State of the Future Index – Millennium Project Update

The State of the Future Index (SOFI) is a measure of the 10-year outlook for the future based on historical data for the last 20 years. It is constructed with key variables and forecasts that, in the aggregate, depict whether the future promises to be better or worse. The SOFI is intended to show the directions and intensity of change and to identify the factors responsible. It provides a mechanism for studying the relationships among the items in a system — how making a single change ripples throughout a system, in other words, creating some positive and intended consequence as well as unintended results. It has been produced by The Millennium Project since 2000.

See: http://millennium-project.org/millennium/SOFI.html

Recommending the book Diagrams & Dollars

I recently read a book I recommend.

See: https://www.goodreads.com/review/show/938224606

Although this short book is little more than an essay, it rocked my world, turned my thinking upside down, and caused me to question several basic economic assumptions I have held for a long time.

Could student loans be offered interest free? Can the national debt grow without limits or consequences? Can we eliminate taxes? Can the Federal Government readily provide each of us with a generous citizen’s dividend? Could we end poverty with a few pen strokes? Is this all too good to be true?

Enjoy an hour reading this short, clearly written, and thought provoking Introduction to Modern Money Theory and decide for yourself if there is any hope for the ideas it presents.

 

Ordinal Language may undermine climate change deniers’ efforts.

While 97% of climate scientists concur on the causes and dangers of climate change, merely mentioning “uncertainty” often allow deniers to rally their following. Recent research suggests that using language that links increased risk to uncertainty can help orient people to the real dangers of climate change.

See: http://www.salon.com/2014/04/19/why_climate_deniers_are_winning_the_twisted_psychology_that_overwhelms_scientific_consensus/

Lynchpin

Bringing wisdom to life requires such a profound transformation it is difficult to know where to begin. Economic concerns are so pervasive, so influential, and our economic systems contain so many faults that perhaps an economic transformation can ignite a broader transformation toward wisdom.

The book Sacred Economics: Money, Gift, and Society in the Age of Transition, by Charles Eisenstein, presents a plan for a bold economic transformation. The book is offered as a gift online, a short video introduces several ideas, and my recent review of the book is now available on-line and as a pdf file. I have also created a compact Problem-Solution Matrix of the book’s essential ideas.

Perhaps a transformation toward a more sacred economic system can help us all lead wiser lives. This book provides a starting point and roadmap for such a transformation.