Tag Archives: Fiat Currency

The true value of money

Economics needs a revolution. By David Orrell Source: Adbusters This sentiment has been expressed by people from the physicist turned hedge-fund manager Jean-Philippe Bouchaud (in a 2008 paper), to the Bank of England’s Andrew Haldane (in a 2014 foreword for … Continue reading

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Sumerian Economics

By Peter Lamborn Wilson Source: Reality Sandwich Public secret: everyone knows but no one speaks. Another kind of public secret: the fact is published but no one pays attention. A cuneiform tablet called The Sumerian King List states that “kingship … Continue reading

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