... Typical ofthe leadership oftheSocial Credit movement is the statement by Maurice Colbourne, author ofThe Meaning of Sociul Credit, published in Canada by theSocial Credit Board of Edmonton In the ... economic innovation The economic ideas of John Maynard Keynes, another apostle of fiat money and government fine-tuning ofthe economy, triumphed because he offered them in the middle ofthe worst depression ... incarnation in history ofthe Second Person ofthe Trinity find themselves on the fi-inges of Western society Protestant fundamentalists, who seem to make up the bulk ofSocial Credit’s Christian...
... turn the power of money creation over to the politicians rather than the central bankers The politicians ofthe French Revolution destroyed the value of France’s currency in a matter of months The ... chalIenge to the universal laws of chemistry But at least the Christian affirms the existence of miracles irrespective ofthe hypothetical universal laws of chemistry There is another problem ... Milita~ AM to the Soviet Union This book merely extended his thesis regarding the transfer of technology to the USSR, but it was too close for comfort in the view ofthe directors ofthe Hoover...
... reconstruction The two of them filled tens of thousands of pages with their criticism of capitalism and also detailed criticisms of their socialist opponents, but they never did offer a positive program They ... blueprint The Opportunity of a Lifetime In 1935, in the middle ofthe Great Depression, theSocial Credit League won 89% ofthe seats in the legislature ofthe Western Canadian province of Alberta ... that aspect ofthe teachings of Jesus, but as a believer in the unique divinity of Jesus the Messiah? If they cannot this, their followers need to question the theological origins ofSocial Credit...
... restriction becomes the central motif ofthe book .“~l This was also the central motif of everything Major Douglas wrote It was the theme ofthe Technocracy movement ofthe 1930’s The reader should ... association of people engaged in the production of Real Credit, and in this sense the State, as the custodian ofthe Real Credit ofthe community, may be said to represent the interests of Producer ... estimate is affected by the issue of money The Target of His Criticism The failure of capitalism, Douglas said, is the failure of financial credit to match the output of Real Credit The banks create...
... supply of resources at zero price.” The higher the price relative to other goods or to other periods of history, the greater the degree of scarcity Therefore, the lower the price relative to other ... temporarily offset the effects ofthe second law of thermodynamics We produce increasing order out ofthe apparent disor8 der of our environment The standard physical explanation of this is that the ... his theory He wrote that the “orthodox theory” ofthe economy “assumes that the money, equivalent to the price of every article which is produced, is in the pocket, or the bank pigeon-hole of...
... increase in the supply of credit (money) would not raise the monetary value ofthe nation’s assets, therefore justifying another increase in the money supply thereby raising the money value ofthe nation’s ... understood the lust of their hearts They were rejecting Him God decided to punish them by giving them exactly what they asked for “And the L ORD said unto Samuel, Hearken unto the voice ofthe people ... admitted that “Even the leaders of a group are only leaders so long as they serve the interests ofthe group, and to that extent are as much slaves of it, as the humblest member ofthe rank and file;...
... by the State, then the State has become the true owner The tools of production are in the hands ofthe State Thk is the essence of socialism Decapitalization Through Mass Inflation During the ... principle: the luwful authority ofthe consumer over the allocatwn of his money and other assets Yet the technical heart ofSocial Credit’s proposed reform is the forcible transfer ofthe authority ... neither to the producer nor to the consumer, but to their commm element, the community, of which they each forma pam5 Let the reader be reminded: the idea that the community (society) owns the...
... “Protocols ofthe Learned Elders of Zion” in his attempt to persuade his readers ofthe centrality of finance and the evils thereof The Protocols were in fact a forgery produced by the Czar’s ... he said First comes the expropriation ofthe expropriators, the exploitation ofthe exploiters, the bankers It seems difficult to doubt that the efforts of those in control of financial policy ... under capitalism, the consumers are the rulers, while the producers are the ruled He did not understand the dual sanctions of profit and loss Most socialists regard the producers as the masters Douglas...
... argument: the identification of another break in the flow of funds Douglas was incorrect on both counts There is no break in the flow of funds under capitalism But the A + B Theorem hypothesized a The ... paying them the full value of their output They will ask for more money If they not receive the raise, more of them will quit The employer will lose to his competitors these crucial fhctors of production ... the supposed break in the flow of money, even if there were one, which there isn’t As I have shown, the A + B Theorem has nothing to with Douglas’ other explanation ofthe break in the flow of...
... and his other books, which sold in the millions during the presidential campaign of 1896 The work of Alexander Del Mar deserves mention Del Mar had been the Director ofthe U.S Bureau of Statistics ... While some of his followers are aware of this, and no doubt have committed themselves to theSocial Credit movement because of it, I think most ofthe Christians who are associated with Social Credit ... limit” because the statistical device they would use to limit the issue of credit - the national accounting of total available capital - is itself affected by the issuing of credit The monetary...
... and theEconomicsofSecurity presents the latest research on theeconomics driving both the risks and the solutions These chapters represent some ofthe best, cutting-edge research within the ... to the trade press, the number of stories and Managing Information Risk and theEconomicsofSecuritythe depth of coverage on security have ballooned as the media seeks to shed light on the ... than 20 percent ofthe number of payments processed in the EU), the focus ofthe analysis is mainly on the euro area: the above-mentioned 10 euro area countries in the survey together process about...
... and the accompanying title of honor; and the category thresholds themselves We broadly define the former as the publicity effect of category reporting, and the latter as the category effect ofthe ... FOUR ESSAYS ON THEECONOMICSOF PRO -SOCIAL BEHAVIORS LI JINGPING (B.Econ., Fudan University; M.A., NUS) A THESIS SUBMITTED FOR THE DEGREE OF DOCTOR OF PHILOSOPHY DAPARTMENT OFECONOMICS NATIONAL ... studied the impact of suggested contributions on the likelihood of efficient public-goods provision In one treatment, they varied the subjects' valuation ofthe public goods, and in the other treatment...
... 1-16 TheEconomicsof Electronic Commerce Current Commercial Uses ofthe Internet The size ofthe market, judged by the number of agents or domain names, is growing rapidly on the Internet The growth ... these mechanisms depend on the neutrality and trustworthiness ofthe parties who provide the supposedly objective information The neutrality of these parties is often in doubt, or otherwise their ... conveyed in many ways As the virtual cyberspace exists in the minds ofthe users, the idea or information—as the product ofthe mind—is said to be the native dweller ofthe cyberspace Its economic...
... marketing theory and practice? A Look at the Future • • How current trends reflect the importance of SNT to marketing thought and practice? How could social network theory enhance my investigation of ... Do social ties between buyers and sellers improve the likelihood of a transaction? – How does the value of information moderate the effect ofsocial structure on relationship outcomes? • Typical ... customer/professional communities/knowledge networks) The fundamental premise of this talk… Because marketing is relational, social network theory (SNT) helps to advance marketing theory and...
... psychology and the application of its psychometric methods to the study ofsocial phobia The first scale for the measurement ofsocial anxiety À the psychological construct at the heart ofsocial phobia ... comparison to the normal, thesocial phobic response is exaggerated, over-generalized, and chronic The issues raised by these incompatible points of view attending the inception ofthe notion ofsocial ... for one’s neighbor With the secularization of life, the eighteenth century witnessed the beginning ofthe medicalization ofthe abnormal experiences of fear 18 What is Social Phobia? Thus, medical...
... inadequacy on the part ofthe patients foreseeing failure in achieving their social aims The second approach by contrast, de-emphasizes the formal/structural aspects ofthe proper performance ofsocial ... indirectly, by means of correcting deficient social skills or problems in the structure ofthesocial behavior ofsocial phobic patients, deemed necessary for proper social functioning The structural ... constitute social phobia and turning it around Positively stated, that means enhancing the participation ofthe individual in thesocial life ofthe community of which he or she is a member in the pursuit...
... at the Fed? 32 Why the Chairman ofthe Board of Governors Really Runs the Show 330 How Independent is the Fedl Inside the Fed 32 325 Board of Governors ofthe Federal Reserve System Inside the ... 320 32 The Political Genius ofthe Founders ofthe Federal Reserve System Structure ofthe Federal Reserve System 322 Federal Reserve Banks Inside the Fed 323 The Special Role ofthe Federal ... CHAPTER The Stock Market, the Theory of Rational Expectations, and the Efficient Market Hypothesis 147 Computing the Price of Common Stock 147 The One-Period Valuation Model 14H 149 The Generalized...
... fiber all the way to the home or office and offer the most future-proof solution in terms of pure bandwidth capabilities But in some cases, FTTP may not be the optimal solution in terms of overall ... TheEconomicsof FTTN vs FTTP There are three predominant schools of thought regarding how to meet the everincreasing bandwidth needs of consumers and businesses Fiber-to -the- premise ... customer The Economicsof FTTN vs FTTP The business case Bandwidth – how much is enough? Every operating company must consider its own business case in relation to the capabilities ofthe existing...