If you do the simple math of a 50% Discount/Rebate policy at retail sale (the discount immediately doubles everyone’s purchasing power, will greatly increase demand for virtually every enterprise without costing them a cent and resigns inflation to the dust bin of history while the accounting rebate back to the merchant makes them whole on their price, and then realize that the concept behind the new monetary paradigm is also the pinnacle concept of Wisdom namely grace as in the active form and expression of love, you begin to see the wider efficacy of what could become a mega-paradigm change for humanity. Like making going to the Mall a serial opportunity to feel/experience gratitude…instead of anger, resentment, cynicism and apathy. Just visualize an economy based monetarily and conceptually on grace for a moment and then realize another deep resolving simplicity like “As a man thinketh, so is he.”

Who’d a thunk that economics, accounting and the money system wed to Wisdom might be the means of the breakthrough that both rejuvenated profit making economic systems and enabled it and ourselves to ethically ascend as well? Number of times thought translates into self actualized reality after all.

All one really needs to do is keep looking at the beneficial temporal universe and mathematical realities of such policies while also opening yourself up to looking at the benefits of aligning the economy with the relevant aspect of the deep, integrative and resolving simplicity of the concept of grace as in Gifting…until you break through any and all of the orthodoxies that new paradigms historically have always destroyed.

Oh, and finally realize that all a new paradigm really needs to win the day is a platform that clearly communicates its benefits.

All of that accounting and conclusions are valid of course….under the current paradigm for the creation and distribution of new money known as Debt ONLY. However, all it takes is integrating the new monetary paradigm of Direct and Reciprocal Monetary Gifting strategically into the Debt Only system in a way that directly, individually and universally benefits both individual and commercial agents (at retail sale and the point of loan signing with debit and credit Gifting of 25-50%. Doesn’t mean debt will be banished, just reduced enough to stop the inevitable debt deflationary crises we see occurring increasingly often. All you need to do is alter the FED’s charter to rebate the various discounts of the policies of the new paradigm back to the agent giving them.
If you can’t sell immediately and continually doubling everybody’s purchasing power, potentially doubling the demand for every enterprise’s goods and services and the absolute end of inflation with a 50% Discount/Rebate policy at retail sale and reducing the amount borrowed by another 25-50% at loan signing with a similar application of accounting…you better get out of the politician, pundit or policy making business.

That is an excellent insight Keen. Increased self awareness and hence the awareness of the reality of ethics itself is what enabled us to emerge from the overwhelming “ethic” of mere survival. It was the original progression. Historical paradigm changes are the signposts of human progress. The question to answer is what is the self actualizable natural philosophical concept behind every paradigm change and hence evolutionary progress?

The answer is the various aspects of the natural philosophical concept of grace as in love. And not just as a nice internal feeling, but love as in dynamic, integrative, innovative, progressive ACTION.

You want to evolve economics and the economy find the best ways to integrate grace as in Monetary Gifting into it. And the same goes for developing AI.

Developing a way to technologize the energy of the Quantum Vacuum.

You Must Brush Past Both Cynicism and Iconoclasm:
Cynicism has no intellectual value because it is about 5 microns above complete apathy, hence it is actually a block to needed change. Iconoclasm is a good intellectual tool, but it is generally only good in identifying problems…when solutions are the goal.

Momentarily Dropping One’s Own Orthodoxies:
True Open Mindedness is necessary, especially when one is discussing new paradigms because paradigms are the destroyers of orthodoxies on both sides of the problematic duality that the integrative phenomenon of historical paradigm changes have always converted into a Thirdness Greater Oneness of the duality under analysis. Hegel was analytically right about everything, but integration/synthesis/thirdness won’t occur when bias prevents it.

Direct Observation of The Temporal Universe Realities That The Applications of The New Paradigm Create:
As with personal orthodoxies, so does habitual abstraction often mentally prevent direct observation.

Money Is Most Basically Accounting and It Is the Powerful Temporal Universe Reality Anchoring Means By Which Private Finance Creates and Enforces The Problematic Realities of the Current Monopoly Paradigm:
Hence accounting is also the way that the new monetary paradigm anchors the new realities.

Understand That Except For Prior Cognition By The Individual New Paradigm Concepts Themselves Change Nothing:
It is only their temporal universe application that accomplishes their efficacious changes. Paradigms are APPLIED OPERANT ideas.

Reforms Are Actually Failures. Historically Everything Adapts To A New Paradigm, Not The Other Way Around. Examples:

Debt jubilee is a good reform, but CONTINUOUS debt jubilee is a paradigm change.
Social Security was a good reform, but MORE ABUNDANT and CONTINUOUS as in entire adult lifetime Monetary SECURITY is a paradigm change. Why are those words cappitalized? Read on.

What Is The Concept Behind Every Historical Paradigm Change? Test To See If The New Paradigm’s Effects Align With and Create The Aspects of That Concept:

The NATURAL PHILOSOPHICAL concept of grace. Like Greater Abundance, Continuous Dynamic Flow, (not static equilibium) Integration/Synthesis/Thirdness, and all of its other Unitary, Resolving and Evolving aspects.

As Grace Is The Natural Philosophical Concept of All Historical Paradigm Changes and Grace Is The Pinnacle Concept of Wisdom:

Wisdom Insights and Paradigm Concepts Are Basically Synonymous Phenomena, that is, they are deep effecting and resolving simplicities that change entire complexities/patterns, that is the INTEGRATION OF OPPOSITES.

Science Is Wonderful, Necessary and Intellectually Delicious…and It Exists Entirely Within The Digestive Tract of Wisdom.

The Only Level of Analysis Above The Conceptual/Paradigmatic One Is Zeitgeist/Ethic of The Age:

Because It Is the Refinement of Ethical Analysis Which is an Integral Part of Conceptual/Philosophical/Paradighmatic analysis, and is Probably the Ultimate Integrative Goal of Uniting Human Self Actualization and Temporal Universe Reality Begun When Man Emerged From The Rest of The Somewhat Less Self Aware Animal Kingdom.

Subject: Applied innovative monetary and economic policies all of the present leading reformers say they want to see, but don’t know where, when or how to implement them.

Hi, my name is Steve Hummel. I’ve been a student of all of the monetary and economic reformers and their movements since the great financial crisis in 2008. I affirm virtually all of their insights and have even innovated policies that integrate and fulfill the intentions of their opposing economic theorists. I have written a book about these policies and their very beneficial effects for all economic agents individual and commercial.

I would love to discuss these matters with you. I can be contacted at ataushumme@yahoo.com or by text message (I don’t always pick up if I don’t know who is calling) at 602 769 6832.

Nice tribute and spot on reductionist analysis. Too bad it still ignores and fails to recognize what will accomplish everything you say you want to accomplish, i.e. the end of inevitable debt deflation, making economics and the money system serve humanity instead of Man having to slavishly serve them, awakening to the importance and power of accounting in the money system and last but not least enabling the funding of energy research and the mega-projects necessary to give us our best shot at handling climate change.

And what will accomplish this? Discovering a new operant concept/paradigm and how it can most efficaciously be applied. Too simple for the erudite, too universally beneficial not to be a paradigm change.

I’ve always affirmed your research and conclusions, just tried to point you in the direction of how to actually implement them. Bitching hasn’t been very successful so far. I challenge you to run Minsky on all of the monetary and accounting policies in my book and see if they don’t resolve the deepest problems of macro-economics. I hope you can find additional ways to make Monetary Gifting coupled with accounting resolve problems than the 20 or so ways I’ve so far innovated in my book. My most recent policy even offers private banking “a proposition they cannot resist.”

Give it a shot. Resolving problems is much more gratifying than bitching because nothing ever changes.

An idea itself accomplishes nothing in the temporal universe. Implementing/applying a new operant idea i.e. a new paradigm/pattern/systemic concept however… accomplishes miracles for every individual and commercial economic agent and destroys present orthoxies left and right.

Here’s where, when and how to implement the new monetary paradigm:

1. Everyone participates in retail sale, thus it is the single agent aggregative point in the entire economic process. Its also a universal point of monetary exchange.
2. As retail sale is the terminal ending point of the entire legitimate economic process where production exits the economy and becomes consumption all economic factors, for instance inflation, are terminally summed.
3. Hence a 50% Discount/Rebate monetary policy at retail sale immediately doubles everyone’s purchasing power (a $10 Burger would retail for $5, a $60k Tesla for $30k and a $400k house for $200k), ends inflation forever and also potentially doubles the demand for every enterprise’s goods and services.
4. The point of loan signing is post retail sale and hence is actually outside of the entire economic process, that is, it is , even within the economic process itself, always pre-production or post retail sale.
5. By implementing a 25-50% Gift/Debt Jubilee policy at point of loan signing where for the gift of half the interest on the $200k house the bank agrees to reduce the loan to $100k.

As voters always vote their pocketbooks these are the most winning policies any candidate could possibly advocate for.

Addendum: To assure the above realities recall elections will be set up prior to the election itself and candidates on both sides of the aisle will have to sign in their own blood and on tape that if they do not pass the above policies and the associated policy program AS THEIR FIRST ACT IN CONGRESS, they will face an immediate recall against a candidate that doesn’t lie to win.

Birds sensing the electro-magnetic flux going on continuously around us via the protons in their brians has a direct human spiritual analogy. When Christ said “if you want to enter the kingdom of heaven you must be as little children.” Did he mean we should just ignore all problems. No, what he meant was experience the world around you directly and without abstracting the experience of the moment by being here NOW…exactly like a child who hasn’t learned words and whose consciousness exists completely in the moment. This also why zen buddhist monks gaze at walls. They’re trying to let loose of their abstractions and past moments they are hanging onto the better to experience the present reality. The most important point to this is that directly experiencing the present moment is simultaneously an utterly natural and also the highest ecstatic experience one can have. Its the ultimate integration of opposites, i.e. your inner consciousness and the otherness all around you.

Minsky’s financial instability hypothesis which you Steve Keen advocate/prove is correct and historically has been the deepest reason for empires to invade their neighbors. Couple that with the facts that the monetary paradigm for the creation and distribution of new money is Debt Only and hasn’t changed for the entire course of human civilization, and the ignorant bias that you can’t give money DIRECTLY TO THE INDIVIDUAL unless its debt…and unresolvable austerity is enforced. The new monetary paradigm of GIFTING DIRECTLY TO BOTH THE INDIVIDUAL AND ENTERPRISE strategically implemented at retail sale, the point of loan signing and other efficacious points in the economic process is the solution to the MONOPOLY CONCEPT of Debt Only. Finally, system’s analysis is all well and good and helps isolate THE PROBLEM, but paradigmatic/applied conceptual analysis focuses on THE SOLUTIONS to that problem and leads to not just reform, but to ENTIRE PATTERN CHANGE. Try it, you’ll like it.

Debt IS the problem. Why? Because its a monopoly paradigm concept. The solution? Integrate its conceptually oppositional idea, Monetary Gifting strategically into the economy where it will have universal monetary and economic agent effect like at retail sale and point of loan signing. By the way the cardinal signature of every historical paradigm change is that the new paradigm is always in complete conceptual opposition to the old/present anomalous paradigm. Debt jubilee is a great idea, but its a one off that doesn’t rise to the permanent effect that paradigm change has. So thats why we need CONTINUOUS debt jubilee at point of loan signing.