The “Parliament Fund” refers to the Kapital earned from Revenues and are required by Parliament to function and govern Civil Society, hence its name. The Parliament Fund is where the rest of the Kapital in the Parliamentary Budget goes if… Read More ›
Keynesianism
Work-Standard Accounting Practices: “Proprietary Fund”
The “Proprietary Fund” is considered one among the various examples in which Production for Profit and Production for Utility are closely intertwined. On paper, it resembles a Fund related to the so-called “Public Sector” (Read: Production for Utility). In actual… Read More ›
Work-Standard Accounting Practices: The Modified Accrual Method
Economic organizations operating in Production for Utility may record their economic activities with the “Modified Accrual Method.” The Modified Accrual Method is a combination of the two aforementioned accounting techniques discussed in the previous Entry, the Cash-Basis Method and the… Read More ›
Work-Standard Alternative to IS-LM Model? (Pt. II of II)
After a bit of ingenuity and rereading of The Work-Standard and The Third Place, I was able to quickly devise a suitable alternative to the IS-LM Model and its various derivatives. As I had correctly anticipated, the solution entailed an… Read More ›
Work-Standard Alternative to IS-LM Model? (Pt. I of II)
Is there a Work-Standard alternative to the “IS-LM Model?” The current information about the Work-Standard indicates that an alternative can in fact be devised with the TPP (Total Productive Potential) Equation in mind. To understand the justification for such an… Read More ›
Japan launches nationwide competition to boost alcohol consumption — WORLD BEER & SPIRITS !
A new contest launched by the Japanese government asks the younger generation to come up with ideas to boost the consumption of alcoholic drinks. In an effort to revitalize alcohol consumption, Japan has launched a nationwide competition calling for inviting… Read More ›
Economic History Case Studies: Welfare Capitalism’s “Manufacturing Fetish”
The years since the Great Recession has witnessed a growing interest among Western countries to restore their manufacturing capabilities. Although heavy and light industries are both necessary to provide any nation with finished goods, it is still naïve to treat… Read More ›
Círculo Dorado Defusal Practice: “Just Say No to ‘Operation Rothbard’ (⇌)!”
What the Jungfrau encountered at Barry Goldwater’s Goldwasser Department Store: Typus of Young Carl + Typus of Young Rudolf → Figure of Pan-Germanic SocialismYoung Carl ⇌ Typus of Carl Gustav JungYoung Rudolf ⇌ Typus of Rudolf Jung Evaluating the Jungfrau’s… Read More ›
Kitchen Update (22 December 2021)
“In our day, [Insecurity was] pretty [easy to take] care of. The delicate balance that ideally exists between [Unfreedom] and [Security] has long since tipped against Freedom [and Insecurity] practically everywhere on Earth. In [the Western Bloc countries], Freedom is… Read More ›
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