I am working on a book this week called "Abstract vs Real" It is about how our currencies have been divorced from their original Honorable construct. the tally.
It will share the invention of debt, its origins and its now abstract counterpart called Currency has been used to create written laws.
But the foundation of currency is much more simple than a ledger, it is an attempt to simply increase the capacity of next years harvest by leveraging something we all hold within.
Honorable doings by Honorable Actors.
In my book I share a bridge economy that will leverage the established desire to hoard in a productive and useful manner.
Once this hoarding is used in a manner for wellness, not illness we can start building the true parallel system of the two currency Economy.
The "Real" Currency. in charge of balancing life and its needs.
and the "Abstract" Currency. designed to be a limitless playground for the speculative market.
In my book I will share my ways of balancing these two elements with honorable and reasonable actions from all points of the society who wields the Hubris with Wisdom.
-OwowA

#AbstractVsReal #Currency #Economics #Philosophy #Finance #Debt #Wealth #Honor #ParallelEconomy #RealEconomy #SpeculativeMarkets #Society #Wisdom #BookInProgress #WritingCommunity #FutureEconomy #SystemDesign #MoneyReform #EconomicPhilosophy

🆕📑 'Decoloniality and Islamic Economics' - an article published in Pluto Journals ReOrient on #ScienceOpen:

🔗 https://www.scienceopen.com/hosted-document?doi=10.13169/reorient.9.2.0004

#CriticalMuslimStudies #IslamicEconomics #Decoloniality #EconomicPhilosophy #IslamicPhilosophy

It seems that for me, if I choose to be a survivalist individualist person, genuinely based on hardships and effort in trading, then I follow the Chinese way. If I want to be a narcissist who doesn't feel how those poor people feel in the streets every day, making fun of others and using freedom of speech as justification at the expense of respect for others, then U.S. ideologies are better for me. It seems that the Chinese way represents real trading for me; it is based on efforts and hardships, not on control, vendor lock-in, narcissistic reputability, and brands.

#SurvivalistMindset #Individualism #ChineseWay #USIdeologies #HardshipAndEffort #EconomicPhilosophy #Consumerism #Narcissism #RealTrading #VendorLockIn #RespectForOthers #FreedomOfSpeech #PersonalValues #EconomicFreedom #GlobalEconomics #MarketDynamics #ConsumerBehavior #EthicalConsumption #ResponsibleLiving #MoralCompass

8️⃣ Déjacque argued that true liberty required communal ownership, rejecting individual property rights. His philosophy shifted libertarianism toward collectivist determinism.

#Libertarianism #FreeWill #EconomicPhilosophy #20postchallenge

"Behavioural and heuristic models are as-if models too – and that’s ok"

An overdue discussion and analysis by Ivan Moscati.
https://doi.org/10.1017/S0266267123000093

So far, I am not sure his suggested 'as-if mentalism' is helpful or anything other than a new muddled term.... but its a very long paper and I probably need to read it again.

#behavioraleconomics #EconomicTheory #economicpsychology #decisiontheory #economicphilosophy