Actually, it’s time economists started advocating specific policies that are pinpointed to resolve modern economy’s chronic and inherent problems. Good luck with that, because they’re almost entirely stuck in abstract theoretical and mathematical abstractions and hence miss very significant economic insights available by simply looking, that’s literally looking at… commerce, what occurs there and how fiscal and monetary policies could be best effective at certain points in the economic/productive process.

Steve Keen has done an excellent job of debunking neo-liberalism, a task probably deserving of a Noble Prize itself, and yet C. H. Douglas declared the economic system in an inherent and continual state of disequilibrium almost 100 years ago.

MMT has the mechanics of money creation correct and is anti-austerity which is the correct attitude, but it has no way to combat demand pull/creep inflation, relying too much on a new liberal orthodoxy that inflation will not occur with a large increase in governmental, especially when/if the huge debt overhang is eliminated. C. H. Douglas was anti-austerity with his citizen’s Dividend and had a means of reducing costs and prices with his compensated-rebated retail discount, so again he was way before everybody in this respect.

Austrians believe in deflation which is a good idea if it didn’t make an already austere and financially rigged system an even more painful and bankruptcy fraught fait acompli. Again, Douglas’s Retail Discount policy can eliminate inflation and with continued innovation and AI perhaps accomplish some price deflation.

Social Credit had all of the theoretical fallacies and deepest systemic problems correctly spotted and intelligent policies as per above for their resolution.

Wisdomics-Gracenomics is a more complete exegesis of the philosophical concept behind Social Credit and is an extension of its policies that conforms with quantum physics, the laws of thermo-dynamics and pushes past perhaps Social Credit’s slight orthodox adherence to equilibrium, which is static and so not truly flowing, with abundant levels of its dual policies that accomplishes true free flowingness and a grand integration of all four of the previous theories above.

Bail out the individual with a debt jubilee of $50,000-100,000 where they MUST apply it to debt and then integrate Social Credit and Austrian economics with a universal dividend to everyone 18 and older and a discount of 40% at the point of sale of each business model’s “retail product” including retail, that is rebated back to the enterprise by a separate monetary authority specifically mandated to do so….and step back and enjoy long term economic stability and prosperity.

[ (Religious Beliefs x Scientific Beliefs)  <–>  Spirituality, i.e. focus on/self actualization of the ideas and experiences behind and pointed at by religious and scientific beliefs ]

Me:  Excellent. Except no mention of the discount which is the key to the business community “buying into” a social credit system and to preventing any demand inflationary creep. The dynamic balancing effect of the dual policies is genius.

JS:  Yes, people tend to focus on the dividend and ignore the rebate. I think the purpose was to contrast basic income with the dividend.

Me:  Yes, distinguishing that difference and why it should not be financed via re-distributive taxation is important, and yet the effect of the discount is even more important for the two reasons above and more….and virtually no one has recognized it except social crediters. Social Crediters should trumpet this in order to distinguish themselves from reformers who only talk about half of the needed policies. Even the smart economists like Steve Keen and Michael Hudson do not have the pinpoint insights of cost accounting that Douglas had and so they miss the significance, workability and beneficial effects of the discount. Hence their vision is not clear and complete. Iconoclasm (Keen) and railing against finance (Hudson) are all well and good, but “without (a complete, wise and fully workable) vision the people perish.”

An abundant universal Dividend to everyone 18 and older, a high percentage discount to the “retail” product of every business model to its customers/consumers and a rebating back of those discounts to the discounting enterprise.

(1, 2, 3)  = trinity-unity-oneness-wholeness

(1,2,3),1….  = flow/free flowingness

[ (1 x 2)  <–> 3 ], [ (1 x 2)  <–> 3 ] ….  =  An Integrated Duality Within A Trinity-Unity-Oneness-Wholeness-Process AKA Grace

Ptolemy’s epicycle theory was complex, swapping the position of the earth and the sun was its simple, gracious and powerful solution.

Neo-liberalism is complex, conflicted and a paradigmatically dominating financial and monetary problem, the new economic and monetary paradigm of Direct and Reciprocal Gifting is its gracious and powerful solution.

Life is complex, sometimes frustrating and difficult to understand and resolve, and the prayer “God grant me the serenity to accept the things I cannot change, the courage to change the things I can, and the wisdom to know the difference” is its gracious and yet powerful solution.

Integrated Duality Within an Integrative Thirdness-Oneness-Wholeness is the signature of the wise alternative, enlightenment/awakening, flow/free flowingness, dynamically resolving power and action/process amongst many other aspects, and it is also the anatomy of Grace.

J:  “That kind of continually positive experience could help self actualize graciousness and raise both the rationality and sense of ethics of the entire species.”

Sounds like an attempt to remake man into an image of something else which is bound to fail.

Me:  Not really. It’s simply a recognition of the fact that “as a man thinketh, so is he.” I’m not making man out to be an angel, he’s basically good but flawed, and aligning our systems with the natural concept of grace, especially a system that impacts us daily if not continuously, could only aid in the self actualization of graciousness.

Yes, it’s that vast and that significant.  Why?

Historically, aspect(s) of the philosophical the concept of grace are directly associated with every step of genuine human progress.

Every paradigm change is a new human cognition about the applicability, workability, ethical ascension and problem resolving power of an aspects(s) of grace.

Quantum theory is science struggling with consciousness itself and consciousness/self awareness is completely synonymous with the experience of the state of grace.

Wisdom is the very process and result of the integration of the truths in opposites, and grace is the pinnacle integrative/continually integrating concept and experience of Wisdom.

Cosmologically we and everything exists within a black hole (or even more likely an expanding plasmoid) in which space, time and what we perceive as the physical universe is an expanding exteriorization/exteriorizing of the primary reality which is consciousness. It’s all connected/integrated/integrating on the primary level and in the final analysis we are simply its extrapolation with a lot of very interesting, beautiful and beguilingly apparent randomness tossed in.