making up money
same on issuu:
graeber job law.. earn a living ness et al
of math and men ness
wealth inequality in america video
what if money was no object – alan watts
money enough – taxes on war
radical econ et al
fb share by Jon:
Thank goodness for the Web.
This needs to be shared around the globe.
9 min video from – everything is a rich man’s trick
Original Tweet: https://twitter.com/bigthink/status/880859506900688896
we should be mindful how money has a physiological change on you.. a lot of decisions being made when don’t think making them.. ie: weather influences
increasingly neuroscientists will be able to predict money decisions based on our brains
genes can help increase our credit scores
oy.. thought with title this was going somewhere.. guess we’re too intoxicated to hear/see
a map of the world that does not include utopia is not worth even glancing at, for it leaves out the one country at which humanity is always landing. and when humanity lands there, it looks out, and, seeing a better country, sets sail. progress is the realization of utopias. – oscar wilde 1854-1900
David on the invention of money – from 2011
Caroline Humphrey concludes, “No example of a barter economy, pure and simple, has ever been described, let alone the emergence from it of money; all available ethnography suggests that there never has been such a thing”
a. Just in way of emphasis: economists thus predicted that all (100%) non-monetary economies would be barter economies. Empirical observation has revealed that the actual number of observable cases—out of thousands studied—is 0%.
b. Similarly, the number of documented marketplaces where people regularly appear to swap goods directly without any reference to a money of account is also zero. If any sociological prediction has ever been empirically refuted, this is it.
Jason Hickel (@jasonhickel) tweeted at 4:41 AM on Fri, Aug 24, 2018:
“This study establishes for the first time empirically that banks individually create money out of nothing. The money supply is created as ‘fairy dust’ produced by the banks individually, “out of thin air”.” https://t.co/UKMakEIOTN h/t @davidgraeber
paper – Can banks individually create money out of nothing? — The theories and the empirical evidence – by Richard A.Werner
Paul Segal (@pdsegal) tweeted at 6:25 AM – 25 Aug 2018 :
@SkeaserT @jasonhickel @davidgraeber This topic is really not a mystery, even if many people are unaware. If you’re writing a masters thesis I strongly recommend you read this: