Why not apply to economics and the money system the same illogic that Gallileo (and every other person who originally suggested a new paradigm concept) did. Historically its worked everytime: unconscious survival at all costs to self awareness and reality of ethics…nomadic tribal hunting and gathering to homesteading, urbanization and agriculture…salvation via Roman Catholic sacraments Only to the Protestant Reformation.

Here, I’ll help you a little: New money can only be created as Debt to strategically integrating Monetary Gifting into the economic process at points where everyone (macro-economically) participates…and how about the new economic moral paradigm from…the individual must personally pay full retail price and must personally fully repay indebtedness Only to strategic Monetary Gifting.

New paradigms: always logically and conceptually absurd…until they’re THE answer.

The problem with MMT and “a new economics” is they are preaching to a very small choir. That plus they do not analyze on the conceptual level only the systemic factor/problem level. As I have said many times here systemic analysis is all well and good, but it is no where as deep and effecting as conceptual/paradigmatic analysis. Dr. Keen occasionally throws the word paradigm around, but thats as far as it goes. Finally, if money is the core economic problem then recognizing that “free” market theoretics is a complete misnomer, that is it is actually merely a framework for unstable financial chaos to dominate and be the only agent to emerge unscathed from periodic crises. For humans and human systems there is only freedom amongst know and enforceable barriers. You don’t want total freedom which again is actually chaos you want universal relative abundance and free flowingness and the new monetary paradigm of Gifting strategically applied and regulated is the vehicle MMTers and Dr. Keen seek.

If C. H. Douglas could create the world wide movement of Social Credit with a palliative policy of a low percentage compensated retail price then a 50% Discount/Rebate policy at retail sale and a reflective 50% Gift/Debt jubilee at point of loan signing could be the paradigm changing duo the mass of humanity needs.