Mini-Stock Markets, Renewable Energy, Stable Rents, Local Trade, and Solar Currency emerge in a timeless economic system where Pluralism transcends
Capitalism.
Welcome to Pluranomics, the economics of many.
Dear Michigan Economics Society (MES),
Thank you for the opportunity to teach economics at the University of Michigan. The questions were insightful and thoughtful. We sincerely welcome you to further our discussion on this blog.
Attached is the Pluranomics Film that we presented to you at the close of the lecture. Thanks again.
Go Blue!
Doug & Genna Wolkon
“Businesses Barter For Renewable Energy”
A New Local Investment and Credit System designed to grow renewable energy and strengthen local economies.
What causes the prices to go up and real value to go down? To understand what causes inflation, visualize using only one economic variable - LAND; because ALL material things we buy or use originate from the land.
The land may change form, but the wooden floor you stand on (trees), the fork you hold (metals), the road you drive on (asphalt, derived from oil), the T-shirt you wear (cotton plant), the boat you sail (fiberglass, from sand or silica), and the food you eat are all originally derived from the land.
So often I am asked if I think home prices are going up or down. I remember in 2004 sitting around a big conference table with my private equity partners answering this same question (we financed large condo projects and bought raw land parcels to resell to home builders). And even with the 30%+ drop in housing prices in America from their peak in 2006, my then most unpopular answer has not changed, its still “down”. Continued
So what is an Economic Detox? Raw green vegetables consumed through a straw is the food equivalent. Think diarrhea. I know what you are thinking, “yuk”. But as Wall Street has learned the hard way, we have no choice in the matter. Our economy is detoxing whether we like it or not; dropping our excess weight in order to regain our balance; flushing our obese corporate and government costs down the toilet in support of the long-term prosperity of the quicker, lighter, faster and more profitable Mom and Pop entrepreneurs. Continued
The American Dream once strongly stood for ideal freedom. For as a child in America, we are so fortunately nagged about what we want to be when we grow up: a fireman? an astronaut? or how about an entrepreneur? The American Dream meant career choices for everyone in America!
But somehow our freedom of choice that once so clearly encompassed the American Dream changed. Not sure when or how, but it clearly changed. For as I grew older, the American Dream became all about owning a home. What house, in what neighborhood, with how many bedrooms was all that we seemed to dream about. But then suddenly, the dream became a nightmare. Continued
Given the poor state of the economy, isn’t it inevitable that the system for trash removal commonly referred to as “Pay As You Throw” is soon coming to a theater near you? So what happens when our cities and towns charge us individually by weight and/or size for the trash we produce?
Think about how much trash is being imported into your city everyday, only to be removed and sent to never never land the next day. The inefficiency of such an economic system is soon to be confronted. We have no choice. Our cities and towns can no longer afford to just turn the cheek and waste all that energy. Continued
My book The New Game provides an economic back-up plan and formula to help us shape our economic future.
It's an approachable and timeless solution promising an era of sustainable economic growth stoked by entrepreneurship and innovation.
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