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Sustainable Growth?
Can growth be sustainable? Free giveaways generate buying. Chris Anderson, in a recent article in Wired Magazine, rejoices in the idea. He perceives a new business paradigm in this form of selling....
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Understanding hindered.
The image shows one of the stepping stones leading to my house. In mixing the cement I asked myself, “What words deserve being set in stone?” My choices are set in stepping stones. They are...
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Whence money?
Where does money come from? Up to even 100 years ago a large fraction of people in the world lived without using money! Most people managed on subsistence farming and barter. Or they were peasants or...
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Exponential Growth
Living cells multiply. Their number grows exponentially. The more there are the faster they increase. An exponentially growing population has a doubling time: the time it takes for the population to...
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Save Prosperity
Save Our Prosperity. Tax Ourselves The essential premise: Prosperity is desirable. Austerity is undesirable. Everyone wants prosperity. Austerity brings violence and unrest. What is prosperity?...
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Tax Stock Trades
A Sales Tax on Stock Market Trades Can Balance the Budget You buy a pair of shoes. In most states if the price is $50 you pay about $55 to buy them. The extra amount is sales tax. Sales taxes range...
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Money Mechanics
Money: Nutshell Mechanics and the Significance of the Debt Ceiling Premise: Government functions. It does things. It must pay for its buildings, for roads, for its military, for its functionaries, for...
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Right Wrongs
Drowning in the ocean of injustice. Context: An atomic bomb was dropped by the U.S. on Hiroshima, Japan in August of 1945. This event was the critical one which ended the Second World War. Some claim...
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Bubbles
Irrational Exuberance In a lovely talk to the Concept Exchange Society, economist Daniel Friedman told us about financial markets. He said that a financial market is a “marketplace where promises are...
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