Maybe a better question is what do I know and how do I know it? :)
Money was different than it is now 40 years ago. It was different 30 years before that. I know this because wikipedia tells me that Nixon took us off the gold standard in the early 70s and that standard was established at Bretton Woods in the 40s. Because of this I apply a very high probability to the likelihood that our money will operate differently in the future then it does now.
I guess the problem I’m trying to solve is, if we are likely going to be using a new kind of money in the future, do I want that to be a good kind of money or a bad kind of money. I want it to be a good, human centered kind of money that help us solve hard problem and makes the world a better place.
I think I know that our money is ‘bad’ (sub-optimal may be a better word) because I look around our world and I see the following things:
A crappy income tax
An inability to get money out of politics
ultra poor people
Ultra rich people
Wasted human resources (see the entire finance industry)
Corporations sitting on billions in cash when they could be ending cancer
I think changing our money can solve some of these issues because I’ve read the literature on what drives people to make economic decisions. If we can implement a system that rewires the drivers in a positive directions, we can solve some of these problems.
I think hypercapitalism is the answer because I’ve written some simple models that shows it is more efficient that regular capitalism. I left 10 other solutions on the cutting room floor before I put this together.
Maybe a better question is what do I know and how do I know it? :)
Money was different than it is now 40 years ago. It was different 30 years before that. I know this because wikipedia tells me that Nixon took us off the gold standard in the early 70s and that standard was established at Bretton Woods in the 40s. Because of this I apply a very high probability to the likelihood that our money will operate differently in the future then it does now.
I guess the problem I’m trying to solve is, if we are likely going to be using a new kind of money in the future, do I want that to be a good kind of money or a bad kind of money. I want it to be a good, human centered kind of money that help us solve hard problem and makes the world a better place.
I think I know that our money is ‘bad’ (sub-optimal may be a better word) because I look around our world and I see the following things:
A crappy income tax An inability to get money out of politics ultra poor people Ultra rich people Wasted human resources (see the entire finance industry) Corporations sitting on billions in cash when they could be ending cancer
I think changing our money can solve some of these issues because I’ve read the literature on what drives people to make economic decisions. If we can implement a system that rewires the drivers in a positive directions, we can solve some of these problems.
I think hypercapitalism is the answer because I’ve written some simple models that shows it is more efficient that regular capitalism. I left 10 other solutions on the cutting room floor before I put this together.