The greatest social problem that we are experiencing today is the growing difference between the poor and the rich and we have learned to accept it. But it is at terrible cost in separation and the associated feelings of anger, depression and helplessness, between the people who have jobs that provide stable incomes with comfortable homes and those who don't and can't. The practical solution here is driving me nuts!
Many governments have made progress in easing this injustice--some…Continue
What I would like to see happen during this century to make the world a better place
Although land is generally treated as if it were capital, it was not created by Man. In particular, our land is a gift of nature (if not of a Higher Authority) and we have it on trust. Before very many people lived on this land it was almost worthless. Its…Continue
Added by David Harold Chester on December 27, 2014 at 5:51pm — No Comments
The 6 idealized entities, Landlord, Household, Producer, Capitalist, Government and Finance-Institution, are representative of all of the role-playing parts of the macroeconomics system of a country. As horizontal beams at…
Added by David Harold Chester on October 31, 2013 at 12:30pm — No Comments
HILLEL AND THE TAXMAN
Hillel the Elder’s fame rests on his use of logic for deriving Talmudic law and this talent also relates to his three questions about Jewish moral behavior (see: ”Avot” or “Ethics of the Fathers”, Chapter 1 verse 14). These questions are presented below. They are applicable to many attitudes and responses that individuals take and also pertain to the community at large. Amongst the public and social money matters, this includes a nations’ methods for…Continue
Added by David Harold Chester on May 4, 2013 at 12:39pm — No Comments
Unfortunately for the progress of the human race we seem to know very little about how to govern ourselves and the result is a lot of guesswork without apply much science or logic. But there is a means for better understanding of how our system of society or macroeconomics actually functions, which I have developed and which I can supply.
The past history of macroeconomic thought contained several impotant steps toward this development of this science, but it fell short in recent…Continue