logic of pounds and pence. What yardstick can they use that will be taken seriously?
