…always a new awareness. It’s “Oh yeah, staying in one place and practicing animal husbandry and rising crops is a superior and more abundant way to survive than nomadic hunting and gathering!” It’s “Oh yeah, the sun is the center of the universe not the earth?” It’s “Oh yeah, machine production of information is far more productive and generally informative than handwritten production is.” And it’s also in the present case, “Oh yeah, Direct and Reciprocal Monetary Gifting is a more humane, more equitably distributive and more fair and sane way to distribute money and make the economy and money systems function and serve us than the current paradigm of Debt Only.

…scarcity of actually available individual income NOT total money in the system. The system requires lots of money circulating in order to pay the costs of enterprise, but the solution to the economy’s balkiness is found in making individual income abundant without causing inflation. And that is precisely what the 50% discount/rebate policy does in spades.

The cosmos flows. It cannot be stopped….except for a moment, a conscious exquisitely powerful, enlightening and empowering moment.

Being actual you are inextricably embedded in the flow of the cosmos, and if you try to stop flowing with it the absolutely necessity of embracing its flow rapidly becomes apparent. Try to stop breathing. Even cheat and take a deep breath first. Soon you will realize that the flow of your breath inward and outward is the most important thing to you….in the entire cosmos.

Becoming conscious of your breath, your breathing in every moment as it flows and as the necessary and relaxing experience it is can help you to enjoy and place things in their proper perspective. It can also help you understand how consciously enforcing or unconsciously allowing non-flow is contrary to the deepest reality of the cosmos and has negative effects. The money system and how it affects the economy is an excellent example. It being everything, abundance is an aspect of the cosmos. Thus an abundance of money strategically produced and modulated and regulated toward rational purposes and goals will create flow and even effortless free flowingness which approaches the ideal state of the cosmos. Creating abundance in the money system and economy approaches this state of free flowingness and enables Man the freedom to choose to regulate that abundance in a way that recognizes the other realities on earth that being a closed system must be respected.

Radical uncertainty is obviously true, but so what? If you’re an entrepreneur and you’ve done your due diligence etc. you act. The thing to do in economics or any problematic situation in any other body of knowledge is not get obsessed with problems, but search for a relevant and new solution. Orthodoxy is a trap and obsessive iconoclasm is probably an even more devilish trap.

The actual operation of all new paradigms are basically very simple, but visualizing the new paradigm is almost impossible without first finding the new concept that defines it. After that is recognized the rest of policy formation is a straightforward rational process. Of course you have to wade through and endure all manner of being ignored, doubt, misunderstanding, non-comprehension, orthodox invalidation, heterodox timidity and mankind’s penchant for reforms and palliatives instead of the freedom of actual solutions. You have to live and advocate bravely and with as little ego reaction to the aforementioned mental shortcomings as possible.

Wisdom/Natural Philosophy is the best integration the ideal and workable, thought and action. Economics would best be the study of wisdom as it relevantly applies to that body of knowledge. A Wisdomics would be both what is most effective and what best served man, not the presently confused scramble for wealth dominated by the illegitimate business model of finance that is even more obsessed with wealth and power.

If you act/implement relevant policy at the terminal ending point of an immutable and cumululative cycle, you can resolve with reality changing and even paradigmatic power.

Steve Hummel 04/25/2019

Here’s an ontology for you: the cosmos is a continuing abundant, interactive, integrative flow of everything through time. That is its beingness. It’s so powerfully true that you can’t stop it from flowing. This was identified in the rig veda by the much wiser and much more scientifically disciplined sages of that time, and from which we have devolved.

This fact has elsewhere been identified as the cycle of action of the physical universe. There are within that macrocosmic reality many cycles that reflect it, and the component parts of those flows/cycles are start, change and stop. If economists would study this cycle with an eye to where it stops they might have a very powerful cognition.

Look, we don’t need another regurgitation of already affirmed and confirmed heterodox critique of present orthodoxy. We need action that has a clear vision forward toward change. That is what everyone here beside myself lacks. I’ve heard Steve Keen say over and over that we need a new paradigm, or a new philosophy in economics…and then go right back to critiquing the orthodox. I’m not against that, but we have to move forward. The truth is no one knows how to move forward with confidence BECAUSE THEY DON’T KNOW WHAT THE CONCEPT OF THE NEW PARADIGM IS. HENCE THEY CANNOT VISUALIZE IT AND CRAFT POLICY AROUND IT.

Unconsciousness is a mental immovable object unless you know how to break through and dispel it. Even Steve Keen whose main critique of DSGE is it ignores money, debt and banks looks directly at the main components of the present paradigm….but still doesn’t know how to discern the new one. If you read my book you learn the historical signatures of all imminent and accomplished new paradigms so you can use them to discern the new one.

Enough with mere intellectualism. We need action, enlightened and wise action.

If a person pays to purchase a bond with their own money they get that money back when the bond is paid. If they borrow to purchase it they of course need to pay whatever balance is left on such loan. If a bank or central bank creates money to purchase a bond and it is paid off that money goes “poof”.

The money creating function of private finance is misguided, unnecessary, dominating and ultimately de-stabilizing of the economy. We must have a publicly administered national/central banking system and policies that implement the new monetary, financial and economic paradigm of Direct and Reciprocal Monetary Gifting in order to have a humane economy, a money system that truly serves us instead of dominating us and in order to be able to finance human and planetary survival.

Wisdom/Religion and economics are complementary studies in that the one is about philosophy/thought and the other about policy/action. What they both require is their integration. Faith without works/acts is dead, and wealth without ethics is equally deadening and leads to preoccupation with power rather than love and its active form known as grace which is the object of the truly balanced mind.

Wisdom/Religion is all about everything causitive you create in your self and economics is what forces us to direct the majority of our time, effort and attention in the temporal universe. An economics truly based on and aligned with spirituality is the next major paradigm change for humanity and will finally close the circle that has kept mankind less than consciously whole and unable to maintain the interactive and integrative state known as grace.

Let us have a Wisdomics-Gracenomics which finally and truly integrates ethics into economics and builds the bridge upon which mankind finally exits its troubled adolescence and fulfills its true species designation, homo sapiens sapiens, wise and discerning man.