Friday, 21 February 2014

Margrit Kennedy

Margrit Kennedy 1939 - 2013
Professor Dr Margrit Kennedy
It was with deep regret that we learned that Margrit Kennedy passed away on 28 December 2013 at her home in Germany. Margrit was a leading light in developing alternative approaches to money and currencies and an outspoken critic of the current global economic system.
Margrit’s tour of New Zealand in the summer of 2001-2002, along with her husband Declan, inspired the formation of Living Economies Educational Trust.
Margrit specialised in Urban & Regional Planning with a Ph.D. in Public & International Affairs then became professor of Ecological Building Technologies at the Dept. of Architecture, University of Hanover.
Her book, Interest and Inflation Free Money, Creating an Exchange Medium that Works for Everybody and Protects the Earth, has been translated into 22 languages. With Bernard Lietaer she wrote People Money – the Promise of Regional Currencies, which tells the stories of local currency systems from around the world. Her most recent book, Occupy Money, Creating an Economy Where Everybody Wins, makes the case for a stable and sustainable monetary system that reflects real wealth instead of the smoke and mirrors of speculative profit.
Margrit's passion and commitment lives on in our work.
Our heart goes out to Declan, and to all who knew and loved her.
This clip shows Margrit explaining her main insights on eco-logical money: offers the interested reader insight into the work and publications of Prof. Dr. Margrit and Prof. Declan Kennedy. offers an overview of their professional careers.

Ref Living Economies

Occupy Money

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We can create a money system that is the ally, and not the enemy, of all that is precious in the world. We can make money into something we can truly embrace as ours. That, I think, is the heart of the call to occupy money. These are hands-on solutions that are available to every citizen, without having to wait for those in power to make changes from above. --- from the Foreword by Charles Eisenstein

Inflation and compound interest have caused our monetary system to balloon to the point where bailing out banks, large corporations, and even entire countries will not prevent a complete breakdown of the global economy – unless we make some fundamental changes. It’s time for a grassroots movement to knock conventional money off its pedestal and replace it with a fresh paradigm that puts people before profits.

Occupy Money makes the case for a stable and sustainable monetary system that reflects real wealth instead of the smoke and mirrors of speculative profit. This hopeful vision can be realized through such creative initiatives as:
• Eliminating interest through interest-free loans and “demurrage”, which rewards currency circulation
• Re-localizing economies through regional currencies
• Establishing time banks and complementary currencies geared to specific services such as health and education.

For many years financial insiders have hidden economic truths by describing them in arcane terms that no layperson can understand. Occupy Money cuts through the confusion and clearly and succinctly explains how, rather than favoring the 1% at the expense of the 99%, we can restructure our monetary system to meet the needs of us all. In so doing, this revolutionary manifesto issues a challenge to the very foundations of conventional economic doctrine.

Ref Amazon.

An Outline of Economics. An Interesting Resource

From Wikipedia, the free encyclopedia     Blogger Link http://www.p2pfoundation.netTransfinancial_Economics

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The following outline is provided as an overview of and topical guide to economics:
Economics – analyzes the production, distribution, and consumption of goods and services. It aims to explain how economies work and how economic agents interact.

Nature of economics[edit]

Economics can be described as all of the following:
  • Academic discipline – body of knowledge given to - or received by - a disciple (student); a branch or sphere of knowledge, or field of study, that an individual has chosen to specialise in.
  • Field of science – widely-recognized category of specialized expertise within science, and typically embodies its own terminology and nomenclature. Such a field will usually be represented by one or more scientific journals, where peer reviewed research is published. There are many sociology-related scientific journals.
    • Social science – field of academic scholarship that explores aspects of human society.

Essence of economics[edit]

Branches of economics[edit]

Subdisciplines of economics[edit]

  • Attention economics       
  • Behavioural economics
  • Bioeconomics
  • Contract theory
  • Development economics
  • Econometrics
  • Economic geography
  • Economic history
  • Economic sociology
  • Education economics
  • Energy economics

  • Entrepreneurial economics
  • Environmental economics
  • Feminist economics
  • Financial economics
  • Green economics
  • Industrial organization
  • Information economics
  • International economics
  • Institutional economics
  • Islamic economics
  • Labor economics

  • Labor economics
  • Law and economics
  • Managerial economics
  • Mathematical economics
  • Monetary economics
  • Public finance
  • Public economics
  • Real estate economics
  • Regional science
  • Resource economics
  • Socialist economics
  • Welfare economics

  • Methodologies or approaches[edit]

    Multidisciplinary fields involving economics[edit]

    Economies by region[edit]

    History of economics[edit]

    Types of economies[edit]

    An economy is the system of human activities related to the production, distribution, exchange, and consumption of goods and services of a country or other area.

    Economies, by political & social ideological structure[edit]

    Economies, by scope[edit]

    Economies, by regulation[edit]

    Market forms[edit]

    • Perfect competition, in which the market consists of a very large number of firms producing a homogeneous product.
    • Monopolistic competition, also called competitive market, where there are a large number of independent firms which have a very small proportion of the market share.
    • Monopoly, where there is only one provider of a product or service.
    • Monopsony, when there is only one buyer in a market.
    • Natural monopoly, a monopoly in which economies of scale cause efficiency to increase continuously with the size of the firm.
    • Oligopoly, in which a market is dominated by a small number of firms which own more than 40% of the market share.
    • Oligopsony, a market dominated by many sellers and a few buyers.

    General economic concepts[edit]

    Persons influential in the field of economics[edit]

    Economic historians[edit]

    Nobel Prize winning economic historians[edit]

    Other notable economic historians[edit]

    See also[edit]

    External links[edit]

    Bill Gates: “Economists don’t actually understand macroeconomics”

    The only way to get a far more advanced understanding of Macroeconomics is to trace it in Real-Time via supercomputers, and indeed, qua...