Tuesday, December 29, 2015

Encourage an Altruistic Economy, and the Economy will be a Better one

   Once wrote, saying I "could have been a contender" in economics. That was mostly joking, but I do think some of my ideas on economics are worthy.
   Tonight, I arrived at another theory, a new principle.
   Generally, do not place those seeking to profit off the product in position to set the price for it. Instead, the price should be set by those who have more altruistic objectives. If they are looking to serve the world, or if they are wanting just to see their product benefit someone, they are the ones you want setting the price.
   Often, the person who creates the product is the one most likely to be in the service mode. Setting him ahead of the profit-seekers, keeps the price down, as he will be more inclined to set a low price.
   How to implement this principle? It occurs to me that seeking small businessmen is one key way.
   The benefits? Distribution of wealth is one.


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