An approach to synthesizing the heterdox schools of economics via a more comprehensive sociological theory of the factors of production, including energy and money.| ebuchman.github.io
A short review of some types of local money systems, with a focus on their potential as liquidity saving mechanisms via credit clearing.| ebuchman.github.io
Modern Monetary Theory is refocusing economics on an important set of ideas: monetary sovereignty, the resource constraint, and a basic jobs program. There are curious parallels to cryptocurrencies. But MMT still has some ways to go to become the ecologically and socially sound theory of money we so desperately need| ebuchman.github.io
Socioeconomic systems may be conceived in the same vein as organisms: driven, replicated, non-equilibrium systems in a landscape of steady-states. Lifetimes and sustainability in such systems are parameterized by the capacity to represent and predict driving signals, and to use the energy contained in such signals to replicate successfully. Driving signals are the cycles of availability of input energy that drive systems out of equilibrium. Driven systems favour the formation of well-organize...| ebuchman.github.io