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Overview | Process | Self | Society | Organizations | Recommendations | Summary
Economic Questions
Q. What is the purpose of the economy?
A. The purpose of the economy is to ensure the efficient allocation of labor for the common good.
Q. What is a good economy?
A. A good economy is when I am doing well.
A. One in which everyone who desires a job, has a job.
One in which everyone can meet their basic needs.
One in which everyone is rewarded for their contribution.
One in which everyone feels secure.
One in which an individual's savings are protected.
Q. What is bad economy?
A. A bad economy is when I am doing poorly.
Q. Can we generalize this concept?
A. Yes, as follows:
Q. Can we design a system to provide a good economy?
A. To be determined.
C. Thoughts on capitalism
Q. What is the purpose of economics?
A. Economics is the method by which society organizes the activities of individuals.
Q. How do we provide a stable economy?
A. We provide a stable economy by first providing a job for everyone, second providing a progressive tax system, third indexing the tax rate to the inflation rate monthly, saving excess tax revenue during times of inflation and spending the governments savings during periods of low employment.