Issue 1

Indicators of Economic Progress: The Power of Measurement and Human Welfare

Social development is not a result or even a set of results, but an on-going process of progress by which humanity acquires increasing knowledge, skill and organizational capacity to achieve ... Read More

The Knowledge Society: A Sustainability Paradigm

Terms of sustainability cannot exclusively be defined from an environmental point of view or attitude. Rather, the challenge is to define operational and consistent terms of sustainability from an integrated social.... Read more

Theory & Strategies for Full Employment

From October 2009 to March 2010, the World Academy of Art & Science launched an e-conference on the Global Employment Challenge (GEC). The conference included video webcast presentations ... Read more

Human Rights and Employment

The right to employment is not a privilege, it is a right ... Read more

Transforming Finance Group’s Call Recognizes Finance as a Global Commons

If we are to avoid future systemic failures in the global financial system, we must re-think the underlying design flaws that precipitated the financial crises. We must move beyond Bretton Woods ... Read More

CADMUS: The Personality of a Journal

The essence of today's world leadership appears to be economic but, in truth, it requires political maturity to express it. Political inspiration that underlies economic realities qualifies ... Read more

Introductory Paper for a Programme on The Wealth of Nations Revisited

What theoretical framework will lead to a system that optimizes the generation of real wealth? How will its principles reflect the primacy of human choice and human welfare? ... Read more

Updating macro-economics

There are no clear economic explanations why after 1973, the rate of growth in GNP terms, in the "industrialized countries", has declined from an average of 6% or more to 2% ... Read More

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Invitation from the Editorial Board Ivo Šlaus, Garry Jacobs, Walt Anderson, Winston P. Nagan Fellows of the World Academy of Art & Science, The Club of Rome, and the Pugwash Conferences Dear Friend, By now you should have received the first issue of Cadmus, and we - the Editorial Board - welcome your comments and suggestions. This journal is meant to be interactive, a vehicle for all of us to work together on issues that youdeem important. The development of human-centered economy... Read more	A Project on The Wealth of Nations Revisited Ivo Šlaus, Garry Jacobs “Leadership in thought that leads to action” is the phrase Harlan Cleveland, President of the Academy from 1991 to 2000, adopted to characterize the mission of the Academy. We — and the world — need it now, more than ever. We need innovative and truly fresh ideas, ideas that can open up new directions in the evolution of Earth and humanity. We need ideas that will enable us to better understand... Read more
Updating macro-economics Orio Giarini Adam Smith’s analysis in the Wealth of Nations gave birth at the end of the eighteenth century to economics as we know it today. As a moral philosopher, he wanted to provide a better understanding of how to fight poverty. While most social thinkers insisted that wealth could only develop from agriculture, Smith observed that the beginning of the industrialisation process was the key and priority... Read more	CADMUS: The Personality of a Journal T. Natarajan Get Full Text in PDF At great moments, great movements arise. Life makes history memorable by its revelation at such moments. Military movements were led by generals, political movements by great personalities. After the war, leadership of such movements was offering itself to great international organizations. Initially the UN responded to the mature moment. The world has been waiting for one... Read more
Theory & Strategies for Full Employment Ashok Natarajan Get Full Text in PDF Table of Contents The Need for New Theory and Strategies Necessity of Full Employment New Theoretical Perspectives Available Tools for Full Employment Endnotes 1. The Need for New Theory and Strategies From October 2009 to March 2010, the World Academy of Art & Science launched an e-conference on the Global Employment Challenge (GEC). The conference included video... Read more	Transforming Finance Group’s Call Recognizes Finance as a Global Commons Hazel Henderson Get Full Text in PDF The Committee on Transforming Finance, a multinational network of career market participants: investors, asset managers, business executives, philanthropists, academics and financial authors, holds that the financial system is a global commons and calls for a new set of rules that would allow it to be governed in full conformance with this reality. We as beneficiaries and... Read more
Indicators of Economic Progress: The Power of Measurement and Human Welfare Garry Jacobs, Ivo Šlaus Get Full Text in PDF Table of Contents Introduction Tools and Measures Measures of National Income Need for New Theory Measures and Indicators Characteristics of a Successful Indicator The Problem of Value What are we trying to measure? Alternative indices Components of Economic Welfare Human Economic Welfare Index (HEWI) Composite HEWI Conclusions Endnotes 1. Introduction Right measurement... Read more	Human Rights and Employment Winston P. Nagan Get Full Text in PDF In the development of internationally sanctioned standards for labor and employment there are some threshold considerations that must be taken into account. First, labor and employment rights generally fall within the category of social, cultural and political rights. This is to be distinguished from conventional, civil and political rights. Internationally, the institution... Read more
The Knowledge Society: A Sustainability Paradigm Naim Hamdija Afgan, Maria G. Carvalho Get Full Text in PDF Abstract This paper defines the knowledge society as a human structured organisation based on contemporary developed knowledge and representing new quality of life support systems. It implies the need for a full understanding of distribution of knowledge, access to information and the capability to transfer information into a knowledge. The understanding of knowledge... Read more	Introductory Paper for a Programme on The Wealth of Nations Revisited Orio Giarini, Garry Jacobs, Bernard Lietaer, Ivo Šlaus Get Full Text in PDF Table of Contents Introduction Theoretical Discontent From Newtonian to Human-Centered Economics Future of Work Money, Finance & Wealth The Service Economy Scarcity, Surplus & Markets Equity, Freedom & Social Stability Integration of Politics — Economy — Society Essential Issues for the New Economics Endnotes 1. Introduction Civilization is an instrument... Read more