Competing Theories of Money have proliferated in the Western world when the concept of Currency became grew increasingly important since the Renaissance. In addition to the Theories of Value that argued for different ways to determine how much something should… Read More ›
Alexander Hamilton
Compendium: Total Economic Potential Formula (Pt. II of II)
In the previous part of this entry, the equations on how to calculate the TEP of the nation-state and by extension its RTEP were discussed. Those equations did not include the possibility of the nation-state engaging in international trade. Although… Read More ›
Compendium: Total Economic Potential Formula (Pt. I of II)
In an earlier entry, we discovered the formula for finding the Quality of Arbeit. The Quality of Arbeit governs the Value of Arbeit before any conversions into Geld can be made. Since the Quality of Geld, Total Financial Potential, and… Read More ›
Ernst Jünger’s Der Arbeiter (Pt. III of VII)
Two recurring topics related to the Arbeiter are commonly cited throughout Der Arbeiter, art and technology. Ernst Jünger focused more on the role of technology as being the defining characteristic of the Arbeiter as a Figure than art. Clearly, the… Read More ›
Compendium: Supply-Side versus Demand-Side Economics and the Laffer Curve
It has often been claimed that a lower Taxation Rate can yield economic growth. The claim perpetuates like an Internet Meme over the past few decades due to the prevalence of “Supply-Side Economics.” As a macroeconomic theory from Liberal Capitalism,… Read More ›
Compendium: The “Paranoid Style” as a Jeffersonian Obstacle for Hamiltonian Federal Socialism
Anyone who has made serious contemplations about the return of Hamiltonianism as “Federal Socialism” must contend with the “Paranoid Style” identified by the American historian Richard Hofstadter. Written in the wake of conspiracy theories surrounding the rise of Barry Goldwater… Read More ›
Compendium: Work-Standard Formula for Quality of Arbeit
Arbeit is discernible from the outputs of economic and financial activities through the actual production of goods and services. The Value is affected by the balance of Work-Productivity (WP) and Work-Intensity (WI) for 1 Vocation and listed in the national… Read More ›
Compendium: Why the “Splinternet” is an Alternative to the World Wide Web (WWW)
The rise of the Internet in the 1990s posed serious questions besides the sovereignty of the nation-state in the 21st century. It has introduced the role of Information as a fifth vector in the dynamics of Liberal Capitalist-style Free Trade,… Read More ›
Compendium: Kapital
The term “Kapital” is used in the SMP Compendium to denote all forms of Currency that originate from the economic and financial activities of Liberal Capitalism. The distinct properties and characteristics that go into the creation of Kapital are tied… Read More ›
Compendium: How the Central Bank sets the Exchange Rates under the Work-Standard
In the entries “How the Economy creates Arbeit” and “How Arbeit is converted into Geld,” all of the important steps on the basic processes of the Work-Standard were laid out. Granted, they were discussed in the context of a single… Read More ›
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