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The key error of the current system, according to Gesell, is the ill-transported information in the price. Money is nothing but a claim for goods and services, usable in the economies that accept money in exchange for the former. In a weak economy, money is worth less in goods. But instead of an
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Freiwirtschaft claims that current monetary systems are flawed. In mainstream economics, prices convey information. For example, dropping prices on a product mean that there is less demand or more supply of that product. This leads to a buyer's buying more, or a seller's/producer's starting to
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loop around a stable, "ideal" price. At this stable price, the market is ideal, no one pays too much or earns too little, and there are no tendencies from either party to change that price. The "wobbling" around that ideal price is called
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sell/produce something else, thereby reducing the supply of that product. As a reaction, assuming constant desirability, the price of the product rises again. So, the price, together with the market participants, builds up a
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or else the property of public institutions and can only be rented from the community or from government, respectively, not purchased (
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supported by an international currency union as paper standard to maintain stable exchange rates and abolition of the
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232:"4.6-3. International Trade: Stabilisation of the International Exchanges. The International Valuta Association"
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The basic economic ideas of
Freiwirtschaft were published in 1890 by the Hungarian-Austrian economist
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46:(natural economic order). In 1932, a group of Swiss businessmen used his ideas to found the
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as described above, and less money can now buy the same goods. This feedback loop is
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Freiwirtschaft consists of three central aspects, usually summed up as the Three Fs:
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Die NWO-Bewegung Silvio
Gesells – Geschichtlicher Grundriß 1891-1992/93
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Eine experimentelle ĂśberprĂĽfung der
Aussagen der Freiwirtschaftslehre
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Sprung aus dem
Teufelskreis. Sozialethische Wirtschaftstheorie
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Die verteilungspolitische
Problematik der Freiwirtschaftslehre
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The Money
Syndrome – Towards a Market Economy Free from Crises
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372:Fairconomy (in German, partly English)
562:Marxian critique of political economy
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256:Freiland - ein soziales Zukunftsbild
175:Freiland - ein soziales Zukunftsbild
30:for "free economy") is an economic
279:, St. Loyes, Bedford, June, 1891.
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866:History of macroeconomic thought
691:Neoclassical–Keynesian synthesis
277:Freeland - A Social Anticipation
179:Freeland - A Social Anticipation
355:Introduction to Freiwirtschaft
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856:Critique of political economy
42:NatĂĽrliche Wirtschaftsordnung
764:Rational expectations theory
185:Flaws of the monetary system
942:Schools of economic thought
861:History of economic thought
408:Schools of economic thought
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781:New neoclassical synthesis
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316:, Upfront Publishing 2010.
236:www.community-exchange.org
74:All money is issued for a
323:. Gauke, LĂĽtjenburg 1994.
344:. Waxmann, MĂĽnster 1990.
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262:on the website of the
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38:in 1916. He called it
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881:Mainstream economics
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801:Saltwater/freshwater
337:Vol. I, Munich 2005.
333:Johannes Heinrichs,
952:Left-libertarianism
937:Economic ideologies
886:Heterodox economics
614:Capability approach
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360:2010-05-21 at the
213:self-destabilizing
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285:Project Gutenberg
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258:, Leipzig 1890 –
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158:in foreign trade.
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739:Neo-Marxian
552:Marginalism
482:Late modern
467:Physiocrats
281:Book online
34:founded by
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796:Regulation
722:Monetarism
708:Circuitism
656:Ecological
624:Chartalism
604:Behavioral
547:Manchester
542:Malthusian
500:Birmingham
457:Cameralism
441:Modern era
415:Pre-modern
241:2023-05-18
219:References
152:free trade
142:Freihandel
78:period by
871:Economics
806:Stockholm
681:Keynesian
646:Cracovian
595:(20th and
584:Socialist
567:Mutualism
510:Ricardian
505:Classical
209:deflation
205:inflation
128:see also
88:deflation
84:inflation
54:Structure
896:Degrowth
831:Virginia
671:Freiburg
666:Feminist
619:Carnegie
609:Buddhist
577:Lausanne
532:Georgism
495:Austrian
358:Archived
192:feedback
130:Georgism
110:Freiland
80:constant
66:Freigeld
48:WIR Bank
849:Related
636:Chicago
307:Sources
260:Summary
165:History
76:limited
50:(WIR).
727:Market
99:stocks
86:, nor
28:German
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