Jan 8A Simple Fix for Economic Inequityeven though, as I understand it, such inequity is not of itself an injustice According to my understanding of what justice is, differences in income/wealth are not of themselves an injustice, no matter how large they might be. …Economy2 min readEconomy2 min read
Dec 31, 2022One Economic Proposal, Four Possible Choices for the Nationfrom a guaranteed minimum income to ending exploitation The political process is the process of effecting choices for the community as a whole. In geopolitical terms “the community” can range from a village to an entire nation. Effecting choices (choosing among alternatives and taking action to bring that choice to…Society3 min readSociety3 min read
Dec 30, 2022Bringing Clarity to the Murky Area in My Otherwise Brilliant Economic Paradigmthe part about needing for money to be returned to the central bank Some years ago I stumbled upon a way to transform the outcomes for the nation of the existing economic system. The basic idea is to create money as needed to fund a (sufficient) minimum guaranteed income for…Economics8 min readEconomics8 min read
Dec 22, 2022Needs and Wants: Two Separate Sources of Demandand that must inform economic policy [Formerly titled, “The Two Markets Driven by Individuals’ Demand”] Human beings have needs. Human being have wants. Those two motivations generate two different kinds of markets. The economic policies of a nation must distinguish between the two. Wants can be left to the vagaries…USA3 min readUSA3 min read
Dec 21, 2022Remuneration with a Uniform Income for All EmployeesYes: janitors and dishwashers and CEO’s would all have the same income. A while back I published here in Medium “To Preserve What We Have, What We Have Must Be Enough.” It is an overview of a paradigm in which all employees of any business and government would be paid…Economics6 min readEconomics6 min read
Dec 17, 2022The Third-best Organizing Principle for Societyfirst comes loving one another, then comes ‘one for all and all for one’, then comes mutual respect. Why not start in the middle? ‘One for all and all for one’ is the second-best organizing principle for a society. Functionally, that principle has governed the governance of all non-civilized human…Society5 min readSociety5 min read
Dec 11, 2022Speculation and Affordable Housinga matter too human to be left to the indifference of ‘the market’ [Spellchecker is MIA, so typos of that kind might be present.] I contend that there are two kinds of economic speculation: productive and unproductive. The former refers to investments in enterprises producing goods/services: starting or expanding them…Housing3 min readHousing3 min read
Dec 3, 2022Sweeping Welfare and Social Security into the ‘Dustbin of History’a revolutionary conservative proposal for the U.S. economy [This is an overview. Details are provided in other articles* here in Medium (but not behind the paywall).] [Spellchecker disappeared, so typos of that kind might be present.] Karl Marx famously argued that quantitative differences, if large enough, can become qualitative differences…Conservatives5 min readConservatives5 min read
Nov 23, 2022A Monetary Caliphate(?)*An Islamic monetary system all Islamic nations could share. [I trust that is a picture of the Quran (and not even sure of that spelling). I do beg forgiveness if I mischaracterize Islam in any way.] According to my very limited understanding of Islam, in it the existence of poverty…Islam6 min readIslam6 min read
Nov 18, 2022How the Economy Is — and Is Not — Like a Starconstantly competing forces of expansion and contraction [Note: spellchecker somehow disappeared, so misspellings due to poor typing skills are possible.] Stars are huge, dense clouds of hydrogen (mostly), with that element being fused into other elements in their cores. That creates vast amounts of energy expanding away from the core…Money8 min readMoney8 min read