LIVE STREAM DIALOGUE WITH JOHN HEARNE. A LIVE STREAMED DIALOGUE ON MONEY, BANKING AND POLITICAL ECONOMY. “TINA” THE VILLAGE BIKE OR TEMPLE WHORE.

Running Order.

1. John Bio Introduction. John is the Economics expert and it is His Brilliant Idea. What are his Ism ’s, Ist’s and Ologies? Are you a Monetarist? And what is that?Roger, intro brief.

Ex Property Developer, Chartered Surveyor turned Hippy Anarchist.

2. Tag Crowds in the Running Order after first Video Introduction.

1. Economy, Economics

2. Money.

Johns Tag Crowd Top 5.

3. 1. Economy, Economics, Economists. (19)

2. Government’s 12

3. Income. 9

4. private (9)

5. Management

The word Tag shows words repeated 3 times or more, Bank does not appear as it appears only Twice in the short article.

“Both Times in the context of The Bank of England, and Central Bank as a function of Government or Public Sector.

“As we have removed fiscal policy from macroeconomic management of the economy the only macroeconomic requirement will be for the Bank of England to maintain a 2% inflation rate without manipulating interest rates. This will require quantity on money management on their behalf.”

How do we keep track of the components , resources, Money, Labour and widgets and their interactions?

6. No Banks and No Money? Aggregates?

7. SMALL GOVERNMENT CLEARLY FOCUSED ON:
1.  BUYING THE PUBLIC GOOD,

2.  SUPPORTING THE MERIT GOOD,

2.  SUPPORTING THE MERIT GOOD,

8. Spash Indulgences.  Buying the public good and taxing the bad.

Free Will or Determinism?
Long Quote to discuss comment on , will not read out?
Ethics of voluntary offsets

Goodin (1994) has likened pollution permits to indulgences sold by the medieval

Catholic Church. These medieval moral sin offsets created a market whereby the

rich could pay professional pilgrims, prayers and penitents. This allowed relief

of the rich person’s conscience and less time in purgatory, without the need to

personally undertake arduous tasks or indeed stop sinning. The system replaced

personal action to address wrongdoing with a monetary transaction allowing

immoral actions to be justified. Sin would perversely increase because, for the

wealthy, indulgences provided a lower cost alternative to lengthy penances

(Ekelund et al. 1992). The analogy has also been applied to carbon offsets

(Monbiot 2006; Economist 2006). If regarded in the same way as indulgences then

GHG permits are a means of paying to undertake a wrongful act. Just as God was

the ultimate arbiter in the next life so the validity and effectiveness of GHG credits

is left for future generations to determine when they confront the impacts of

climate change and the originators of the harm have long since passed away.

If we assume that offsets are genuine and of a high standard (socially and

environmentally) and perfectly physically equivalent to emissions reduction (all

of which has been questioned and contested) then why should there be any objec-

tions? There appear to be two main concerns. First is whether GHG emissions

should be regarded as wrongful in a moral sense like sin. On aggregate and at

current levels they can, for example, certainly be regarded as harmful of the

innocent, but at low levels could be benign. So releasing GHGs is not in itself

wrong, but rather wilfully risking harm of the innocent is wrong. The problem

for economics is then its failure to distinguish between undertaking harm and

creating good – that is, incommensurability (Spash 1994, 2002).

https://www.clivespash.org/wp-content/uploads/2015/04/2010_Spash_Brave_New_World_NPE.pdf

9.A CENTRAL BANK.

the only target it can achieve which is 2% inflation

10. A TREASURY ( PART OF SMALL GOVERNMENT)

Treasury that balances the government`s budget

11. (PRIVATE ENTERPRISE), FIRMS?

private enterprise to ensure that the economy grows at a fast and sustainable rate

12 CONSUMERS AND WORKERS

employment levels are high a

long term stability in the domestic economy

13. FOREIGN TRADE?

a balance of payments close to a zero balance on current account

(long term stability in the domestic economy )

and in its currency on foreign exchange markets.

14. “WHAT IT WAS THAT WORKED IN THE PAST AND, RATHER THAN LOSE IT, THINK HOW IT CAN BE IMPROVED UPON FOR THE FUTURE.”

If it ain’t broke don’t fix it.

15. “CAPITALISM IS THE ONLY TRIED AND TESTED ECONOMIC MODEL THAT HAS BEEN SUCCESSFUL IN PROMOTING ECONOMIC GROWTH, RAISING LIVING STANDARDS AND BRINGING ABOUT GREATER EQUALITY OF INCOME AND WEALTH”.

which period of time and what is Capitalism?

Greek, Roman, Chinese, Persian, Civilisation. Hanseatic League?

What have the Romans ever done for us?.

 16. Democracy? Are we Citizens SUBJECTS OR MERE CONSUMERS?

We are Accorded Elections, Who Votes on what issues?

Terms of office, Accounting Period, Where is the money coming from?

ALL ADULTS OVER THE AGE OF 18 A YEARLY INCOME OF £10,000. THIS WILL REPLACE ALMOST ALL WELFARE BENEFITS, HELP FINANCE CONTINUING EDUCATION, SUPPORT THE WELFARE SERVICE AND GIVE THE UNEMPLOYED AN INCENTIVE TO WORK

17. Universal Basic Income, or the Job Guarantee. AI, Robotics, 

18. Taxation and Private property?

How did the US Federal Government raise its budget before the introduction of an income tax coinciding with the Federal Reserve in 1913? Is Income Tax constitutional in the US, in The UK.

Single Land Tax, Capital Gains Tax. Taxation on unearned income, Seniorage.
Where is the Money Token coming from?

19. Brexit? Lexit, Flexit, euSSR, euRASIA OR Oceania?

We BOTH HAVE A pro-Brexit mindset but for different reasons is my Enemies Enemy my friend?

INTERNATIONAL LAWS AND AN INTERNATIONAL COURT WHOSE RULINGS ARE ENFORCEABLE ACROSS ALL INTERNATIONAL BOUNDARIES.

Is this one world Government? New Word Order, Rules-Based International Order, NAFTA, TTIP, CETA, EU Enlargement The EURO?

20. Money, Money Money, its a Gas.
ECONOMISTS ARGUE ABOUT THEORIES THREE

COMMODITY,

chartalist

CREDIT THEORY

21. CAPITALISM. PICK A FLAVOUR ANY FLAVOUR?

22 GLOBALIZATION

 

23.Big Bang and Financialisation?

Money and financial institutions provide the command and control system of a modern society. The study of the mechanism, how they are formed, how they are controlled and manipulated and how their influence is measured in terms of social, political, and economic purpose pose questions, not in pure economics, not even in a narrow political economy, but in the broad compass of a political economy set in the context of society. ”
Martin Shubik

24. Minimum Wage yes or no?

24. Elitism or Populism? Dictatorship or Democracy, Debt or Credit?

26. MONEY AS A MEASURE of ENERGY BASED ECONOMICS.