Wednesday, June 27, 2012

Of Money and Banks

Looking back, I seem to have too much to say about these topics.
In chronological order..

This one talks about how money is an abstraction for human interdependence and how it has properties that are different from properties of human interdependence.

It is a mixed bag about unethical banking practices like loan switching charges and floating rate of interest (as if fixed one was better) and how we should move away from loans and only allow investments.

Read this one. What if money expired ? Is choice enough in capitalism?

Banks should be open to failures for their own good.

If you are employed, you will love this one.

More detailed analysis of frequency of choice - the missing piece in capitalism. 

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