Friday, March 30, 2012

Who do you think you are! I am!

Economic Metaphor

"Money" is an economic technology created to help humans manage scarcity. It is one of the handful of prehistoric technologies still in use.

It shouldn't be very surprising that managing it with computers to run a global, industrial economy is a disaster. It's like trying to drive down the interstate in a Flintstones-style car by bolting a rocket engine to it.