Armensky Alexander Evgenievich, academician of the Russian Academy of Natural Sciences
Kochubei Sergey Eduardovich, Academician of the International Public Academy of Environmental Safety and Nature Management
Abstract
The purpose of this article is to uncover the foundations of effective public policy. The failure of the entire system of official monetary macroeconomic indicators leads to extremely poor public administration. The use of monetary indicators in calculating the country’s gross product, labor productivity, and other indicators leads to an inadequate picture of reality. Distortions in the real value of the ruble, pricing, and distortions in converting the ruble to the dollar, euro, and other currencies allow for manipulation of the real value of products. It would be more appropriate to use an indicator of creative productivity instead of labor productivity. The level of creative productivity is determined by the ratio of the country’s total capacity to the average annual number of people employed in the economy.
KEYWORDS: labor productivity, creative productivity, assessment of a country’s capabilities, law of measure (law of conservation of power), country’s power, cosmocentrism.
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