[p2p-research] Fwd: Where does the "lost" money go ? can we find it and get it back ?

[Michel Bauwens]

I will definitely explore your recommendations!

On Thu, Jan 15, 2009 at 12:41 PM, Stan Rhodes <stanleyrhodes at gmail.com>wrote:

> Thanks Michel.  I honestly don't know of a solid, comprehensive
> primer, or collection of work.  Some foundational texts exist for most
> of the schools of thought, but not a lot of work builds bridges
> between the schools themselves.   The basic advice is really not so
> special: find where economics connects with something of interest and
> importance, and pursue from there.
>
> My research into Grameen Bank and Chris Cook's guarantee society, and
> the discussions I had with folks at the money conference last year,
> made me realize I needed a deeper understanding of the fundamentals of
> money, credit, and economics in general.  From there, it has been, and
> continues to be, a lot of reading, watching, and listening.
>
> However one does it, it takes a lot of time and effort.  There is
> plenty of material out there--Wikipedia's economics pages are a good
> gateway--but there's definitely a period of just learning the
> language.  I try to get diverse perspectives, particularly ones I find
> initially troublesome (i.e. ones I don't initially like, and feel
> tempted to dismiss).
>
> Perspectives we don't like may be supported by evidence, even though
> we want to insist that WE are the ones being rational, not them.  If a
> perspective explains some evidence well, then there is value in
> exploring that perspective.
>
> In that vein, recently I've found a lot of value in listening to
> Econtalk, which is a podcast done by Russ Roberts:
> http://www.econtalk.org/  It's biased in some significant and
> noticeable ways, which has irritated me on more than one occasion, but
> overall the guests are diverse and present a lot of interesting
> problems and viewpoints.  Clay Shirky was on it, for example.
> Econtalk also has thorough podcast summaries and resources for each
> cast.
>
> Also, all Nobel prize economics lectures and articles from 2000 or so
> on are free to view at the Nobel site.  That's probably a bit hardcore
> for most, but some of them are fascinating.
>
> -- Stan
>
> On Sun, Jan 11, 2009 at 1:03 AM, Michel Bauwens <michelsub2004 at gmail.com>
> wrote:
> > thanks a lot Stan, I can see that you really studied hard and that you do
> > have a skill to explain complex problems to the non-initiated ..
> >
> > I understand now that estimated value of assets does not equate really
> spend
> > money ...
> >
> > how would you advise people to study the economy, starting from scratch?
> how
> > did you do it?
> >
> > Michel
>



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