Economics, Value, & Price

Something rarely expressed is the other side of the equation price vs value for an example 

Comments



Steiner says, in his Economics essay, that real estate has no real value … that giving it value is one of the major downfalls of modern economics and the major cause of inflation.

However good these ideas are, they missed their boat. They would have been a useful model in the later half of the 20th century. Now, they are beyond their use. Government will implode world wide before this model will be able to mature, and what will take the place will be an intrinsic value system, similar to the Time Bank model currently being used in many local communities across the nation, and in other countries, today.

Yeah, I am aware of what RS said. This is more what is happening with the US capitalism system.
I posted this earlier the year http://rsfsocialfinance.org/