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I am a semi-retired self employed business owner who designs and builds instruments and machines. Obtained a BS in Sociology (with minors in Physics and Math) in the 1960's and became interested in studying the structural violence built into our social, political and economic systems as an avocation.
I live off grid with my wife in an earth sheltered home I built in rural central Kansas.
(8 comments) SHARE Monday, May 4, 2015 Seigniorage, Its relation to Justice, Trust and Commitment
Seigniorage is something that usually only policy wonks talk about, but if we want to discuss money as a justice issue, it is a pivotal concept that needs a more general understanding.
What we propose to do is go beyond the standard definition to describe and discuss the function of seigniorage in trade. We will find that it functions in very different ways, according to the way money is organized.
(6 comments) SHARE Wednesday, February 12, 2014 The Monetary Cliff: Its the Driver behind Deficits and the Fiscal Cliff - Rethinking our Centralized Fiat Money System
We are told that money is such a complex issue that it isn't understandable by the layman. We disagree and describe the rules of money, and their practical and moral implications, including money's instability and the immanent monetary cliff. This understanding makes it possible to consider alternative money rules that serve the market better, and that promote an economy that is stable, just, resilient, and democratic.
(1 comments) SHARE Saturday, September 12, 2020 A New Perspective on Money and Economy
Provisioning all of the users of money needs to be the prime directive of the monetary system, rather than profit, as is currently the case.
The institution of interest needs to be done away with.