Editor’s Note: This topic is now comprehensively covered in my book, Broken Money. Money is a surprisingly complex subject. People spend their lives seeking money, and in some ways it seems so straightforward, and yet what humanity has defined as money has changed significantly over the centuries. How could something so simple and so universal, […]
Money makes the world go round Liza Minnelli
Money Illusion
Abstract. The term “money illusion” refers to a tendency to think in terms of nominal rather than real monetary values. Money illusion has significant impl
Systems: How the Ultra-Wealthy Think About Money - Anil Dash
A blog about making culture. Since 1999.
Quotes
I have a theory, which has not let me down so far, that there is an inverse relationship between imagination and money. Because the more money and technology that is available to [create] a work, the less imagination there will be in it.
Quotes
I have a theory, which has not let me down so far, that there is an inverse relationship between imagination and money. Because the more money and technology that is available to [create] a work, the less imagination there will be in it.
Ceptr & Holochain - Currencies of Social Coherence. Holography and Distributed Hash Tables vs. Consensus Bottlenecks in Monolithic Blockchains.
“Perhaps the first thing that comes to mind when thinking about science fiction and money is the different kinds of currencies that are imagined for future worlds: the poscreds of Philip K. Dick’s Ubik, a currency required for every minute transaction such that the door becomes not an item you own but, rather, a provider of services for which you must continually pay, leaving protagonist Joe Chip trapped in his own apartment until someone pays his door to open; the bars of gold-pressed latinum used by the avaricious Ferengi on Star Trek, the only thing that cannot be replicated in this post-scarcity world, useless other than as an atavistic marker of wealth; the reputation- based currency of whuffie in Cory Doctorow’s Down and Out in the Magic Kingdom, used to replace the social role money plays in creating a hierarchy in another post-scarcity world.
The Future of Money: How the Digital Revolution Is Tran…
A cutting-edge look at how accelerating financial chang…
Economics for the future – Beyond the superorganism
Our environment and economy are at a crossroads. This paper attempts a cohesive narrative on how human evolved behavior, money, energy, economy and th…
Money for mutual resilience: Introducing Blacksky Cash
Mutual aid has always been about more than money. But money, shared intentionally, can be a powerful expression of solidarity. This is us building toward that future.
Why we should fear a cashless world | Dominic Frisby
Poor people and small businesses rely on cash. A contactless system will likely entrench poverty and pave the way for terrifying levels of surveillance
CMV: The labor theory of value is flawed
72 votes, 407 comments. This might be an obscure topic, however, in some—largely Marxist circles— the approach seems to motivate much of the dialogue…
Can Money Serve Life? How to Fund Communities Doing the Real Work with Matthew Monahan
Economic idea — Offset documentation
In traditional monetary systems, money is issued by the state. Participants of the market can then use the money issued by the state to buy and sell goods and services in the market.
Tightwads and spendthrifts: An interdisciplinary review
Consumers rely on a “pain of paying” to help deter their spending. While this is beneficial for some consumers, others experience levels of pain that create problems. “Tightwads” experience too much pain when considering spending and therefore spend less than they would ideally like to spend. By contrast, “spendthrifts” experience too little pain and therefore spend more than they would ideally like to spend. Neither are happy with how they handle money. In the decade since the tightwad‐spendthrift construct was introduced, much has been learned about what it is and is not (e.g., frugality, greed), what contextual factors are likely to reduce its importance, how it plays a role within romantic relationships, and when it might first emerge in childhood. This paper reviews the wide range of interdisciplinary research relevant to the tightwad‐spendthrift construct and proposes several directions for new research.
