Thanks for the inciteful article.

I have been independently researching the state policies in Maine since Maine was deemed to be a centrally managed economy in 1976. I researched this policy for many years before I stumbled upon this little-known federal act of 1968 that set the states into motion and even advises states to change their Constitutions and municipalities their ordinances to conform with the federally centrally managed economy using wealth redistribution as its instrument. The act is The United States Intergovernmental Cooperation Act of 1968, Public Law 90–577i

I do not know where I come down on fiat currencies vs gold (or other limited) standard, since a currency is what keeps things moving and a standard is static, at the root of it all I believe that it is still true that productivity creates wealth but productivity also needs capitalization, which is where currency comes into play.

I do not believe centrally managing the economy should be the government's role, but as long as we have a fiat currency, it is the government's role to manage the currency and Imho, that should be to keep the flow of the currency within an acceptable Gini measure and to that end UBI's need to be added as a tool of currency management measured by the Gini rating.

--

--

Its a long story . What is most important is first in in about section on www.andersendesign.biz

Love podcasts or audiobooks? Learn on the go with our new app.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Mackenzie Andersen

Mackenzie Andersen

Its a long story . What is most important is first in in about section on www.andersendesign.biz

More from Medium

Leaving Evidence

Driving a stake through the heart of the industry’s issues

Education Inequality Due to COVID-19