"AbolishMoney.com was created to present a new idea: Digital Economics. The goal of the web site is to spread the word to the online community that it is possible to free the human race from the bounds of the budget constraint, the profit motive, and the greed that they create.
My name is Jonathan Carr, and this site is about an idea I have to create an economy where we can all live in affluence. I have a masters degree in social theory from the University of Maryland."
I somehow think if the economists at the University of Maryland saw this site they would either double over laughing or hand their heads in shame.
The guy's problem is that he doesn't understand the implications of really simple economic ideas like scarcity. His test proposal is that we have a tiny island supported by the rest of the whole freaking world. He is basically creating a sitution where the island doesn't have to deal with scarcity problems. His plan would work perfectly; if like the island, Earth could be supported by a planet 10^100 Earth's size. His island proposal does not deal with the issue of scarcity it simple outsources the scarcity problem to a much larger area not under digital economics where its effect is dissipated. His proposal is basically a multi-tier pyramid scheme for the entire world, and we all know how those recover when they fail.
__________________
I'm leaving for the University of California: Santa Barbara in 5 hours, give me your best college advice - things I need, good ideas, bad ideas, nooky, ect.
Originally Posted by Norseman on another forum:
"Yeah, the problem with the world is the stupid people are all cocksure of themselves and the intellectuals are full of doubt."
Last edited by nanofever; 09-09-2004 at 02:25 AM..
|