In this instalment of the New Economy Journal, our contributors explore alternative ways to measure value and alternative models of leadership required to address some of the complex and systemic challenges our society faces. Min Seto from the Australian Social Value Bank (ASVB) explains how ASVB’s valuation methodology can enable governments to better evaluate the social outcomes of programs and policies. Dr Geoff Woolcock and Mike Salvaris of the Australian National Development Index (ANDI), detail ANDI’s history and explains how the organisation is working to develop an ongoing national progress and wellbeing index that measures all important areas of our national life. Nick Verginis, Director of Systemic Change at Wicked Lab, uses two popular television shows, Succession and Ted Lasso, to compare different models of leadership and highlight the approaches our society needs to address complex, systemic social and political challenges. Finally, our Journal team summarise NENA’s recent webinar, a rundown of the Federal Budget with Senior Economist from The Australia Institute, Matt Grudnoff, and NENA Director and Co-Founder, Dr Michelle Maloney.
As always, we hope these articles provoke discussion and debate, and provide hope and insight into how we can build a new, just and sustainable economy. Please get in touch with the Journal team if you are interested in contributing to these discussions.
Table of Contents
Measuring the Kind of Australia We Want: the Evolution of the Australian National Development Index (ANDI)
The Role of Wellbeing Valuation in Building a Wellbeing Economy
Toxic Leadership and the Antidote: Succession and Ted Lasso as Two Tales of Leadership and a Playbook for Systemic Change
NENA and The Australia Institute: Federal Budget Rundown 2023