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Negative interest has been first attempted in the small Austrian town of Wörgl in the 30s. Recent experiences include the attempts to create a local currency in Campina do Monte Alegre in 1993. Heloisa Primavera, an Argentinian sociologist very much into alternative economics reports: |
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Negative interest has been first attempted in the small Austrian town of Wörgl in the 30s. Recent experiences include the attempts to create a local currency in Campina do Monte Alegre in 1993. Heloisa Primavera, an Argentinian sociologist very much into alternative economics, reports: |
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Two issues of concern we think we ought to face in the simulations within OPTIMAES are a) how do these economic schemes scale up and b) how best to measure the performance of our simulated economy. Concerning scaling up, the Argentinian case in 2000-2002 is an interesting example. The trueques have grown and organized themselves in network; now, how these networks should interact? Here is when self-organization could be challenged in the macro-economic level. Concerning measuring performances, we currently use measures of distribution of resources and survival of the population. Common economic indexes of performance (like GNP) have been under severe criticisms for some years now. Among the interesting alternatives and changes suggested for these indexes (Sen's Human Development Index or the Index of Social and Economic Welfare) we find the Max-Neef matrix that tries to measure all the (finite) human needs an inspiring one - applicable in the simulations. A paper on it from a 2000 Devnet Conference: |
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Two issues of concern we think we ought to face in the simulations within OPTIMAES. These are a) how do these economic schemes scale up and b) how best to measure the performance of our simulated economy. Concerning scaling up, the Argentinian case in 2000-2002 is an interesting example. The trueques have grown and organized themselves in network; now, how these networks should interact? Here is when self-organization could be challenged in the macro-economic level. Concerning measuring performances, we currently use measures of distribution of resources and survival of the population. Common economic indexes of performance (like GNP) have been under severe criticisms for some years now. Among the interesting alternatives and changes suggested for these indexes (Sen's Human Development Index or the Index of Social and Economic Welfare) we find the Max-Neef matrix that tries to measure all the (finite) human needs an inspiring one - applicable in the simulations. A paper on it from a 2000 Devnet Conference: |
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Ideally, we want OPTIMAES to be a platform to experiment with all these ideas that have been advocated. We will try to keep the wiki updated about our current discussions. An interesting repository of materials about all that is here: * http://www.appropriate-economics.org/materials.html |
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Ideally, we want OPTIMAES to be a platform to experiment with all these ideas that have been advocated. We will try to keep the wiki updated about our current discussions. |
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