Related posts: GDP

Article

The 10 things economics can tell you about happiness

March 30, 2021 | By Mark Anielski

Nearly 11 years ago on April 2, 2012 I was invited by the Prime Minister of Bhutan Jigme Y. Thinley... View Article

Article

Is China a ticking debt time bomb or is there something we don’t know about China?

March 26, 2021 | By Mark Anielski

Published January 9, 2019 on Linkedin Is China a ticking debt time bomb or is there something we don’t know... View Article

Article

And free us of our debts: Returning Canada to a public banking model

March 25, 2021 | By Mark Anielski

February 13, 2019 (published on Linkedin) Canada, like most nations, is drowning in debt. These debts continue to mount for... View Article

Article

The hidden cost of debt on well-being

November 25, 2020 | By Mark Anielski

What few economists understand is the nature of money. According to the Bank of England, the truth is the vast... View Article

Article

Interest on Canadian governments debt has consumed $2.53 trillion or an average 35% of income taxes paid since 1961

November 1, 2020 | By Mark Anielski

According to Statistics Canada data on federal and provincial government revenues and expenditures between 1961 and the 2Q of 2020,... View Article

Article

The ultimate solution to the climate emergency: eliminate debt money

October 8, 2019 | By Mark Anielski

I believe the greatest thing we could do to stop the climate emergency in its tracks is to end the... View Article

Article

Marilyn Waring cautions about New Zealand’s Well-being Budget 2019

February 8, 2019 | By Mark Anielski

Marilyn Waring, former Chair of New Zealand’s Finance Committee (1974), New Zealand’s first female MP (member of parliament), feminist economist,... View Article

Article

Why there is no golden parachute for the US fiscal and debt cliff in 2012

November 10, 2012 | By Mark Anielski

The world in 2012 is in the midst of the most protracted and insolvable debt crisis ever experienced by humanity.... View Article

Article

Reoccupying Happiness: Building Flourishing Economies of Wellbeing

August 28, 2012 | By Mark Anielski

I made the following keynote presentation on April 14, 2012 at a forum in Olds, Alberta called The Other Side... View Article

News

Genuine Wealth for Canada: A New Economic Paradigm based on Well-being and Happiness

January 10, 2012 | By Mark Anielski

I wrote the following article for the December 2011 issue of Alberta Views magazine, one of Canada’s most progressive publications.... View Article

measuring well-being

What we do

We have developed a mastery in measuring well-being in all its dimensions

We conduct comprehensive well-being baseline assessments for municipalities, businesses and any organization wanting to assess the well-being conditions of their human, social-cultural, natural, built and financial capital assets and how these assets contribute to the well-being of individuals, households and businesses in communities.

We conduct holistic well-being assessments in service to First Nations, Metis and Inuit communities in their aspirations for economic self-determination. These assessment are in alignment with indigenous laws, traditional use values and indigenous principles of well-being.

We have developed a unique personal well-being survey tool we call Soul Print that can be used to assess your mental, physical, emotional and spiritual well-being as well as the well-being of your household, your workplace and your community.

We have developed unique economic and financial impact analysis methods to measure the well-being value and impacts of programs and services of any organization or government programs or service.

Well-being based budgeting is our latest innovation in well-being economics whereby the well-being ROI (returns on investment) of capital and operating budgets can be determined thereby allowing decision makers to measure and verify the well-being value for taxes and budgets.

Adopting the integrated five-capital Genuine Wealth accounting and measurement tools, we have developed a unique analysis protocol that allows individual investors, impact investment fund managers and others to measure and verify the well-being impacts of their investments in various asset classes.

Why we are different

The word 'wealth' originates from the Middle English (13th Century) word wela-th which literally means 'the conditions of well-being.'

The Greek word for happiness (eudaimonia) meaning 'well-being of spirit or soul'.

Combined these important two words with the original Greek root word for economy (oikos-nomia), meaning 'household stewardship' you have the foundation of what we call

We bring a unique and practical approach to measuring progress and success using a model Mark developed called Genuine Wealth. In plain language, the basis of orienting our lives towards a good life means measuring performance and progress in terms of conditions of well-being of mind, body, spirit and the natural environment.

Our work adopts the best attributes of conventional accounting and economic analysis through the science of well-being lenses thereby helping decision makers make sense of a complex array of statistics and data presented in creative formats. This empowers decision makers to better understand the interrelationships between the many factors that contribute to the overall well-being of communities and societies.

We help you stay focused on measuring what matters most to the well-being of households, businesses and communities. In short, as Robert Kennedy once said in 1968, we measure the things that make life worthwhile.

Our Latest Work

Mark Anielski has completed numerous analyses of well-being impacts and completed several community and First Nations well-being assessments and prepared Well-being Balance Sheets that inform budgeting and decision making oriented towards better lives and improved welll-being.

The Art of Well-being

Mark Anielski has developed a unique mastery in measuring and accounting for well-being conditions in communities, businesses and nations in Canada and internationally using the integrated five-capitals accounting model with stunning visualization of well-being indicators.

Award winning Author

Mark's The Economics of Happiness: Building Genuine Wealth won the Gold Medal in Conscious Business category at the Nautilus Book Awards in Los Angeles and a Bronze Medal in Economics at the Axiom Book Awards in New York.

“Mark's well-being impact analysis skills helped our organization to measure the well-being impacts and customer satisfaction of our affordable housing program serving over 9,000 Edmontonians. Well-being has now become a measurable impact tied directly to our mission statement to improve the well-being of children and families in our communities though a continuum of quality housing options, supports, and partnerships. The valuable information gleaned from this exercise informs our programs and processes to better serve our tenants.”

“Mark's book (An Economy of Well-being) redefines what we mean by The Wealth of Nations. It is a wonderful guide for people who want to take a path away from the monetization of everyday life”

“The Economics of Well Being is one powerful answer to the struggling financial world around us. It very thoughtfully and clearly identifies how our existing debt and wealth measurement systems no longer serve our communities and our ability to live together in a just and balanced society. By broadening and humanizing how we assess our well-being, we shift our attention to aspects of our life together that really matter and are really worth acting upon. This is a great book, gracefully written, founded on doable optimism”

“Mark gives a well-researched view into the absurdity (irrationality) of our economy in an easy-to read style for the non-economist to understand. More importantly, he inspires us all (hopefully) with possibility. Possibility for a better way forward. A 21st century way forward. A happy way forward. This is a conversation that’s worth joining. It needs a strong voice. Here’s the ammunition. Come on Marketing community!”

“An Economy of Well Being is an excellent and timely reminder that the end of the human person is to be in right relations with God, others, and nature. Mark Anielski calls us to radically realign our economics with our anthropology, gives us a toolkit and the metrics to do so, and demonstrates different possible outcomes through concrete case studies.”

“Mark Anielski has been a leading innovator on the cutting edge of well-being studies for three decades, and this work has been about building indicators with communities and populations, not imposing them from multi-laterals on high. His work with indigenous communities is especially rich, and as a New Zealander, I appreciate this refusal to homogenize. I have been recommending Mark’s work to people for decades, and now have another book to suggest."

"Mark is one of those economists who keeps questioning what many accept as fundamental truths. He looks at what happens in the real world and then puts the accepted models to the test to see whether they hold up. By doing that his insights in the way our economy works vastly supersedes those who try to hold reality to fit with the models, an endeavour which is destined to fail. For me, in that regard, he is comparable with Steve Keen, the author of the book 'Debunking Economics'. He is also willing to look at the full picture and is open enough to include the monetary system in that picture, something which is disregarded by too many economists. But apart from his mastery of data interpretation and systemic insight, Mark is amongst that rare breed of economists who manage to connect the hard math of economics with the nature and spirituality of the human race. Humans can not be captured in mathematical formulas and the economy can not exist without human beings. Mark deeply understands that and brings the two together in wonderful ways. We need more economists of this breed if we want to thrive as a human race."