There is a collective energy that flows in our global world. Think about how many of us are reflecting on the impact of the killing of Osama Bin Laden (OBL). Ironically, this came just briefly after many of us, although a smaller majority, had watched the pomp and circumstance of the Royal Wedding. To some, [...]
…Thou Shalt Buy Meaning. Thou Shalt Sell Money. Thou Shalt Hold Change How to Be a Productive Economic Being in a Changing World Here are two sugar world stories. About fifteen years ago, Joshua M. Epstein and Robert Axtell created Sugarscape, a simplified computer model for how an economy can take shape. There was a [...]
FADE IN: INT. – HIGHRISE-BASEMENT OFFICE – DAWN BUGS BUNNY OF MONEY Here is a twisted syllogism: Money is social Reality is a social construction Therefore, money is reality. RATIONAL ECONO-SAPIEN Huh? Money is just a form of exchange. I know how much I have in my wallet and can read what it says on [...]
Money is not mathematical. It’s hormonal. At least in the world of “monkey money” and, I suspect, in our world, too. A somewhat recent story I heard on NPR was about how monkeys can improve their economic lot in life by learning new skills that make other monkeys like them more. A low-ranking money is [...]