And the winner is...

[BlasterBates]

Having read the views in the thread, I would say Atw clearly has the edge.

[TimberWolf]

It won't cover plenty of cases where intellectual efforts are involved, meaning we will go back to the stone age where firewood and some food were top priority. Perfect scenario for backwards countries whose main asset is the oil in the ground dug out using equipment invented in the west.

I havn't thought through all the minutia of how to unify money with energy, but I had considered intellectual and other value added work. The value of SKA for example would be represented by what someone would pay for it in terms of a monatary unity, just as before, but now that unit would be the joule rather than something fictional like money or the energy it would release by being burnt. We could always work back to see if something was being overvalued though. Sorry, can't go into more details - it's presently just a half-baked economics theory that I doubt I will take further

[sasguru]

Having read the views in the thread, I would say Atw clearly has the edge.

There is a good book called "The Confederacy of Dunces" I believe

[BrilloPad]

IMO economics has no solution and one opinion or theory is as good or carp as the next. Its foundation, money, isn't even a real quantity FFS. Surely this isn't news, considering all the carp we get from 'real' money experts? Unify money with energy I say (inflation would be impossible without violating the laws of physics) - and the units are the same (work done, measured in units of Joules/jewels)

So would want money to be linked to reality : like being on the gold standard.

It was going off the gold standard earliest that saved us from the worst of the great depression.

Economics makes a huge amount of difference to everyone : Any implementation of atw's policies would send us back to the dark ages.

I am not going to pretend I know alot of economics : but I know a pile of s**t when I see it.

[BrilloPad]

Having read the views in the thread, I would say Atw clearly has the edge.

Do you mean edge as on the edge of a nervous breakdown?

Lets hope whichever secure unit he goes to has no internet access....

[sasguru]

I havn't thought through all the minutia of how to unify money with energy, but I had considered intellectual and other value added work. The value of SKA for example would be represented by what someone would pay for it in terms of a monatary unity, just as before, but now that unit would be the joule rather than something fictional like money or the energy it would release by being burnt. We could always work back to see if something was being overvalued though. Sorry, can't go into more details - it's presently just a half-baked economics theory that I doubt I will take further

Just when I thought atW had plumbed the depths of economic BS, I read this...

[TimberWolf]

So would want money to be linked to reality : like being on the gold standard.

It was going off the gold standard earliest that saved us from the worst of the great depression.

Economics makes a huge amount of difference to everyone : Any implementation of atw's policies would send us back to the dark ages.

I am not going to pretend I know alot of economics : but I know a pile of s**t when I see it.

No quite, since Gold can't do work. It's a rare element with no intrinsic value, excepting its properties that enable work to be done. Its value is not stable, or a law of physics. Interestingly in the dark ages, money probably was linked to energy. Then things went horribly wrong about 5-10,000 years ago when fictional money arrived on the scene.

[TimberWolf]

Just when I thought atW had plumbed the depths of economic BS, I read this...

We can all BS in economics...