What Does The Core Economy Provide?
The Market Economy is easy to understand due to its reliance on money, which allows for simple quantifications and record-keeping. It’s about measurements, which appeals to the simple yet competitive part of ourselves. The Core Economy is not as easily measured, and although it may actually be much more simple than the Market Economy, it is not as easy to understand.
The Core Economy is what Professor Edgar Kahn calls that 40–50% of productive economic activity that takes place outside of the market and is not measured by traditional indicators. “It probably doesn’t…