Thursday 22 March 2012

Financing the Doubling of GDP in One Year at Constant Price.

Double or nothing. The modern economy has
advanced to where it has the technology with
which to double in size inone year.
 The hypothesis is that an economy has sufficient latent financial resources with which to finance the doubling of its GDP in one year at constant price. Thinking outside traditional views in economics can open new vistas in how the problem of scarcity is addressed. The gist is to grapple with ideas taken for granted in economics pertaining to enterprise, observe their evolution and attempt to mould them toward a construct that better exposes the latent potential within economic thought to change the economic landscape. It explores the view that even practices taken for granted in economics and business such as those used to understand cost, revenue, and and money can be re-thought. Link



Wednesday 14 March 2012

Governments in Economic Crisis: What is the 99% and why does it exist?

By understanding why the 99% exists and focusing
on this real and meaningfull change is possible.
What is the 99% and why does it exist? In this paper an attempt is made to explain why socio-economic unrest remains a modern problem. An effort has to be made to understand the origins of strife in systemic design of modern economics. Without this knowledge it may not be possible to fix the very fundamental problems that lead to a broken society.


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Economics and Theoretical Physics

Time may not be what you think it is, Distance 
may not be what you observe, Space may be
something else altogether. Maybe gravity can finally
be understood.
The recent earthquake in Japan and its impact on the Fukushima nuclear power plant is a tragic reminder of humanity’s ever growing dependence on energy for its socioeconomic development. Energy plays a central role in determining the effectiveness of economics. However, are the fundamental difficulties associated with understanding the true nature of energy impeding development? This paper is a reflection on theoretical physics from an economic vantage point.

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Currency wars & international trade


The intrenational trade and currency system is archaic.
It retards economies, destroys humanity's hope for the 
future and is a form of institutionlised bondage.
This primitive system is way overdue for an overhaul.
This paper examines the contemporary international trade and currency system to determine whether the system is appropriate for the level of knowledge, development and maturity of countries today.  International trade and currencies are a key mechanism by which governments manage the livelihoods, standard of living and well-being of national economies including the relationship between countries and their peoples. Therefore, understanding how the international trade and currency system works and not just taking it at face value is important in determining whether a fair trade and currency system can be established between nations.

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Governance & Economic Growth


Don't blame government and politics for economic failure,
blame it on a general lack of knowledge.
This paper looks at some of the fundamental ideas in contemporary economics such as the basic economic problem, opportunity cost and allocation a person is expected to encounter when they are first introduced to economic theory. It attempts to explain how the manner in which these concepts are interpreted and disseminated in mainstream economics may be counter productive to the capacity of economics to develop new ways of countering scarcity. It aligns these concepts with recent unrest in Europe caused by austerity measures. The paper looks at the capacity for contemporary economics to emerge from a cocoon spun from cobwebs of antiquated thought and inhibitions in order for it find extraordinary solutions for the extraordinary economic challenges the world faces today.

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Market Myths in Contemporary Economics


Markets may not do many of the things you have
been told or taught they do. 
This paper elaborates on the economic operating system (EOS) the role it can play in growth. It focuses on markets, price determination and forces of demand and supply in order to illustrate how an EOS model offers greater economic growth, stability and safety. This paper delves into market theory to determine whether what is commonly understood about market forces and free markets in contemporary economics is as reliable as might be expected; do free markets encourage or retard economic growth? 

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The Origin of Wealth


For the first time it may be possible to identify what
wealth actually is and end the poverty and scarcity
faced by both developed and developing countries.
What is wealth? This paper proposes wealth and poverty are opposite sides of the same coin and to know the source of one is to understand the cause of the other. It delves into the premise that if contemporary economics could consummately answer the question: what is wealth? scarcity, economic strife and poverty would not exist in the world today. Two kinds of wealth are discussed, aesthetic and technical wealth. Is it possible that contrary to belief, the use of assets and liabilities as a measure of wealth belong to the aesthetic view in the sense that in human psychology an asset is merely an object or factor that evokes positive emotional feelings?  

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