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Yesterday I gave a presentation on rethinking money at UMass Amherst for a course Julie Graham is teaching called Rethinking Economy.  Julie does some very interesting work on community economies.

I’ve recently been introduced to the field of econophysics and I’ve read an interesting the review paper on the field. My thoughts on this paper is that it’s very good news for the community currency movement, if understood properly. For a long time when talking about cc, I’ve been using the little thought experiment of […]

I’m in mexico, and it’s the start of the third day of the open money intensive.  This is an incredible experience of the expansion of the open money vision that’s been in gestation for so long and is now being  birthed.  More soon!

Recently I’ve had opportunity to reflect on why I’m particularly dedicated to the open money path out of all the many different community currency paths.
I offer it here not in the spirit of saying open money is better than other approaches, but rather just to share my understanding and what motivates me to work […]

In a discussion today with Jean-François about the content of my previous post, he described another very important way of thinking about the evolution of writing from pictographs to alphabets and ideograms. Namely that the step taken was from a system in which representations could be created, to a system in which information can […]

Today it occurs to me that one way of describing inflation is that it is a tax on falsehood. Most of the taxes we pay are explicitly levied in some way or another. Inflation is the implicit tax that we pay through the structure of the monetary system itself, because of the way […]

David Abram, in his book The Spell of the Sensuous, describes the history of written language and its evolution from pictographic directly representational symbolic system to an abstract phonemic system. He describes the incredible intellectual leap taken by some scribe who realized that the symbol doesn’t actually need to have ANY visual resemblance to […]

There’s a skype chat I’m on that discusses community currencies, that recently was trying to find “the ultimate elevator pitch” for community currencies. This is a very reasonable request as all of us working in this area are frequently asked to describe what we are up to succinctly. Here’s my post to that […]

You can read this short book in an hour, but you’ll be thinking about it for much longer. Galbraith, a man of impeccable credentials, points out some of the unspoken (by mainstream culture) truths of our times:

“The free-market system” is the meaningless replacement term for what capitalism has become, and what should truthfully be […]

A while back I thought I would take on the discipline of posting a short essay on each book I read. I haven’t done that, but here is a list of my recent reading, with one or two sentences for each.
Goatwalking, Jim Corbett: Astounding analysis of the relationship of people to society and how […]

In a previous post, I talked about how there are two different kinds of trust, and how important that is to understanding what needs to happen in the currency world. Here is a fantastic essay on confucianism technical standards and culture, which gets to the same essential pattern but in a different arena. […]

The power behind the open source/creative commons movement lies in the value of letting go of ownership of your productive work and trusting that the value you could have charged for directly by not doing so, will instead be returned to you indirectly.
So, I did this for my paper on the process revolutuion and I […]

Today I listened with awe to Keith Olbermann “Sacrifice” speech. I can only hope that this, appearing in a mainstream media outlet, will have the effect of ending our modern day McCarthyism: “the War on Terror.”
[tags]War on Terror,McCarthyism,Sacrifice, Iraq,war,Iraq war,George Bush[/tags]

When ever I introduce people to the idea of community currencies, I have experienced that the question of trust comes up again and again. This is reasonable, but I’m quite convinced that the breadth and depth of what trust is, is very poorly understood. Trust seems to be a word that, in the case […]

If you’ve been involved in the creative commons, open source, free software, or any of the many strands of thinking that are developing along these lines, then Copyright, Copy-Left, and the Creative Anti-Commons by Anna Nimus is a must read. She provides a very provocative understanding of the fundamental idea of copy-right, from it’s […]

One of the many very nice concepts that I learned about first in Jean François Noubel’s work on collective intelligence is sousveillance which is the inverse of surveillance. It was first coined by Steve Mann and then later picked up by Howard Rheingold.
Besides the concept itself and it’s obviously deep ramifications on political and […]

Well, Bruce Sterling, as usual, has an idea. It seems to me that we are walking a knife edge, nay, a ceramic blade edge of incredible sharpness, on one side of which is evolved conciousness, and the other, dismal slavery. That blade hurts my feet.

It looks like yahoo is getting into the community currency game with Yootles. A quick read of the their FAQ indicates a highly “economics” based approach. Also I don’t see an indication of the meta understanding that what’s necessary is to provide a playing field for people to create currencies, rather than just […]

“Don’t worry, it’s a rental.” That’s what we say when we drive that Hertz car smack through a pot hole. The difference between how people keep up rented appartments and owned homes is a standard trope in our culture. We understand that people feel and behave differently about things that they own.
The same […]