“Efficiency Money”, the Best Measure of a Nation’s Economy.
In every society’s endless search for solutions to economic problems, it’s odd that “Efficiency Money”, the best measure of a nation’s economy, has not been suggested. “Efficiency Money” shows that things are better than they appear, but only in nations that allow citizens to freely invent new things. An example of how “Efficiency Money” works: […]
We Have a New Kind of Money. It’s Based on Increased Efficiencies.
In the Western part of Pennsylvania, money used to be bits of shell turned into beads. The beads were drilled, polished, and dyed. Then, they were knotted into belts of wampum. The value was based on quality. The highest quality belts of wampum had more time spent on them. So, money was related to effort. […]
Some hate tornadoes. Others make money from tornadoes.
Some hate tornadoes. They want to destroy them. Pictures of tornadoes show funnel-shaped or columnar clouds twisting across the earth. Forces within the powerful structures are similar to the whirlpools that appear over water drains as the water runs out. If we poke our finger into such whirlpools, we find that they are delicate. They […]
Education, like Babylon, is a Bubble About to Burst.
If we want to see an indication of how badly the education bubble is bursting, we just have to look at a figure. A popular teacher at a major university has opened an on-line course with unlimited enrollment. 200,000 students enrolled. Normally, if such a class had one hundred students, those two hundred thousand students […]
Don’t Worry About Paper Money. It Keeps Malcontents Off the Streets
Many people worry a lot about the underlying soundness of money. Some are in favor of “going back to the gold standard”. Other worriers prefer silver. Most people who think “Things would be better, if only people would listen to me.” are also very worried about interest rates, usury, the Federal Reserve, over-lending of bank […]
Excessive Educational Costs
Wow! Americans owe more for student loans than for their credit cards. Double Wow!! Americans owe more for student loans than they owe for their automobiles. Convincing children to pile up debt for useless degrees is abuse. That sort of child abuse is not said to be a crime when it financially abuses children in […]
High Taxes Destroy Jobs | Hiding From the Real Economic Problem
High taxes Destroy Jobs The latest campaign mantra is “Jobs. We need more jobs. In my administration, I will focus on providing jobs.” The mantra is repeated by every candidate in every appearance. Three hundred million citizens are assumed to be reassured. “That’s right!”, we are thought to say to ourselves. “We need more jobs.” […]
Algae, a Brand New Lie
Algae, a Brand New Lie The failures of wind, solar, and bio-mass power have become so blatantly obvious they can no longer be ignored. Those on the right side of the bell curve knew since the beginning that such things couldn’t work. Now, that information has moved so far into the bell curve’s big bulge […]
The Newspaper Bubble, Like Babylon, is Collapsing
The Newspaper Bubble In 1950, newspapers sold twenty billion dollars worth of advertisements. In 2000, that amount had more than tripled, when adjusted for inflation, to a little over sixty billion. In 2011, newspapers had dropped back to selling twenty billion dollars worth of ads a year. The bubble, while it hasn’t completely broken, has […]
Private Sector Opportunities for the Viruses of Vanity and Greed
Private Sector Opportunities We are told by Moses to “love your neighbor as yourself”. Jesus said that love should be even more extensive: “Do good to them that hurt you”. Many company executives make salaries that run into the tens of millions of dollars. Their workers make between 15,000-80,000. Surprisingly few mentions are made of […]