All Economic Reforms and Theorizing Are Mere “Epicycles”

I understand this is anathema to the economist of scientific and mathematical mind, and even of the most iconoclastic reformer, but historically paradigm change has always been of such depth and breadth of transformational change that…that is exactly how such tinkering appears once one sees the paradigm change.

In no way is this any put down or discouragement of further scientific research or of science’s necessity, nor is it any advocacy of some sort of parochial or sectarian religious dogmatism. It is the advocacy of the integration of the scientific method and aspects of human wisdom-consciousness which has always been the signature of scientific breakthrough.

The Complete Problem and Complete Solution To Monetary Policy …

…is that macro-economists are off in abstract mathematical and theoretical fugue instead of looking directly at the operation of daily commerce and deciphering from those daily operations the places and times that will make monetary policy effective in resolving the most basic and inherent problem of the modern economies which is that it they continually create a scarcity ratio of total individual incomes to total costs and so prices.

Discovering these places and times and implementing monetary policy exactly at them will cut through all of the economic complexity and saturate the economy with the new primary monetary and economic paradigm, and then every other aspect of the economy will adapt to the new paradigm….as has historically always been the case.

If You Take Adult, Responsible and Ethical Control…

…of both the costing/pricing system and monetary distribution, then you not only enable free flowingness to the economy, monetary freedom to the individual, greater possibility of profit for enterprise, the end of dominance by Finance via its monopolistic paradigms of Debt and Loan Only, you also rejuvenate the faith and hope that people have lost in western civilization’s economies and political institutions. Thus you will have reversed the trend toward collapse, chaos and likely war.

Such is the power of doing the right thing.

 

Confronting The Ecological Question

[ (Rational Ecological Balance x Abundant “Higher” (Dis) equillibrium of Individual Incomes to Prices)  <–>  Graciously Free Flowing Economy ]

The drive to be more productive with actually fewer resources via innovation and AI of course is key to attaining/sustaining such a free flowing and abundant economy as is the new financial and economic paradigm of direct and reciprocal monetary gifting. One must not be afraid of/negatively react to integrating opposites as this is the very process of wisdom, rationality and actual progress.

Post To Ellen Brown’s Forum About a Reaction To Her Article By Mish Shedlock

Me:  Here is a clearly misunderstanding post regarding your article by Mish Shedlock whose Austrian/libertarian perspective I have tried penetrate for almost a decade.

Maybe someone might like to clear up his misunderstandings ofwhat you said.

https://mishtalk.com/2017/07/24/ellen-browns-certified-nutcase-proposal-to-save-illinois/#more-46980

JR:  Ellen, you must be getting somewhere!  These real nut-cases usually prefer to ignore us.

This is, of course, the only approach they have to reasoned argument.  Pure derision, with not one iota of constructive criticism.

And I’ll bet he’s a good, well meaning guy; dependable, good family man etc.  Just pig-ignorant because of his training in a totally corrupted discipline.

Me:  Yes, Shedlock is an astute student of the way the economy “works” investment wise it’s just that terminal orthodoxy prevents him from seeing a way of making it actually work stably in a macro-economic sense. When your rallying cry is the retort “There ain’t no free lunch!” and the macro-economy’s most basic problem is a scarcity of individual income in ratio to costs/prices it’s an almost unbridgeable mental gap to overcome in order to attain enlightenment. One that only wisdom, which is the mental discipline of effectively integrating opposites, is able to resolve.