Even among those who acknowledge the myriad of problems inherent to the market system, it is still viewed by many as an indispensible tool, both on the left and the […]
A typical defense of capitalism is that profit is always nearly, or according to some unfortunate Koch-heads, perfectly, aligned with ethics, or is otherwise in some way naturally beneficent. The […]
Genetically-modified organisms have been the buzz again lately on my Facebook feed, so I’ve been thinking more about the subject and its implications: Obviously, there is lots of scientific support […]
Products and services are valued most rationally according to their centrality* to people.
This is a preview of the introductory section to my book:
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 […]
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 […]
I still feel much of what I’ve written is not accessible to the general public. This post will focus on an easily understandable overview of what defines a natural economy […]
The job I held before my current one was working as a server (among other things) in a high-end bakery. My boss, the sous chef, loved to bake; she also […]
Transferics 