The economics profession is ripe for a paradigm shift. Anomalies proliferate with an increasing number of economists searching for a more valid, reliable and helpful approach, whether it is adjustments in GDP, neoKeynesianism, critical theory, monetary reform, or more sublte changes such as modifying "scarcity" to mean "limits." This little book offers an example of what economics could be with money clarified as never before as a medium of communication whose job is to promote reciprocity...

Postcards sent to Congress and other leaders advocating a money supply based on citizenship rather than debt. It includes a series of SOS postcards to save our ship by decelerating production, calibrating money in hours of work, elevating citizenship by making ownership of the money supply a right of citizenship, and setting a maximum wage of no more than four times the minimum wage.. It advances the idea that good government empowers citizens to govern themselves. The government that gove...

The focus in Congress today is on taxes, spending and borrowing. Benjamin Franklin, Abraham Lincoln, Henry Ford, Thomas Edison, and many others, believed that the Federal Government should issue the money of the Nation, not borrow it. This little book documents their views and traces the history of a movement, called Sovereignty, to get Congress to lend new money to state and local governments to build and repair infrastructure including schools and to pay down existing debt.The boo...

The rules of Lifetime Economics are: 1. Value in use time, 2. Price in work time, and 3. Profit in free time. Economics as we know it today has departed so far from reality that it needs to be replaced. Lifetime economics is intended to do that, bring economics back down to earth. Learn here the meaning of real capital, real debt, real investment, and real Gross Domestic Product.

The Most Wealth explains how we can achieve full employment and genuine social security with more free time to realize our natural destiny on earth, well-being and free time to enjoy ife. The key is understanding money as a medium of communication that exists to insure that we all share the work and share the wealth.

The "pen of history" tells us that the root of both public and private debt in the United States goes back to the founding of the Bank of North America in 1781 in the closing days of the Revolutionary War. Since then, total debt grew at an average annual rate of 7.9 percent from $2.5 million in 1781 to more than $80 trillion in 2015. The cause: money that originates as a debt owed to banks. People at the time understood that money built on debt was a bad idea, but they were unable to stop ...

It may be hard to believe, but it is nonetheless true that the iceberg of debt that we are looking at today was caused by the decision of framers of the Constitution in 1787 to deny Congress the power to issue paper money, called at the time "to emit bills." The First Congress followed in 1790 by giving the power to create money to private banks. These decisions, as explained in the book, caused debt to grow from $70 million in 1790 to $70 trillion in 2010; that's one million times larger....

This booklet explains why the money supply of nations must be based on citizenship rather than debt. It shows with "the pen of history" that debt in the United States grew to the astronomical size it is today as a direct result of the decision made in 1781 to have money originate as interest-bearing debt. It proposes that money be understood as citizen shares, not to be bought and sold to make money, but as money itself and that those shares be given to citizens when they register to vote ...

In this book you will learn the money facts that can make money work better. The key is understanding money as a medium of communication that strangers use to cooperate. The economic simulation, Cooperation: The Wealth of Nations Game shows that an economy with money created debt-free and its value defined in work time is superior to barter, socialism, and capitalism in producing economic well-being. It explains why capitalism can't stop and how economic democracy is the natural next step ...

The money supply of the United States has two design defects shared by nations around the world; it is issued as interest-bearing debt and its name, "dollar," is undefined.The series of postcards described in this book were sent to leaders of government as well as economists and sociologists to encourage them to read the books mentioned on the postcards so that they can correct those defects. Then money can work properly, helping us to share the work and share the wealth to everyone...

Simulation of barter, socialism, capitalism, and a system called autonomy with Cooperation: The Wealth of Nations Game played and graded by university students in a sociology class results in a C for barter, a B for socialism, an F for capitalism, and an A for autonomy. The game in computer form is available free, so you can examine and judge each system yourself.

(Note: This material appeared previously in "Chum For Thought: Throwing Ideas into Dangerous Waters" by the same author.)This historical essay, drawn from the deepest jungles of Uruguay in South America, examines the creation of a flourishing culture and economy that lasted for almost two centuries. It explores the guided development of a virtuous web of social and economic controls that mixed the philosophy of Catholic Jesuit missionaries with the traditions of the native Guaraní ...