The System of National Accounts (SNA) may seem overwhelming for anyone who is just beginning to comprehend how the Double-Entry Account Bookkeeping System. It is already a daunting task on its own to determine the Quantities of Kapital and Schuld… Read More ›
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 ›
The “Fiduciary Fund” is comprised of Kapital earned from Revenues and intended for the personnel of government organizations acting on behalf of Parliament. If the Proprietary Fund is intended for the economic activities of government organization and any privatized commercial… Read More ›
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 ›
The following post pertains to a key aspect of the US taxation system that has not been explored in sufficient detail back in The Work-Standard (2nd Ed.). I discussed the current US taxation system regarding its obvious economic and fiscal… Read More ›
In keeping with the theme of yesterday’s post, I am planning to work on a post that is related to the topic. The Subtantivist-Formalist Debate bears the promising implication that Economics cannot be understood without their political contexts. Certain economic… Read More ›
For someone who has been to Las Vegas on three separate occasions, I truly have no interest in gambling. The brightly lit machines are pretty and that’s about the extent of my awareness of the casino floor. There is, however,… Read More ›
A new week has already begun. Today, I am planning to spend today working on personal errands outside the Blog. In the meantime, I will be reposting some noteworthy posts related to Las Vegas and casino gambling
There is a justifiable Intent for doing away with most forms of Taxation such as Income Taxation. I had discussed the topic of taxes before in The Work-Standard (2nd Ed.) where I provided some convenient arguments for deemphasizing Taxation in… Read More ›
It should be noted that the LER Process and the Taxation Rate set by the central government are in fact two different sources of wealth. Whereas the Actual Geld in the LER Process originated from the preceding conversion as Actual… Read More ›
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