Social learning is to ideas what natural selection is to genes. Both are ways of picking out good solutions from a sea of variety. Mark Pagel — Wired for Culture. With culturally appropriate capital allocation rules, Public Capital is the most productive way to invest. It gives the most value…

In “Wired for Culture”, Mark Pagel makes a compelling case that the reason for human ascendency is our ability to understand what others think and learn from each other. However, there is a downside as it allows us to devise strategies to take advantage of others. Social learning is visual…

The Australian Federal Government Productivity Commission reports that Australian Productivity has fallen to a 60-year low. It is conducting an inquiry and is looking for ideas on how to boost productivity. This article is a version of a submission to the inquiry and asserts National Productivity is improved by boosting…

Human communities create Capital by investing money to reduce the cost and effort of producing something other humans want. Most wealth is created by continuously improving the products people already purchase. Improving products requires time and effort, but once we have worked out how to improve things, we can apply…

Finding money to address climate change, ecological limits, and other existential threats requires answering the question, “Where can we find the money?”. One answer is, “The money is in full sight but stagnant — let us use it”. The world is awash with money, but people store it so they…

The Australian housing market is failing. The failure results in Inflated housing values, vacant properties, inappropriate housing, and many residents living in areas far from their work, schools, friends and other regular destinations. To address the multiple problems, governments can attempt to fix the existing housing market, or it can…

Corporations and shareholder-owned cooperatives are likely to own Community Batteries in Australia. However, Community Collective Ownership will reduce the price of electricity, while Shareholder Ownership will not reduce the electricity price and will require financial support from consumers or the government. The Australian Energy Market is a Corporate Investment market…

Two ways of funding Community Batteries are with a Battery Provider or Community Funding. Battery Providers operate like a retailer and supply a service to the grid of shifting energy from low-cost times to high-cost times. …

The Australian Energy Market Commission (AEMC) designs and sets the rules for the Energy Market. It assumes that consumers are passive and “providers” supply services. The approach can work well when there are a few large providers with economies of scale, and there are controls over monopoly pricing and…