Bob has a Masters degree from Harvard and a Ph.D. from the University of Massachusetts, both in sociology. He taught sociology for two years at The Ohio State University then taught sociology at Southern Illinois University Edwardsville from 1968 to his re-tirement (new tires) in 2001. He has spoken on monetary reform in New Zealand, Australia, Poland, Libya, India, and Togo in Africa as well as at many conferences in the United States and Canada.
The "pen of history" shows that the root of both public and private debt in the United States goes back to the founding of the Bank of North America in 1781. Since then, total debt grew at an average annual rate of 7.9 percent from $2.5 million in 1781 to more than $80 trillion in 2015. It is time now for Congress to begin to build a money supply based on citizenship instead of debt.
"The pen of history" shows that debt in the United States grew to the astronomical size it is today as a direct result of the decision made in 1781 to have money originate as interest-bearing debt. The author uses the board game MONOPOLY to show how money should and should not be originated and proposes that money be based on citizenship and be given to citizens when they register to vote.
Postcards sent to Congress and other leaders advocating a money supply based on citizenship rather than debt. It includes a series of SOS postcards to save our ship by decelerating production, calibrating money in hours of work, elevating citizenship by making ownership of the money supply a right of citizenship, and setting a maximum wage of no more than four times the minimum wage..
This one returns Economics to its original meaning, household management and identifies entropy, not scarcity, as the problem and cooperation, not competition, as the solution. It addresses the two defects in money ignored by the prevailing scarcity-competition orthodoxy; that money originates as interest-bearing debt and that money has no definition of its value.
For money to work properly, it needs to be understood as a medium of communication that strangers use to cooperate. Capitalism as we know it is out of control, It can be brought under control by having money originate debt-free with its value defined in work time. Evidence presented from Cooperation:The Wealth of Nations Game shows how it can be done.
This is a collection of postcards sent to leaders, including members of Congress, the President, his council of economic advisers, chairs of sociology departments throughout the United States, Canada, and the United Nations. My purpose was to catch their attention with the old fashioned mail method rather than email. I hope you enjoy them and want to read more of my Smashwords books.
Simulation of barter, socialism, capitalism, and a system called autonomy with Cooperation: The Wealth of Nations Game played and graded by university students in a sociology class results in a C for barter, a B for socialism, an F for capitalism, and an A for autonomy. The game in computer form is available free, so you can examine and judge each system yourself.
The rules of Lifetime Economics are: 1. Value in use time, 2. Price in work time, and 3. Profit in free time. Economics as we know it today has departed so far from reality that it needs to be replaced. Lifetime economics is intended to do that, bring economics back down to earth. Learn here the meaning of real capital, real debt, real investment, and real Gross Domestic Product.
The Fourth Option: Citizen Shares proposes that we replace our debt and interest based money supply with one that encourages all of us to share the work and share the wealth that our work produces.
Read in this little book, that many of our greatest leaders, including Benjamin Franklin, Abraham Lincoln, Henry Ford and Thomas Edison, believed that government should issue, not borrow, money.
The Most Wealth explains how we can achieve full employment and genuine social security with more free time to realize our natural destiny on earth, well-being and free time to enjoy ife. The key is understanding money as a medium of communication that exists to insure that we all share the work and share the wealth.
United States total debt, public and private, not just Federal debt, grew from $82 billion in 1916 to $70 trillion in 2010, almost a thousand times bigger. The cause is traced back to decisions made in 1787 and 1790 by framers of the Constitution and members of the First Congress. The remedy is to now correct their mistakes by properly funding the U.S. economy with "dollar" properly defined.