Its pretty well known that "lines of code" is a horrible metric to judge programmers with. It seems "number of new projects" is pretty similar, though at a higher level of abstraction.

Unfortunately that metric is applied to a lot more than just programmers; and I think getting rid of it would involve completely restructuring the type of activity our society is oriented around, and would run up against the life philosophy of the people in charge.

Of course I'm not against progress, but I'm talking about executives that don't plan beyond the next quarter, politicians that don't plan beyond the next election cycle, the endless pursuit of growth, and the inability of market economies to cope with the fact that sometimes inaction is more advantagous than action. All of this encourages endlessly churning out 'new' things, without designing those things to last or putting in the effort to maintain them.