print pageI developed two new fables today to illustrate How Unearned Income Funnels Wealth Up the Income Scale and Why Local Currency is Not Crazy.
Here’s a picture from the Gilligan’s Island fable:
Monthly Archives: December 2008
Fables
December 14, 2008 – 9:39 pm
State of Emergency
December 12, 2008 – 9:32 pm
Ashfield (and much of New England) has been in a state of emergency for the past two days. Thousands of trees down, the whole town without power for much of that time (many homes will have to wait a week for power, water and heat). We got off light. Our wood stove kept us warm, [...]
Another Good Show
December 10, 2008 – 9:08 pm
Tonight in Shelburne Falls there was much interest and many good questions. Also some bankers, in disguise, arriving late and leaving early.
The presentation went well. Several people took a signup card home. Only one of them has signed up so far. Henceforth I will push people to sign up on the spot, at least for [...]
Malevolent Animism, Classist Slips
December 9, 2008 – 10:22 pm
Hmm. I presented for 60 students in a class on globalization at UMass today. I pressed a wrong button at the beginning and shut the computer down. Amidst some mumbling, grumbling and ad-libs of the start of the slideshow that wasn’t running, I got the darn thing restarted. Then part way through the video segment, [...]
Zarlenga
December 7, 2008 – 10:39 pm
Tonight I had dinner with Stephen Zarlenga of the American Monetary Institute, along with three others. Stephen points out some basic problems with our national economic system and has proposed legislation (the American Monetary Act) to remedy those problems.
I agree with Stephen’s analysis in many respects, but I have two fundamental disagreements:
Decisions (including decisions about [...]
Successful First Talk
December 3, 2008 – 9:55 pm
For tonight’s first talk on “How to Start a Common Good Bank in Your Community”, I put together a whole new slideshow on the global problems that common good banks are designed to address. In particular, I updated, distilled and clarified my 2005 essay on The Problem With Unearned Income. This became the centerpiece of [...]
Preparing for the Town Talks
December 2, 2008 – 11:54 pm
These past two days I have spent revising the presentation (adding introductory slides about money, unearned income and corporations, with followup slides about creating community divisions). Sent 250 emails today to the local list, mentioning the talks and suggesting that people forward the email to friends and neighbors.