Making Money Real

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firstmakeitwork.org/2023/09/16

  • Who Pays?

    Spreading the News We used to have town criers, and “newspapers” existed long before the telegraph, telephone, radio, television, or internet. https://en.wikipedia.org/wiki/Acta_Diurna The important thing is that a larger population shares the news and is able to agree on some common reality, even if that shared reality is not actually real. This isn’t sufficient for any enduring…

  • The destruction of democracy

    Human civilization in this discussion is taken to be the broad socioeconomic organization of unrelated and dissimilar humans with common values that enhance survival for families and individuals by providing the advantages of specialization and trade, the persistence of human knowledge, and the rule of law. Democratic societies rely on the rapid dissemination of accurate…

  • Making Money Real

    “Not Another Engineer” These are the words, sometimes audible, encountered by every undergraduate engineer in Economics 101 (A class often required for engineers, but seldom required for other scientific disciplines). Engineers are the only people trained in the laws of thermodynamics that any Economics Professor is likely to encounter. We are the only ones to…