Poor Economics

A pivotal moment in S-World was found in listening to the audiobook ‘Poor Economics,’ by Esther Duflo and Abhijit V. Banerjee, and the section on charter cities, an idea by Paul Romer.

On reading this, I believed that if I could only get to Paul Romer, he would see merit in the marketing and economic systems in the network.

The extract from Poor Economics follows:

One possible way to break the vicious cycle of bad institutions is to import change from the outside. Paul Romer, known for his pioneering work on economic growth a couple of decades ago, came up with what seems like a brilliant solution: If you cannot run your country, subcontract it to someone who can. Still, running an entire country may be difficult. So, he proposes starting with cities, small enough to be manageable but large enough to make a difference. Inspired by the example of Hong Kong, developed with great success by the British and then handed back to China, he developed the concept of “charter cities.”

Countries would hand over an empty strip of territory to a foreign power, who would then take the responsibility for developing a new city with good institutions. Starting from scratch, it is possible to establish a set of good ground rules (his examples range from traffic congestion charges to marginal cost pricing for electricity, and of course include legal protection of property rights). Because no one was forced to move there, and all new arrivals are voluntary—the strip was empty to start with—people would not have any reason to complain about the new rules

One minor drawback with this scheme is that it is unclear that leaders in poorly run countries would willingly enter into an agreement of this sort. Moreover, even if they did, it is not clear they could find a buyer: Committing not to take over the strip of land once it is actually successful would be quite difficult. So, some development experts go further. In his books; The Bottom Billion: Why the Poorest Countries Are Failing and What Can Be Done About It, and; Wars, Guns, and Votes: Democracy in Dangerous Places – Paul Collier, an Oxford University professor and former World Bank economist, argues that there are sixty “basket case” countries (think Chad, Congo, and so forth) in which about 1 billion people live. These countries are stuck in a vicious circle of bad economic and bad political institutions, and it is the duty of the Western world to get them out.

My first City design in 2011 was way ahead of the pack in its Net Zero aspirations, which was why I appreciated Tesla, as electronic cars were a must-have component. A year later the American Butterfly trilogy, moved the Net Zero City plan to the USA and ‘The Orlando Network’ see: www.AmericanButterfly.org (2012/2013). During 2014 and 2016, I did not make another design, but by 2016 I was experimenting, with the idea that the first Grand Network should be in Africa. Then in October 2017, I started on the theoretical Grand Śpin Network concept MARS Resort 1, and not long after the Malawi and Zimbabwe Grand Śpin Network started to take shape. And in August 2018 Paul Romer’s Charter City added to the S-World systems, and for the first time, it sounded like my City project could become a reality.

The Eighth Way for Kate Raworth

On 24 January 2019, I bought the audiobook – ‘Doughnut Economics’ by Kate Raworth. I did not need to listen for long to realize that Raworth would appreciate the book I was writing because, in the first chapter Raworth focused on the benefit of graphics. At that point, I had made about 800 graphics telling this and that part of the story. And because I tend to overwrite, I started a new version of the book that focused on the graphics. This is now Supereconomics Book 1. S-World Angelwing (THE WHAT), and The S-World Stories Index.

Graphics aside, all that Raworth wrote was in line with S-World economics’ goals, and values. In the 12 months before reading ‘Doughnut Economics,’ I had gone through a dozen Nobel standard books on economics, about one per month. But when it came to Raworth’s book, I dedicated six months to it while I built the foundations for the three S-World Supereconomics books. Which were in turn based on S-Word.biz 2011, American Butterfly 2012, Angel Theory 2015, M-Systems 2016, The Villa Secrets’ Secret 2017, Angel Theory Paradigm Shift 2018, A More Creative Capitalism in 2018, and Supereconomics in 2019.

Now, I’d like to add S-World Stories to Doughnut Economics, like I hypothesised S-World Supereconomics could be added to Paul Romer’s Charter Cities. I would like S-World Š-ŔÉŚ™ and other systems to be considered as ‘The Eighth Way,’ the eighth chapter to Doughnut Economics. The HOW we can afford it.

Doughnut Economics by KATE RAWORTH

“What if we started economics not with its long-established theories but with humanity’s long-term goals, and then sought out the economic thinking that will enable us to achieve them?”

Nick Ray Ball: This is what The 64 Reasons Why are about. Š-ŔÉŚ™ increases the money supply, and then Net-Zero DCA Soft ADVANCED creates the network in a way that over 50% (and maybe 75%) of cash flow is spent ‘for the common good’ on net-zero projects.

As for long-term goals, we will soon come to Chapter 8 – Beyond 87 Quintillion Histories.

Doughnut Economics – The 8th Way

S-World and the Doughnut

This is a good model and an elegant model. It has great symmetry and is easy to understand. Consider each of the 64 Reasons Why (the 64 Special Projects) bringing problem areas outside the doughnut to within. Meticulously planned and engineered, set to a time scale that works back from 2080, creating as many possible histories (ways to get to 2080) as can be calculated, which at one billion variables per history is about 87 quintillion (87,714,630,433,327,500,000) histories (before compression).

Big numbers and quantum mechanics aside, “64 Reasons Why” presents a worthy list of causes and aspirations; and the High-Octane ŔÉŚ Financial Engineering is how we pay for it, then the Net-Zero DCA is how we make sure most of the new digital monopoly rents are spent in ways that bring problems areas into safe areas within the Doughnuts safe and just space.

One reason why this system has not been discovered in economics before maybe because I’m not an economist, I’m a systems designer. On this, I particularly like the following quote:

“The fact that you yourself have never sat through an economics lecture may just turn out to be a distinct advantage after all: you’ve less baggage to offload, less graffiti to scrub out. Every now and then, being untutored can be an intellectual asset – and this is one of those moments.”

Kate Raworth
Doughnut Economics

“ How can we Accomplish as Much Good as Possible?”

M-System 15. Angel POP

A big breakthrough in S-World City Design occurred in 2017 and can be summed up in a single sentence.

“Grand Networks in locations in extreme poverty are Special Projects.”

The idea was simply that in place of a Western powerhouse Grand Network helping Africa by funding special projects, the powerhouse – the Grand Śpin Networks would be in Africa and other poor locations, using Š-ŔÉŚ™ Financial Engineering and the many other parts to the Angelwing system to create their own Cites, which would be Net-Zero and constructed around the special projects, the Cities became the special projects, and that’s how we can do the most good.

How can we do the most good?