Author: Govert Schuller

AMI Statement to the UN Climate Conference COP28

  Introduction Monetary conference calls COP28’s attention to the connection between the current dysfunctional monetary system and environmental degradation, including climate change Chicago, November, 2023 — Last month, from September 29 until October 1, the American Monetary Institute (AMI) held its 19th annual conference on monetary theory and reform. The conference brought together some of the … Continue reading “AMI Statement to the UN Climate Conference COP28”

The American Monetary Institute: The View from a Steward

    Focus The focus of the American Monetary Institute was and is on the almost unbridled credit creation facility of commercial banks (and its frequent turning off the tap) as a major cause of the destructive booms & busts in the financial sector and its spilling over into the real economy with disastrous consequences … Continue reading “The American Monetary Institute: The View from a Steward”

Gradiance: The Mother of all Reductions

  Introduction. When I read the following passage in a review of a book on the philosophy of music, my understanding of Carnot’s second law of thermodynamics and its philosophical implications kicked in and inspired me to compose an article combining a wide variety of ideas and experiences. This is overdue as I had promised … Continue reading “Gradiance: The Mother of all Reductions”

Life And Teachings of the Masters of the Far East by Baird T. Spalding

  By David Tame, March 2023. A Facebook friend of mine posted a quote from Volume 2 of these books [1] just hours ago, to which I gave quite a lengthy comment, and I now see the comment has been deleted (without any PM to myself). I think my comment is worth preserving. I am … Continue reading “Life And Teachings of the Masters of the Far East by Baird T. Spalding”

Additions to Bibliography February 2023

  B. Academic Studies on Sovereign Monetary Theory and Reform Armelius, Hanna & Carl Andreas Claussen, David Vestin. 2020. “Money and monetary policy in times of crisis”. Monetary Policy Department and the Payments Department of the Riksbank. Riksbank of Sweden. Economic Commentaries, 4 (11 June 2020): 1-15. Assenmacher, Katrin & Claus Brand. 2018. “The Swiss … Continue reading “Additions to Bibliography February 2023”

Philosophy, Religion, Mysticism and Madness

I am still in the middle of reading Wouter Kusters’ phenomenal Philosophy of Madness: The Experience of Psychotic Thinking. This book is a must read for all interested in philosophy, mysticism and madness, and those who are open to the disturbing closeness, even overlap, of all three, like Kusters’ ideas that: Philosophy is controlled madness; Madness develops … Continue reading “Philosophy, Religion, Mysticism and Madness”

Modernity Between the Rise and Fall of the Cartesian Cogito

  Introduction. In this blog I will compress into a short story my proposed periodization of Modernity, bookended by the Renaissance and Post-modernity. My idiosyncratic idea is to place the start of modernity in 1620 and its end in 1926. The Start of Modernity in 1620 The choice of 1620 has two reasons. First, it … Continue reading “Modernity Between the Rise and Fall of the Cartesian Cogito”

Nominating the 2022 Nobel Economics Committee for the 2023 Ig Noble Economics Prize

  It is an honor to be awarded the prestigious Nobel Prize in Economic Sciences. This year it went to three American economists “for their research on banks and financial crises”. The lucky recipients were Ben S. Bernanke, Douglas W. Diamond, and Philip H. Dybvig and the Swedish committee titled their justification “Financial Intermediation and … Continue reading “Nominating the 2022 Nobel Economics Committee for the 2023 Ig Noble Economics Prize”