My most succinct definition of Priority Theory of Value
Products and services are valued most rationally according to their centrality* to people.
Products and services are valued most rationally according to their centrality* to people.
This is a preview of the introductory section to my book:
Transferics is concerned with the actual and potential movements (transfers) of resources. A transfer can be modeled and visualized graphically, which provides an established way to analyze transfers in detail. […]
I know I haven’t posted in a while and I apologize to anyone who follows this blog. I promise I haven’t abandoned this, but I have been getting more active […]
Graph Theory Economics Here is an article I wrote for the VIAAC wiki on the use of graph theory in VIAAC theory and natural economics.
A recent article by Charles Hugh Smith describes how banks have become obsolete, and how they might be replaced in today’s high-tech world. It has gotten me thinking the last […]
RDb: The beginnings of Natural Economics implementation (GitHub)
Economics is a study that is of course concerned with how resources are allocated in a society. There are many different “theories of value”, such as the well-known marginal utility […]
Introduction I have made the case before (elsewhere, not here) that private property, besides simply requiring more copies to fulfill the same demand, creates a large amount of economic overhead. […]