Many people go to Las Vegas every year to not only smart out the numerous fruit machine and poker tables that are in a number of the Las Vegas gambling establishments and hotels. Some people declare that they can have… Read More ›
Total Mobilization
What to Do In Las Vegas if You’re Not a Gambler — Roaming Numeral
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 ›
Update (6 November 2022)
This week, I am thinking about writing another Economic History Case Studies Entry and another comment on the ARPLAN Blog. The topic that I would like to delve into pertains to something that I had touched on previously in The… Read More ›
A Work-Standard Critique of Energy-Based Currencies
Based on the current literature, there are currently two conceptual definitions for what passes as an “Energy-based Currency.” One interpretation suggests that such a Currency is really a metaphor for Cryptocurrencies such as Bitcoin, which relies on consumption of electrical… Read More ›
Update (27 October 2022)
Going to be busy taking care of personal matters outside of the Blog. I still need to delve further into the existing literature about the Energy-based Currency. Expect another Work-Standard critique before Saturday.
Another Rival of the Work-Standard?
At this point, it appears that I have finally mapped out the current extent of all known rivals to the Work-Standard’s Theory of Money (WTM). Compared to the Theories of Value, the Theories of Money have been easier to identify… Read More ›
A Work-Standard Critique of “Debt-Free Fiat Currency”
In Philosophy, the most common conceptions of Currency were entertained by two predominant Theories of Money, the “Commodity Theory of Money” and the “Credit Theory of Money.” Those two Theories of Money helped contribute to the rise of the Fractional-Reserve… Read More ›
Update (24 October 2022)
The second half of “On State Budgets and Parliamentary Budgets” is expected to be completed before the end of today. My goal is to discuss what is otherwise an extension of something that I had mentioned previously in The Work-Standard… Read More ›
On State Budgets and Parliamentary Budgets (Pt. I of II)
The Work-Standard (2nd Ed.) routinely employed the terms “State Budget,” “State Revenue,” and “State Expense” within the broader discussion of the LER (Life-Energization Reciprocity) and LERE (Life-Energization Reciprocal Electrification) Processes. The “State Budget” described therein and in The Third Place… Read More ›
On Taxation of Kapital and Geld
In Production for Profit, the goal of taxation policy is to acquire a source of Kapital as tax revenue for the Parliament. Since this Mode of Production places greater emphasis on privatized commercial firms, it is inevitable for taxes to… Read More ›
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