Money as Information
||A revolutionary proposal about the world's
use of money is revealed in Edward Malmstrom's newly published book, Money
As Information. If adopted, the plan would change the way the world's people
think of and use money.
At the heart of Dr. Malmstrom's proposal is the fact that money is artificial. It is something created by the mind of man, not something handed to us by nature like gravity or sunlight. Economists agree that money is a mental concept, a social contract, but this fact has not been analyzed from a psychological or philosophical standpoint so that some practical use could be made of the information.
Because man invented money, man is free to modify it or to eliminate it entirely, Dr. Malmstrom argues. And was there ever a time in history when the world more desperately needed a radical makeover of its economic system?
The concept of money can be altered to greatly improve its usefulness to man. Poverty can be eliminated and government taxation can be rendered unnecessary by conceptually simple changes, according to this book.
Economists and planners have repeatedly attempted to establish a Guaranteed Minimum Income, but have failed to find a practical way to fund such a feature. Dr. Malmstrom believes it can be done under his plan, and at the same time federal taxes can be discontinued and essential government programs such as infrastructure building can be more easily funded.
|The author believes that no economist could write a book like this,
but as a retired research psychologist specializing in psychological stress,
Dr. Malmstrom can think outside the economics box and envision an economic
system that is far more beneficial to mankind.
This small but powerful book took two years to write, though the author had been formulating his theory for forty years. Earlier, it might have been deemed unnecessary and too radical. Now the world economic situation is so desperate that his theory should be seriously considered.
The author explains the evolution of money over the centuries and declares
that the time is ripe to recognize that its further evolution into an informational
medium must proceed now. He lays out the advantages of a worldwide shift
to informational money and, writing in the style of an intelligent layman,
grapples with some possible objections to his theory.
Money as Information is available now as an Amazon Kindle book. Click here to buy or sample
NOTE: You do not need to own a Kindle to read
the book. At the page linked to above,
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