The Five Stages of Money (and why we're stuck at stage 4)

Given the pressing needs America and the world now face, which profit-making enterprise has no interest in addressing, the time for Stage 5 money is at hand. We have it in our grasp. The question is: when we will see what it is and how to use it?

Last Exit to the Road Less Traveled

"We are no longer at a fork. The fork is half-a-century behind us. The goal is not to get the superhighway to somehow re-route itself and follow the path less traveled."

Why America is Not a Country Club

and why we should look to our board of directors to straighten it out.

Framing a Job Guarantee

Perhaps a point-by-point response to Ms. McArdle’s arguments is a way to begin.  

Framing the Progressive Platform

Progressives seem to genuinely wonder why mainstream Americans would object to these proposals. Why would American voters be put off by proposals they’d obviously gain so much real—and in many cases personal—benefit from?

Doing What the Market Can't

While the Market Economy system causes truly wondrous and useful things to be made available to American consumers, there are certain things it fails to provide.

The Big Three

So long as progressive leaders are allowed to back-pedal on this topic—to try, somehow, to go forward based on the old economics of “commodity” money—little progress can ever be made to address the Big Three challenges that are growing more formidable every day.

A Comfortable Betrayal

The mainstream voices—the economists and journalists and political leaders—thrive on this question of how to divvy up the pot of “money” that America, by some inexplicable process, has been allocated to have. Staking out positions in this allocation argument is their career and sustenance. To take their argument away (by suggesting the pot of “money” is, in fact, expandable—as needed—by the direct sovereign spending of fiat-currency) threatens to leave them marginalized and irrelevant; even worse: possibly unemployed?

THE SHIFT: Understanding and Using America’s Fiat Money

The importance of this is not simply that the U.S. government no longer must keep enough gold in its vaults to back up its money supply. The importance lies in a profound conceptual shift about what money is—and how a modern, democratic society can use that new understanding to address public needs and pursue collective goals.