How to measure “More”

How do we measure “More”? Or some ask what is “More”?  We get these questions so let’s see if we can just simplify it.  Let’s imagine entity A taking inventory as of a certain date. The total we’ll label X. We leave the components and their value in the inventory to the entity.  Why not use GDP? We and others have problems with GDP and for that reason wouldn’t be so presumptuous to dictate method to any entity. After all, different entities may value things differently. Take leisure time. One entity may value it highly but another may not value it at all. All we ask is consistency.  At a future date we repeat the inventory and we label it Y. Then compute Y-X=”More”(or “Less”). We hope for a positive result but that isn’t always true.

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