image missingTrue Value Metrics (TVM)
Meaningful Metrics for a Smart Society
image missing Navigation ... HOME
HOME BRIEFS PROBLEMS
POSSIBILITIES
SYSTEM
OVERVIEW
PROGRESS
PERFORMANCE
STATE
CAPITALS
FLOW
ACTIVITIES
FLOW
ACTORS
EFFECTIVE
MANAGEMENT
PETER
BURGESS
SiteNav SitNav (1) SitNav (2) SitNav (3) SitNav (4) SitNav (5) SitNav (6) SitNav (7) SitNav (8)
Date: 2019-12-14 Page is: DBtxt001.php L0600P-Bob-Blain

PEOPLE / THOUGHT LEADERS
BOB BLAIN
TO DO ... update images to be more relevant to the subject matter


R (Bob) Blain

New Economic Thinking ... Blain
New Economic Thinking ... Blain The Most Wealth for the Least Work Read why we are not enjoying our natural destiny on earth, wealth and free time to enjoy life.
Open file 0281
Bob-Blain-The-Debt-Problem-1781-to-2014
'http://truevaluemetrics.org/DBpdfs/People/BobBlain/Bob-Blain-The-Debt-Problem-1781-to-2014.pdf'
Open PDF ... Bob-Blain-The-Debt-Problem-1781-to-2014
Bob-Blain-A-Peace-Agenda
'http://truevaluemetrics.org/DBpdfs/Thinkers/Bob-Blain/Bob-Blain-A-Peace-Agenda.pdf'
Open PDF ... Bob-Blain-A-Peace-Agenda
Bob-Blain-Causes-of-National-Wealth-and-Poverty
'http://truevaluemetrics.org/DBpdfs/Thinkers/Bob-Blain/Bob-Blain-Causes-of-National-Wealth-and-Poverty.pdf'
Open PDF ... Bob-Blain-Causes-of-National-Wealth-and-Poverty
Bob-Blain-The-End-of-World-Population-Growth
'http://truevaluemetrics.org/DBpdfs/Thinkers/Bob-Blain/Bob-Blain-The-End-of-World-Population-Growth.pdf'
Open PDF ... Bob-Blain-The-End-of-World-Population-Growth
Bob-Blain-The-Value-Problem
'http://truevaluemetrics.org/DBpdfs/Thinkers/Bob-Blain/Bob-Blain-The-Value-Problem.pdf'
Open PDF ... Bob-Blain-The-Value-Problem
Bob-Blain-The-Marriage-of-Time-and-Money
'http://truevaluemetrics.org/DBpdfs/Thinkers/Bob-Blain/Bob-Blain-The-Marriage-of-Time-and-Money.pdf'
Open PDF ... Bob-Blain-The-Marriage-of-Time-and-Money
Bob-Blain-Citizen-Shares
'http://truevaluemetrics.org/DBpdfs/Thinkers/Bob-Blain/Bob-Blain-Citizen-Shares.pdf'
Open PDF ... Bob-Blain-Citizen-Shares
Bob-Blain-Lifetime-Economics
The rules of Lifetime Economics are: 1. Value in use time, 2. Price in work time, and 3. Profit in free time. Economics as we know it today has departed so far from reality that it needs to be replaced. Lifetime economics is intended to do that, bring economics back down to earth. Learn here the meaning of real capital, real debt, real investment, and real Gross Domestic Product.
'http://truevaluemetrics.org/DBpdfs/Thinkers/Bob-Blain/Bob-Blain-Lifetime-Economics.pdf'
Open PDF ... Bob-Blain-Lifetime-Economics
Bob-Blain-COOPERATION®-The-Wealth-of-Nations-Game®
'http://truevaluemetrics.org/DBpdfs/People/BobBlain/Bob-Blain-COOPERATION-The-Wealth-of-Nations-Game.pdf'
Open PDF ... Bob-Blain-COOPERATION-The-Wealth-of-Nations-Game
Bob-Blain-The-Information-Chain-Theory
'http://truevaluemetrics.org/DBpdfs/Thinkers/Bob-Blain/Bob-Blain-The-Information-Chain-Theory.pdf'
Open PDF ... Bob-Blain-The-Information-Chain-Theory
Bob-Blain-Metric-Money-1993
'http://truevaluemetrics.org/DBpdfs/Thinkers/Bob-Blain/Bob-Blain-Metric-Money-1993.pdf'
Open PDF ... Bob-Blain-Metric-Money-1993
Metricmoney-Bob-Blain-1993
'http://truevaluemetrics.org/DBpdfs/Money/Metricmoney-Bob-Blain-1993.pdf'
Open PDF ... Metricmoney-Bob-Blain-1993
Bob-Blain-the-most-wealth-for-the-least-work-through-cooperation
'http://truevaluemetrics.org/DBpdfs/Thinkers/Bob-Blain/Bob-Blain-the-most-wealth-for-the-least-work-through-cooperation.pdf'
Open PDF ... Bob-Blain-the-most-wealth-for-the-least-work-through-cooperation
Bob-Blain-Capitalism-Receives-Failing-Grade
'http://truevaluemetrics.org/DBpdfs/Thinkers/Bob-Blain/Bob-Blain-Capitalism-Receives-Failing-Grade.pdf'
Open PDF ... Bob-Blain-Capitalism-Receives-Failing-Grade
E-Book ... Bob-Blain-The-American-Iceberg-debt-inflation-and-money
'http://truevaluemetrics.org/DBpdfs/Thinkers/Bob-Blain/Bob-Blain-The-American-Iceberg-debt-inflation-and-money.pdf'
Open PDF ... Bob-Blain-The-American-Iceberg-debt-inflation-and-money

About Bob Blain ... Emeritus Professor of Sociology at Southern Illinois University Edwardsville.
'http://www.siue.edu/~rblain/'
Open External Link


This log plot of currency exchange rates for 90+ countries against the GDP/hour worked gives an idea of how much the relative values of money and wages are distorted.

TPB Commentary:
One of the big problems is that money and hourly remuneration behave independently, which does not matter very much when goods and services are produced and consumed in the same money area. But when the economy is global, massive distortions are introduced. At the same time, some people get paid inordinate amounts of money for their time at work, which is good for those that benefit, but not at all for the vast community of workers who get short-changed.

Money Now: No Unit Defined

Currencies have no standard unit, only numbers and names: 2 pounds, 100 yuan, 5,000,000 kwanza, 2 dollars, 5 euro. etc.

To know what these monies are worth, we need to live in the country.

We must judge the value of money inductively by seeing many prices to reach a general conclusion.

That is why money and prices are always subject to inflation and deflation.

Time on money?

Join me here to learn how to make money work more accurately than it does now.

I learned how with the help of thousands of my students over more than 40 years of teaching and research as a university professor of sociology.

Cooperation R. (Bob) Blain P.O. Box 644 Edwardsville, Illinois 62025 rblain@charter.net 1-618-656-5706
Bell the Cats

Without a standard, money numbers are out of control.

In a program on CNN on March 6, 2008, Ben Rooney noted that three well known CEOs were paid $460 million over five years That's each $15,333 an hour.
Money is not corn. It cannot grow. If some people receive more, other people must receive less.
Bell those cats; express their incomes in years!
To convert millions of dollars to years of work at $50 an hour, just add a zero.
Thus:
$1 million = 10 years
$10 million = 100 years
$100 million = 1,000 years
$460 million = 4,600 years.

We have a minimum wage; we need a maximum wage.

$100 an hour would be $200,000 a year, more than four times as much as the U.S. median income of $46,000.


A World Governor

Not a person ... not a bureaucracy ... a world wage, price and money standard.

A money certificate that is denominated in houts worked

The hour meter governs us all. Money governs us all. Time governs us all.

We can unite them to be our governor, not a person, not a bureaucracy, a standard of price, as simple as that.

Hard to believe, isn't it? Just put 'Hour' on money and everything is going to be all right?

If pilots were flying without altimeters and having many accidents, we could change the pilots. But that would not solve the problem.

Better to give them altimeters.

Today, money operates without a standard. The hour on money will give us the standard we need.

We can cooperate more easily and effectively, guided by the visible hands of the clock worldwide.

Let us agree that our standard of a fair price is: 'An hour of money for an hour of work.'

New Economic Thinking ... Blain
Some thoughts on alternative money ... Ideas on money developed by the economist R. (Bob) Blain in 2009
Open file 0278


The text being discussed is available at

SITE COUNT<
Amazing and shiny stats
Blog Counters Reset to zero January 20, 2015
TrueValueMetrics (TVM) is an Open Source / Open Knowledge initiative. It has been funded by family and friends plus donations from well wishers who understand the importance of accountability and getting the management metrics right. TVM is a 'big idea' that has the potential to be a game changer leveling the playing field so the wealth and power is shared on a more reasonable basis between people who work for a living and those that own the economy and the levers of power. In order to be effective, it cannot be funded in the conventional way with a for profit business plan, but absolutely must remain an open access initiative.
WE WANT TO MAINTAIN AN OPEN KNOWLEDGE MODEL
A MODEST DONATION WILL HELP MAKE THAT HAPPEN


The information on this website may only be used for socio-enviro-economic performance analysis, personal information, education and limited low profit purposes
Copyright © 2005-2019 Peter Burgess. All rights reserved.