Hamiltonian National Banking vs Central Banking

[@Publius-24]

Pursuit of happiness = the pursuit of prosperity through industriousness.

[@captaindave7945]

Very enlightening presentation! I would have previously thought that the "market place" provided adequate incentive for creativity. But if that were true, we would be living like the Jetson's today. So now, my understanding is that the marketplace is simply a construct within a specific economic system--namely either the old-world oligarchical system, or Hamilton/Carey's American economic system. (I assume the black market is just another flavor of an oligarchical type system). Personal incentives to create/invent and produce are completely lacking in any type of socialist system--that's why it is always so easy to predict their eventual failure. Without creative problem solving, society always degrades under the onslaught of continual unanswered challenges over time. Fostering and rewarding innovation is the only way to preserve and progress humanity. Why do the brainiacs at the WEF not seem to know this? Or are they all just some sort of degenerate evil?

[@livenotbylies]

@@captaindave7945Hamilton had no economic theory. He was just a crony who wanted to do British cronyism with a different set of bosses

[@Publius-24]

"The advice nearest to my heart and deepest in my convictions is that the Union of the States be cherished and perpetuated. Let the open enemy to it be regarded as a Pandora with her box opened and the disguised one as the Serpent creeping with his deadly wiles into Paradise." James Madison 1834

[@livenotbylies]

@@Publius-24 good quote. Love that it contains "Union of the States"

[@livenotbylies]

Way too many words. Economy is the efficiency of man's use of his resources.

[@wesamshraah3631]

Oligarchacal based on slavarey which lacks the sense of creativity and proudactivity

[@livenotbylies]

This is asinine. Hamilton was a crook. See Tom DiLorenzo

[@meruem6995ujjoooo]

just becasuse of this does not mean a bad eco theory

[@livenotbylies]

@meruem6995ujjoooo thievery is a bad economic theory