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Description From the Wikipedia: "In his 1996 work Coming into Being: Artifacts and Texts in the Evolution of Consciousness, Thompson applied an approach that was similar to his 1981 book to many other artifacts, cultures and historical periods. A notable ...
As a result, within 13,5 months the free schillings circulated 463 times, generating a turnover of 2.283.840 Schillings. On top of that, unemployment dropped by 25%, income from local taxes grew by 35%, and investment in public works rose by 220%. The ‘circulation fee’ comprised 658 Schillings, all of which were spent on public works.
Groupthink is a term coined by psychologist Irving Janis in 1972 to describe one process by which a group can make bad or irrational decisions. In a groupthink situation, each member of the group attempts to conform his or her opinions to what they believe to be the consensus of the group.
John C. Médaille. John C. Médaille is the author of The Vocation of Business: Social Justice in the Marketplace and an instructor at the University of Dallas. He writes and lectures frequently on economics. Médaille has more than thirty years’ experience in management at large corporations and as a small businessman, and he served five ...
Charles: There are 7 suggestions in the book on how to transform money and the economy. One is demurrage or negative interest, which was tried several times in history, most famously in Woergl, Austria in 1932. The theory was described by economists Silvio Gesell and Irving Fisher and in practice often involves the use of stamps.
John Maynard Keynes and Irving Fisher. A circulation charge effectively goes to the root of these problems by changing the qualitative nature of how we hold money. It inherently shifts financial thinking towards longer time frames. It creates a natural ...
Contents. 3. P2P in the Economic Sphere. 3.1.A Peer production as a third mode of production and new commons-based property regime. 3.1.B The Communism of Capital, or, the cooperative nature of cognitive capitalism[22] 3.1.C The Hacker Ethic or ‘work as play’. 3.2 Explaining the Emergence of P2P Economics.
