Proof the FSFP works
I have found what looks like mathematical proof that the FSFP (Flow Siphon Flat Payment) does encourage better markets, more equality and a more fluid interaction of many individuals across many markets. It does what I thought it would! It turns a stagnant pond dwarfed by a rigid hierarchical tsunami into a fluid, vibrant market [...]
In todays Economist Buttonwood mentions a suggestion by Sushi Wadhwani (former Goldman Sachs economist, member of the monetary policy committee and now hedge fund manager), and Michael Dicks that instead of buying bonds and monetary assets with the funds created through Reserve bank QE (Quantitative easing ) it might be more effective to give people [...]
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Back in the late 19th century an Italian engineer-turned-economist named Vilfredo Pareto was coming up with some interesting notions regarding wealth distribution. Pareto had noticed that quite a bit of Italy’s wealth seemed to be concentrated in the hands of only a few people. After some diligent work, he determined that approximately 20% of the [...]
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India is an emerging economic superpower. With a population in excess of one billion people and GDP growth at 9 and 10% (1) respectively for the past two years, India is on track to be a global force economically and socially. History though has a habit of repeating itself and if India does not take [...]
Continue reading …We are more likely to take greater risks to avoid losing money, or face than to acquire an equivalent amount. Game theory experiments have found when given the chance to make money we will err on the side of caution taking the less risky approach. If you are given $1000 yours to keep, and you [...]
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