Questioning the Laws of Economics
Scarcity is the fundamental economic problem of having seemingly unlimited human wants in a world of limited resources. The principle of scarcity (not to be confused with the state of […]
Category Archives: Natural Economic Theory
The Ethics of Profit in the Real World
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 […]
“Value” is as skewed as ever in the Information Age
With Snapchat now being valued up to $19 billion, equal to the total wealth of Ethiopia, the way we define “value” in contemporary society seems increasingly nonsensical. Our conflation of […]
My most succinct definition of Priority Theory of Value
Products and services are valued most rationally according to their centrality* to people.
Degree of a transfer (Infographic)
Introduction to Transferics
This is a preview of the introductory section to my book:
Degree and Cost Analysis of a Transfer
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. […]
Updates 9/22/14
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
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.
Transition Structure #2: The Crowdfunding Bank, or “Knab”
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 […]
