Tao Economics - Printable Version
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Tao Economics - StingingNettle - 03-21-2008 03:38 AM
Hi, I've been in active in concen for a while now. The old board I had a different handle, I don't frequent as much but when I do I'm usually in the money section. I find economics completely and utterly fascinating. I have been reading on the subject for about five years now, and I'm currently going to school for it.
In any-case I wanted to invite all of you to a new website that I created called www.taoeconomics.com
My goal of the site is to provide an ultimate economics finance portal with all the info I could want on one site. I'm off to a good start. I plan on adding live updates to commodities next. On the left hand side you'll notice many articles from the dailyreckoning and other agora financial sites that update automatically. If you are unfamiliar with them they follow the Austrian economics outlook. I avoided the housing bubble and purchased precious metals early on thanks to them.
Users can submit their own news as well, on the side nav bar. There is also a message board.
In the near future I also plan on making my own stock indexes to track. For example I want to create a "evil" index, to track the worst of the worst corporations from various industries. Other index ideas are some green indexes and a open source index.
I want it to encompass other ideas, such as alternative life styles, tips on saving money, to huge macro ideas.
If you have any questions or suggestions please post them here! Thank you. I hope you find the site useful.
Tao Economics - triplesix - 03-21-2008 01:28 PM
I just wanted to share a certain bit of Taoism people may find interesting since you named your site Tao Economics. You may already know this, hence the name, but maybe other people don't. Anyway, here it is.
Most religions and ideologies espousing spirituality frown on the idea of personal wealth in that they expressly warn against seeking out too much of it.
Taoism on the other hand, is about recognizing natural laws of the universe and taking the path of least resistance. This includes the laws of economics. A Taoist recognizes the law of monetary reward for labour and commerce and works with his best talents to be productive and attract wealth. It is then, of course, his moral obligation to be generous with it. This contrasts to the concept of avoiding it at all costs. In this way, the Taoist puts himself in the situation to perhaps actually improve all sorts of peoples' situation whereas the papal pauper is powerless.
Just an interesting note. Good luck with your business ventures!
Tao Economics - StingingNettle - 03-21-2008 04:11 PM
That was a cool post. Thanks. Yes, I want the site to be more than profit. I want it to help better communtites and people. To find a natural stable way of living.
Their are many similarites to libertarinism and Taoism in this manner. Like get government out of the way and let the ups and downs naturally occur.
Tao Economics - icosaface - 03-21-2008 04:38 PM
The central banks create money out of thin air. The economic system is a fraud. The free market scenario is a fraud. The whole system from the inside to the outside is corrupt. Hey, go right ahead and use your new and improved economic religious cult blinders.
Tao Economics - triplesix - 03-21-2008 11:24 PM
Being intimately aware of the central banking and fiat currency system operating in the world, it becomes a matter of choice. Either I can earn money to pay for my lodgings and food or I can get kicked out of my apartment and starve to death. Especially since I got married, that option seems less and less appealing.
Look, the world is a shitty place but it's not that expensive to live essentially where you want and have food to eat. I have a diversified income. I have my job (as a mechanic), an internet business and a side operation for random money (doing minor body work and audio installations for friends and friends of friends.) My wife also wants to open a yoga studio where I would also like to do some instruction.
Taoism taught me that even while the authoritative structure in my personal situation makes earning wealth difficult, such is the way of my world and I must operate within it's guidelines. When this system falls and a more fair one replaces it, my time, skill and effort will be only more rewarded.
The central banking money system is a scam to centralize wealth, that much is true, but they can never completely destroy the real intrinsic value of necessary labor.
Fundamentally I disagree with your conclusion that because the system is corrupt I should cease attempting to earn money and so does Taoism. While I agree incorporation destroyed the free market scenario, and I agree that the money system is inherently corrupt using debt as money and money as debt, that doesn't mean that earning money is impossible. Clearly some people are doing it. There is just a need to avoid the pitfalls created by TPTB while earning an income substantial enough to stay above inflation. And of course this is all done with the objective of earning enough money to create a self-sufficient, sustainable, solar/wind-powered hydroponic greenhouse to grow my own food and otherwise get off the grid in the event that a serious economic shortage should occur.
Sorry to clog up your thread StingingNettle, but it's a little weird when people call me religious, clearly he missed something! I love your site; I think it is great what you are trying to do. We need more action and less condemnation. Sure the world is shit but that doesn't mean we have to stop living in it!
Tao Economics - StingingNettle - 03-22-2008 01:42 AM
Quote:The central banks create money out of thin air. The economic system is a fraud. The free market scenario is a fraud. The whole system from the inside to the outside is corrupt. Hey, go right ahead and use your new and improved economic religious cult blinders.
That's what the site is about, pay attention. And You might want to look up cult, again just as a refresher.
Tao Economics - StingingNettle - 03-22-2008 01:44 AM
You are not cluttering it up at all. You and I are on the same page in all this.
Oh and check this out. Mises realased a pdf on this very topic called "The Tao Way of Economic Thinking"
You can download it here: http://www.mises.org/journals/scholar/Meng4.pdf
Tao Economics - jonnydangerous - 04-02-2008 07:32 AM
Quote:I just wanted to share a certain bit of Taoism people may find interesting since you named your site Tao Economics. You may already know this, hence the name, but maybe other people don't. Anyway, here it is.
I'm totally down with that mindset hehhheh