Algorithmically Adaptive Standard Unit Value Based on Empirical Data Reflecting the Primary Productive Capacity: Difference between revisions
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(Created page with " '''= current updates on Commodity-Anchored Currencies such as the ancient Chinese 'ever-normal granary'in Confucian economics''' URL = https://xalgorithms.org =Discussion= Via Joseph Potvin: * the ancient Chinese 'ever-normal granary', i.e. commodity-anchored currency: In: The economic principles of Confucius and his school [Doctoral dissertation, Harvard]. https://archive.org/details/economicprincipl00huan/page/n3 For updates on this kind of approach, see t...") |
m (Mbauwens moved page Algorithmically Adaptive Standard Unit Value Based on Empirical Data reflecting the Primary Productive Capacity to Algorithmically Adaptive Standard Unit Value Based on Empirical Data Reflecting the Primary Productive Capacity: all caps in title) |
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Latest revision as of 09:42, 29 May 2025
= current updates on Commodity-Anchored Currencies such as the ancient Chinese 'ever-normal granary'in Confucian economics
URL = https://xalgorithms.org
Discussion
Via Joseph Potvin:
- the ancient Chinese 'ever-normal granary', i.e. commodity-anchored currency:
In: The economic principles of Confucius and his school [Doctoral dissertation, Harvard]. https://archive.org/details/economicprincipl00huan/page/n3
For updates on this kind of approach, see the work of Joseph Potvin at the Xalgorithms Foundation https://xalgorithms.org
Joseph explains:
"in the article I'm writing presently, I contrast what I refer to as
- the ancient & pre-modern 3-function cowrie currency archetype (decentralized market-negotiated or central policy-managed [e.g. Taylor Rule] unit value based on scarcity),
- versus the ancient 4-function barley:silver currency archetype (algorithmically adaptive standard unit value based on empirical data reflecting the primary productive capacity in the currency zone). The 3-function archetype ignores stability, favoring 'financial athletes' (speculators) over supply chain realists."