tag:blogger.com,1999:blog-2761684730989137546.post56281794038787427..comments2024-03-28T07:50:06.102-04:00Comments on Mike Norman Economics: There's boundless hope - it just requires indirection.mike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-2761684730989137546.post-20733054734450897842013-12-06T20:55:22.693-05:002013-12-06T20:55:22.693-05:00It's increasingly clear what to achieve. Even ...It's increasingly clear what to achieve. Even MORE Democracy, in constantly bigger populations. <br /><br />There's just no clarity on how to re-"shape" our constantly growing numbers into achieving, and then maintaining it? :)<br /><br />Solution? Set up platforms that recruit the constantly expanding masses, and allow the task to be turned over to them? <br /><br />Crowd-sourcing democracy? Wotta concept! :)<br /><br />Crowd-sourcing scalable democracy?<br />.. Tougher every 9 months!!!<br /><br />Roger Ericksonhttps://www.blogger.com/profile/17515506247888521516noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-65872345905528512232013-12-06T14:31:04.413-05:002013-12-06T14:31:04.413-05:00This comment has been removed by the author.Roger Ericksonhttps://www.blogger.com/profile/17515506247888521516noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-6459691491165132922012-05-04T17:35:44.431-04:002012-05-04T17:35:44.431-04:00With the cultural transition to a fiat currency sy...<i>With the cultural transition to a fiat currency system</i> The key cultural transition happened millennia ago. All money is fiat money. Bad economics imposed purposeless & destructive constraints on it.<br /><br /><i> Sure, currency becomes useless as a stable store of value, since - by definition - fiat floats subsequent to public initiative.</i> Quite wrong. When a government stops backing a worthless commodity like gold with its intrinsically valuable fiat money, it can become a better store of value. <br /><br />After Nixon followed in Lincoln's & FDR's footsteps & closed the gold window, dollar savings worldwide grew enormously. <br /><br /><i>It's puzzling to wonder why that system-agility aspect of a fiat currency system isn't made obvious to students early on, say in their first high school or middle school algebra class. </i> More or less, it already is. Everybody understands MMT in grade school or earlier. The problem is that as "education" proceeds, heads are increasingly fuddled by nonsense, culminating in the absolute nescience of the modern "economist".Calgacushttps://www.blogger.com/profile/06031818010224747000noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-24018905686333306822012-05-03T13:52:42.585-04:002012-05-03T13:52:42.585-04:00@ Tom Hickey
"Why are we getting such bums a...@ Tom Hickey<br /><br />"Why are we getting such bums and even sociopaths at the top?"<br /><br />System theory says it's a simple consequence of not getting young students enough early exposure to & PRACTICE AT pursuing return-on-coordination. <br /><br />That's why a larger than expected proportion of team athletes do well in business & finance. They're well versed in, practiced at & comfortable with the payoff of team effort.<br /><br />Short answer: Our elementary schools have to change focus dramatically, and soon.Roger Ericksonhttps://www.blogger.com/profile/17515506247888521516noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-65087712751071369612012-05-03T13:40:22.573-04:002012-05-03T13:40:22.573-04:00Roger, if this had been put up elsewhere, I would ...Roger, if this had been put up elsewhere, I would have link to it here as must-read. Great job.<br /><br />I would have to say, however, that "throw the bums out" doesn't imply they won't just be replaced with new bums.<br /><br />The political selection process is skewed, as well as the academic selection process, since they favor the institutionalization of bummery. This is the fundamental issue to confront. Why are we getting such bums and even sociopaths at the top?Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-87560638810682862562012-05-03T13:16:36.897-04:002012-05-03T13:16:36.897-04:00I love that Benjamin Franklin article: "The N...I love that Benjamin Franklin article: "The Nature and Necessity of a Paper-Currency". I'll put a summary of it on my blog in a day or two for those who haven't time to read the whole thing.Ralph Musgravehttps://www.blogger.com/profile/09443857766263185665noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-22297523527700487632012-05-02T21:27:52.286-04:002012-05-02T21:27:52.286-04:00@farmland investment
"much of the Eurozone i...@farmland investment<br /><br />"much of the Eurozone is now currently ruled from Berlin and Frankfurt!"<br /><br />Yes, pretty much.Roger Ericksonhttps://www.blogger.com/profile/17515506247888521516noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-43381658764869147742012-05-02T21:27:02.438-04:002012-05-02T21:27:02.438-04:00@Chewitup,
the form of term limits already avail...@Chewitup, <br /><br />the form of term limits already available involves self-imposed limits on credulity by the electorate. It's a simple choice. Use it. Don't vote for ANYONE who's a member of either political gang ... er .. party. <br /> See what happens. Could it really be any worse? If change is needed, just do it.Roger Ericksonhttps://www.blogger.com/profile/17515506247888521516noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-19331730923489834012012-05-02T17:01:03.245-04:002012-05-02T17:01:03.245-04:00"If we wanted to let someone else dictate how..."If we wanted to let someone else dictate how much currency could be in use - regardless of the volume of transactions waiting to be denominated - then we needn't have bothered with the 1776 Revolution, and could have remained placid subjects of some foreign royalty." Ah, you mean like much of the Eurozone is now currently ruled from Berlin and Frankfurt!farmland investmenthttp://www.greenworldbvi.com/alternative-investments-options/agricultural-farmland/noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-51312612487685928952012-05-02T16:09:24.560-04:002012-05-02T16:09:24.560-04:00Term limits!Term limits!Chewituphttps://www.blogger.com/profile/05912166063718393059noreply@blogger.com