…a reflective yet fragmentary/data type of breakthrough experience and insight to the integrative paradigmatic insight of realizing that the money, pricing and accounting systems are all digital, that the point of sale throughout the entire length of the economic/productive process is a temporary summing point for all costs and prices for any item or service, that retail sale is the terminal summing point for same, plus both the terminal ending point of the entire economic/productive process and finally the terminal expression point for any and all kinds of inflation…..and thus a 50% discount/rebate policy, that is applying equal amounts of debits and credits at these points, can double everyone’s potential purchasing power, double the amount of money available for any enterprise’s products or service….and thus transforms the present paradigm of scarcity/austerity/haltingness into abundance/luxuriousness/free flowingness.

…because this is what a paradigm change is.  It’s a single mentally discriptive concept that also integrates into and transforms virtually an entire new pattern. It’s the new idea (“highness”) that guides policy (“lowness”) and makes it transformative and evolving in qualitative and quantitative ways.

Current economic thinking, even amongst the “cutting edge” heterodox still fails this definition, largely because they lack the philosophical and historical bono fides necessary to see the reflectivities in these areas and in the area in which the new paradigm applies. But even more importantly they lack the consistently integrative mindset that takes data-knowledge, sees its wholistic possibilities and then can craft policies that perfectly align with and effect….the single concept that is the new paradigm.

Thus even though their abstract abilities may be stellar (“high”) their wisdom/depth of understanding/mental follow through/policy effectiveness (“low”) remains fragmentary, incomplete and blinkered so far as paradigm perception is concerned.  This despite advocating policies that actually reflect separate aspects of the paradigmatic concept! I cannot tell you how many times I’ve seen this handicap in otherwise brilliant people. They simply do not seem capable of crossing the paradigmatic Rubicon.

Paradigm perception is the sine qua non human and scholarly capability.

[ ( separateness x oneness)  <–>  the dynamically integrative state of both separateness and oneness at the same time known as grace ]   ….which characterizes the temporal-physical universe in reality….instead of the maya-illusion of the ultimate reality of only one or the other.

Scientists, ponder grace from T. S. Eliot: “We shall not cease from exploration, and the end of all our exploring will be to arrive where we started and know the place for the first time.”

Religious people, ponder grace as an experience not just a moral imperative. You’ll see god sooner and in even greater joy and glory.

So both of you, don’t be dumbshits. Right along with girding yourselves with your various wisdoms ponder its highest concept and experience, grace…..which integrates and resolves all things inward and outward.

Or you could implement the monetary policies of a universal dividend and high percentage discount/rebate policy throughout the entire economic process at the point of sale as well as at retail sale which is not only the terminal summing of all costs and so prices for every consumer item and service and last but not least the very expression point for any and all forms of inflation. That way a $1000/mo dividend with a 50% retail discount creates $2000/mo worth of purchasing power for everyone 18 and older….even if they don’t do a lick, and if they have even part time employment of $20,000/yr that means a two person houshold would have $4000/mo/48000/yr in dividend and $20,000 x 2 = $40000 x2 with the discount/rebate or $128000/yr in total purchasing power. So every family could probably rather quickly and easily be able to have both a permanent and vacation home….and the rental market would be able to “wither away”.

And remember a home is the RETAIL product of a home builder so a $200k home would only cost the consumer $100k. Kinda hard to manufacture asset inflation…..with a 50% discount/rebate policy at retail sale.

…is analogous to the present time purposeful experience of enlightenment known as satori and atonement and retail sale is analogous to samadhi and the continually free flowing state of grace.

Samadhi and grace are the end purposes of human life and living, and reflectively of the purpose of economics, namely the process of production and consumption/its beginning, changing and ending.

Profit is abundance and joy in it, reflective of the same as is experience and learning in life.

Grace is a dynamically interactive/integrative act of balance, flow and oneness the same as the temporal/physical universe and our consciousness are.

These are the reflectivities of Wisdomics-Gracenomics.

Apathy, cynicism and even eventually doubt, in the pursuit of the permanent good of a paradigm change is irrelevant, errant and a missing of the mark.

Pursue paradigm perception and paradigm change like it was a lost son or daughter.

And ponder long sentences. 🙂 It’s worth your time.

The master economist must have paradigm perception of both the old and new kind. Economics suffers from being long buried in the old paradigm. Hetrodox economists have correctly critiqued a lot of the old paradigm, but mentally and theoretically they still live within it. They’re so close, perhaps too close to recognize the single concept that will form the entirely new and transformed pattern. It takes stepping completely outside of the old paradigm…even of its most holy of holy cows…or an outsider who can see all of the value in heterodoxy yet does not have the mental baggage of hidden orthodoxies, taboos about where to look for solutions and whose intellectual curiosities even outside of economics enables that closer and more clarifying look.

****************************************

What if there is a relevant and aligned natural philosophical concept around which one could understand, craft and pin point economic and monetary policy that not only resolved the paradox of thrift and the quantity theory of money, but even the fallacy of composition….because it is in fact the most basic, omnipresent and yet subtle reality upon which the woof and warp of the physical cosmos is composed.

Economic and monetary alignment with the aspects of cosmic natural and temporal alignment itself…..would be a pretty deep “thing”. And that’s because Wisdom as a set encompasses science and even makes it good and innovative science.

*******************************************

Trump, Bannon, populists in general “think” by bashing ideas together and “thinking” that a better situation will result from it. They are the worst of reactionaries, disintegrationists and merchants of chaos. Unfortunately conservatives/libertarians vainly hope for the best because they partially agree with populist’s agenda and liberals know only conflict….because they are generally almost as reactionary as the conservatives, libertarians and populists…instead of being integrationists, i.e. wise enough to combine only the particles of truth, workabilities, applicabilities and highest ethical considerations in all of these opposing perspectives.

Trade wars like actual wars are conflicts, disintegrative events, attempts at overt and covert/unconscious domination. Better to create a thirdness greater oneness by applying aspects of the highest concept of wisdom, grace, in relevant ways to the economic and money systems.

The way to end the seeming necessity to be either a currency manipulating reserve currency or an export platform is to make the domestic economy so abundant and profitable via the policies of the new paradigm of Direct and Reciprocal Monetary grace as in gifting that the “need” to exploit one’s neighbor recedes.

Economists need to heed the insights of T. S. Eliot: “We shall not cease from exploration, and the end of all our exploring will be to arrive where we started and know the place for the first time.” and Thomas Aquinas: “The end of my labors has come. All that I have written appears to be as so much straw after the things that have been revealed to me.”

After all wholeness, completion, newness, nowness/presence, abundance and direct and reciprocal monetary gifting are all relevant economic reflectivities and aspects of the concept of grace.

Is tying direct and reciprocal monetary gifting policies to the point of sale throughout the entirety of the economic/productive process and also at its terminal ending point at retail sale.

That’s it. When you see the effects of the dividend and discount/rebate policies costlessly raising aggregate individual income and simultaneously lowering prices….the scales fall from your eyes.

*********************************

Posted To RWRE Blog 06/21/2018 regarding microfoundations in economic theory:

Look at the micro-foundational tool of double entry bookkeeping, decipher the digital and economic significances to be found within it and within the pricing and money systems and then play out the temporal universe effects of the policies I’ve posted about here….and voila!

which Douglas discovered via the opposite direction via the study of the data of double entry bookkeeping, applying calculus to that data and then crafting policies based on the digital realities of the pricing, money and accounting systems….that would have stabilized modern economies much more effectively and thoroughly than Keynesianism did.

The one thing Douglas and Social Crediters (and even heterodox economists today) did not see was that instead of only filling “the gap” it was necessary to over flow it via a high percentage compensated retail price policy….what I refer to as the discount/rebate policy….and that this would raise a merely superior economic theory to the level of paradigm change.  And any other lesser monetary or indirect policies are merely old paradigm “epicycle perturbations of the orbit of Mars.”

And my book Wisdomics/Gracenomics: The New Monetary and Economic Paradigm outlines the implementation of that new paradigm.

******************************

CB:  Craig: “And probably the biggest/most telling signature of a paradigm change is elegance, simplicity, effectiveness and the mirthful reaction to recognition of the new paradigm of: “Why didn’t I see this before, and why did it take 10 or 5000 years to see it.”
ONE BOOK -ONE AUTHOR ***What irony…IT’S Free Download***
“There never was an idea stated

that woke men out of their stupid indifference

but its originator was spoken of as a crank.”

— Oliver Wendell Holmes, Sr.

(1809-1894) American Poet

“In four books written from 1921 to 1934, Soddy carried on a “quixotic campaign for a radical restructuring of global monetary relationships”[this quote needs a citation], offering a perspective on economics rooted in physics—the laws of thermodynamics, in particular—and was “roundly dismissed as a crank”

Me:  Yes Soddy was so labeled by the “authorities”. And some of his ideas were closer to the truth than neo-liberalism’s stupidity of money being “a veil over barter”. (However, fractional reserve banking is fallacious as well.)

C. H. Douglas had the problematic ratio of moment to moment macro costs/prices as a flow, being greater than the simultaneous flow of available individual incomes way back in 1928 and so way before Minsky-Keen who have re-discovered Douglas’s A + B theorem. Same thing goes for UBI which has become popular lately. Nobody has any idea of the compensated retail price idea and policy that Douglas being a very astute observer and thinker derived from double entry bookkeeping….and which I have extended and innovated to raise it to paradigm changing effect.