Gini Foundation

"Understanding real-world  economics is essential for creating prosperous economies and peaceful societies." — Ferris Eanfar

Economics in the real world is very different from the Economics taught in many universities today. In fact, as we have written in our Gini books, the Economics curricula taught in many schools is usually based on dozens of false assumptions, unrealistic models, politically-motivated goals, and distorted and out-of-context interpretations of classical economic principles. This is causing destructive social, geopolitical, and economic problems throughout the world.

Maximizing Profit ≠ Maximizing Human Welfare

A huge false assumption that virtually all mainstream economists have made since the late 1970s is that GDP is all that really matters. They claim that as long as a country's GDP is growing, then all the wealth will magically trickle down to the masses and there will be more winners than losers. There is no evidence that trickle-down economics works to achieve economic stability and equitable wealth distribution in the fiat or crypto worlds.

A Fusion of Humanist Philosophy, Modern Technology, and Sustainable Public Policy

As we build the Gini ecosystem based on a sustainable and equitable monetary policy, the architecture of our technological systems is a reflection of our economic and humanitarian philosophy. For all these reasons, we are building a free online Gini School of Economics (GSE) to expand the economic awareness and nurture the intellectual growth of stakeholders throughout the Gini ecosystem.

The GSE Curriculum

Module 1: Market Fundamentals - 18th Century Adam Smith

This includes a succinct analysis of Adam Smith's most famous writings—The Wealth of Nations and The Theory of Moral Sentiments—to debunk the Wall Street distortions that have taken his work completely out of context over the past 150 years or so.

Module 2: Market Sustainability - 19th Century Henry George

Among serious economists, Henry George is almost universally admired for his deep insights about equitable taxation and sustainable Economics. In fact, Henry George has influenced Gini's economic philosophy more than any other economist.

Module 3: Modern Data-Driven Analysis - 20th Century Joseph Stiglitz

Joseph Stiglitz's Nobel Prize-winning work in data-driven Information Economics and his analysis of real-world socioeconomic outcomes has thoroughly debunked the ideologically-driven propaganda that neoliberal economists have been promoting for the past 40 years.

Module 4: Cryptocurrencies & Human-Centered Economics - 21st Century

Let's be clear: Artificial intelligence changes everything. With A.I.-powered genetic and cybernetic engineering, the IoT, and superhuman robotics, virtually nothing in human civilization will be the same 20 years from now.

Gini's Economic Philosophy

The four modules above will give GSE students a well-rounded Economics education and a deeper awareness of the following 10 pillars of Gini's unique and practical economic philosophy:

  1. The forces of supply and demand should always be respected, but they are not gods that rule the universe. Other factors can and should be considered in every real-world economic policy analysis.
  2. Sustainable and equitable economic systems are essential to creating sustainable and equitable political systems.
  3. Pure free markets are a fantasy. Governments will always intervene in economies to some degree because politicians always have incentives and geopolitical pressures to do so.
  4. There is a distinction between empirical, data-driven analysis vs. ideological fear-mongering, unsubstantiated label-slinging, and thoughtless social bullying.
  5. Governments and cryptocurrency projects should rationally adjust their economic policies and systems based on real-world human welfare outcomes, not based on blind ideological dogma.
  6. Gigantic corporations and government bureaucracies will always distort all forms of wealth and political power distribution in every economy and society.
  7. A corporation is not evil in itself. Corporations are simply wealth-generating engines that should be used as vehicles for broad wealth creation and distribution.
  8. The consequences of gigantic corporations and governments monopolizing A.I. will be profoundly destructive to human economic freedom and political liberty. Gini was born to help minimize these consequences.
  9. Only a well-designed cryptocurrency can give humanity a chance to escape A.I.-powered corporate and government tyranny.
  10. Human economies exist to serve the needs of actual humans, not A.I. bots, professional market manipulators, hedge fund speculators, or faceless corporations.

Join the Gini School

The online Gini School of Economics is an exciting project because understanding real-world economics is crucial for creating equitable, peaceful and prosperous economies and societies. We have a large and growing repository of unique economics articles that will be integrated into the GSE curriculum. Although our technical blockchain-based development is a higher priority at this moment, we will be devoting more resources to the GSE as soon as practicable.

In the meantime, please follow Gini on Twitter and/or join the Gini Newsletter if you want to be alerted when we reach important milestones.

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