More Middle Class Job Losses on the Horizon? Time to Make Our Own Way

Banks have been raising rates. They do this when they feel the economy is becoming unstable and they want to slow it down. Usually the next thing is we have a recession. Following 2008, after the economy restructured itself, we lost a lot of good middle income jobs. As a result we have an increase…

Lonergan Economics and FreeBank

Enabling Lonergan’s Economics as a Stable Evolutionary Strategy Implementing Lonegan’s rules of crossover flows, namely establishing equilibrium between the basic circuit and the surplus circuit, has proved problematic since the inception of the idea. FreeBank is a blockchain based currency system designed to balance these two macroeconomic circuits as an evolutionary stable strategy. This is…