Manifesto

Economics is rooted in us, thrives within us and is driven by us; we are human beings, and we hereby contribute a new economic philosophy that embraces energy, essence and wealth rooted in our humanity:

Human

Economics is uniquely human

(1.1) Economics is an organic phenomenon that is unique to humanity, rather than an exact science that can be applied to all life on Earth or to every object in the universe;

(1.2) The organic nature of economics is derived from its unique mix of human intelligence, free will, vision and inspiration that is unparalleled among other forms of life on Earth;

(1.3) A predominant truth held in the modern economic discourse is the notion that there is an economic “us” (i.e. the economy) that needs to perpetually “grow” together;

(1.4) Economic “growth” has become synonymous with perpetual aggregate expansion, expressed as upward numeric trajectories and observed activity, measured on a monetary scale, expressed as reports and statistical trends based on empirical observations of past outcomes;

(1.5) To the extent that our economic discourse assumes perpetual growth to be “good,” it ignores key questions that remain unanswered about how arbitrary “growth” serves humanity as the sole beneficiary of our economic outcomes;

(1.6) This leads to deeper questions that empiricism of past economic outcomes cannot answer, such as:  Why economics?  Why do we create?  Why do we exchange with one another?  Why do we expand?  Why do we grow? 

(1.7) This brings us to the most fundamental economic questions that are ignored by the modern economic discourse:    What does a monetary unit consist of?  What is wealth made of? 

(1.8) Humanity Economics was founded to explore the answers to these questions, which are, respectively: 

Human Energy and Essence.

Energy

Economics is rooted in human energy

(2.1) Economics is a phenomenon driven by energy that is intentionally channeled by human actors into economic endeavors, entities and offerings (i.e. economic things);

(2.2) The human components of economic energy are metaphysical thought and physical effort, the embodiments of which combine for the result of a configuration and refinement of matter, capable of providing a sought human experience;

(2.3) Thought energy is transmitted by the creator of an economic thing to potentiate capability, for the purposes of imagining the fulfillment of a human experience and/or the divining of a way to manifest that experience;

(2.4) Physical energy is transmitted and transacted by the producer of an economic thing to potentiate possibility, which provides a realm to gather and arrange the inputs and preparations for manifesting a human experience;

Economic energy bears magnitude and direction

(3.1) When the energies of metaphysical thought and physical effort are transmitted from a human actor to economic things, the actor adds to the aggregate economic potential of the Earthly world (i.e. energy flows in a positive direction);

(3.2) When the physical energy within economic things transmits to a human actor, for whom an experience renders, the actor extracts from aggregate economic potential of the Earthly world (i.e. energy flows in a negative direction);

(3.3) The magnitude of potential economic energy in the positive direction potentiates capability;

(3.4) The magnitude of potential economic energy in the negative direction potentiates possibility;

Economic energy is potentiated by duality

(4.1) All energy in the universe is potentiated by a span of duality, or contextual differentiation, i.e. sea vs. sky, hot vs. cold, high vs. low, true vs. false, up vs. down, positive vs. negative, etcetera;

(4.2) Economic energy is potentiated by the duality span between capability and possibility;

(4.3) All forms of energy feature a contextual ground state that exists at the median of their duality spans;

(4.4) The ground state of economic energy is reality;

Human energy is foundational to economic ethics

(5.1) Human actors are endowed with innate instincts to conserve their economic energy for survival in order to sustain during periods of scarcity;

(5.2) Every human actor’s innate instincts to conserve energy persist upon even the modern economic platform during periods of abundance, during which economic energy can be directed to plateaus above survival with respect to humanity’s hierarchy of needs, if an actor so chooses;

(5.3) The collective human instincts of all human actors to conserve economic energy organically governs and protects the welfare of the economic platform as a whole by ensuring that human energy is allocated as required to support the hierarchy of humanity’s needs;

(5.4) The innate basis for economic ethics that persists within the human actor is the compulsion to balance the quantity of energy exchanged (i.e. a comparable amplitude and duration transmitting or transacting in opposite directions, or an equitable trade) whenever engaged in a voluntary economic exchange;

Essence

All economic things possess essence

(6.1) Essence initiates within the core of human actors at birth;

(6.2) Essence is the nature and quality(s) at the core of economic things and human actors that renders all respective unique instances of existence;

The essence of human actors

(7.1) As a human actor experiences life, dispositions potentiate between an actor’s intrinsic core and possibilities for economic fulfillment from the extrinsic physical world, which compel one’s desires;

(7.2) As an actor holds new ideas in the metaphysical realm, dispositions potentiate between an actor’s core and capabilities to actualize economic satisfaction in the physical world, which compels one to aspire;

(7.3) An actor’s economic essence is transmitted during the human phenomena of desire and summoning (of claims), during which the frequency of emanating economic energy communicates the essence of an actor’s desire, and the amplitude potentiates the power to influence the satisfaction of said desire;

(7.4) An actor’s human essence is transmitted during the human phenomena of aspiration and actualization (of economic things), during which the frequency of human energy transmitted forges the essence of an economic thing, and the amplitude potentiates its capacity;

The essence of economic energy

(8.1) Let the frequency of the waveform of economic energy render the essence of its transmission source;

(8.2) Let the positive direction of economic wave transmission portray the human actor as a force source, originating from the actor’s core and out to the physical world, such that positive transmissions render the human essence of actualization;

(8.3) Let the negative direction of economic wave transmission portray the human actor as a force sink, descending inward toward the actor’s core, originating from an economic entity in the physical world, such that negative transmissions render the economic essence of experience;

The Humanity Economics Model

Empiricism, aesthetics and essence

(9.1) In traditional institutions that employ a scientific approach to studying economics, outcomes are empirically analyzed and evaluated by collecting accounting data about past periods of actual exchange transactions, measured in monetary units exchanged among a group in scope;

(9.2) The organic mechanism that determines the clearing quantity in monetary units for a voluntary exchange (i.e. price) cannot be directly observed or evaluated empirically due to its metaphysical nature, so it is often characterized in traditional economic institutions using aesthetic metaphors (such as The Invisible Hand, proposed by Adam Smith in Theory of Moral Sentiments);

(9.3) The Humanity Economics Model shall serve to combine practical scientific principles from the energy theory of physics with a comprehensive aesthetic model of essence and human energy to build a fundamental understanding of economics that embraces the metaphysical realm of humanity, while respecting what can be observed empirically through accounting;

(9.4) The Humanity Economics Model shall portray the resonance of human essence over time as the energy that builds dispositions of economic potential, and the resonance of economic essence over time as that which builds dispositions of human potential, both potentiated by the disposition between capability and possibility (i.e. the attraction between positive and negative economic energy poles);

(9.5) While there is no practical instrument to measure the theoretical units (human iotas) of force that compel outcomes in Humanity Economics, the Humanity Economics Institute was founded to perpetually explore art forms that inspire economic enthusiasts to observe the essence of human energy from within our own metaphysical space, as an alternative to seeking economic enlightenment solely through existing philosophies that are limited to accounting data analysis and scientific method;

(9.6) The Humanity Economics Model shall acknowledge, examine, evaluate and respect wealth that manifests in two realms:  the physical realm, and the metaphysical realm;

Wealth

The half of wealth that we are missing

(10.1) Wealth undergoes a lifecycle, which begins in the metaphysical (as ideas/concepts), becoming physical for a period (as endeavors, entities, offerings), and ends by returning to the metaphysical realm (as human experience);

(10.2) The traditional discourse on economics to this point acknowledges, evaluates and accounts for wealth that manifests in the physical realm, while missing, ignoring and omitting that which manifests in the metaphysical realm;

Prosperity and opulence

(11.1) Wealth can be examined across a spectrum that spans the realms of prosperity and opulence;

(11.2) Prosperity is the direct intrinsic experience of wealth’s essential energy by an individual;

(11.3) Opulence is the reflective residual energy of one (or more) individual’s prosperity, experienced as resonance by others;

(11.4) The purest form of potential prosperity is the economic entity, manifested as essential physical matter configured into a form capable of rendering a sought human experience;

(11.5) The purest form of potential opulence is the monetary unit, provided that it is respected by all actors across an economic platform, it has manifested as physical matter induced with human energy, and is upheld for the purposes of maintaining the ethical foundation that governs the conservation of economic energy across all wealth that manifests upon the economic platform;

Satisfaction and Fulfillment

(12.1) The prosperity that human actors perceive and experience from wealth can be examined across a spectrum that spans the realms of satisfaction and fulfillment;

(12.2) Satisfaction is perceived by an individual actor as a result of the observation of one’s surrounding economic context, which includes one’s own evaluation and state of economic claims, the distribution of claims and welfare of other actors, and the apparent certainty in being able to summon one’s claims to fulfill future objectives at one’s whim;

(12.3) Fulfillment is an experience of essence, which renders as resonant energy from a source intended for a specific capability, which becomes a source of permanent inspiration for future dispositions within the experiencing actor to originate intrinsically;

(12.4) The purest and most perpetual form of satisfaction is money, which possesses no particular essence of experience, and embodies the potential human energy of every economic actor other than its respective claimant, from the instant it is forged into form until it is disfigured;

(12.5) The purest and most perpetual form of fulfillment is human life itself, which resonates persistently with the essence of oneself from birth until death;

Wealth’s nature and composition

(13.1) All wealth requires the induction of a non-zero magnitude of possibility (i.e. the bearance of economic energy in the negative direction of possibility with respect to ground state);

(13.2) All wealth requires a non-zero infusion of physical energy to have been manifested into physical form, figure and configuration that gives it capability (i.e. the bearance of economic energy in the positive direction of capability with respect to ground state);

(13.3) All wealth possesses essence at its core, which carries out wealth’s intent to produce a sought human experience during the experience of fulfillment (i.e. realization, consumption);

(13.4) Any manifestation with an absence of any of the three components above is devoid of potential prosperity, and exists in a form lacking the qualifications of being deemed economic wealth throughout Humanity Economics.

Embodying all perspectives espoused herein, we declare the following calls to action in and around the modern economic discourse to further humanity’s enlightenment about the true nature of the human phenomenon we call economics:

Calls to Action

Calling all Artists

Original song collection dedicated to Humanity Economics by its founder: singer/song-writer Michael David

There is a key voice missing from the modern economic discourse: it is that of the Artist, and without it, humanity will continue to pursue a mindless expansion that is devoid of artistic creation.

In this modern economy, the extent to which we obsess about shallow innovation, we ignore the art of deep creation.  The modern economy is in a mad rush to the top of the summit, and we are terrified to reinvent the wheel for fear of how long it would take, and how that would delay our ascent to the top.  We have built a platform on top of the wheel, and everyone has jumped on for the ride, trying desperately to stack their incremental piece of cargo onto the load.  In the meantime, nobody has the wherewithal to check the undercarriage to see if the wheel still turns.  Lo and behold, the wheel does in fact need to be reinvented, the way only the artist can, from within our individual – human – metaphysical – creative realm.  We call upon the artist to divine humanity’s economic wings. 

Where is our voice as artists to remind humanity that good is the enemy of great?  The modern economic discourse is obsessed with deeming economic things to be “good” with the hope of making them ubiquitous.  This predominant mindset is one of mindless growth and shallow innovation, and leads to an ignorant overload of our economic platforms, which erodes them and eventually renders them an illusion.  The artist does not create to be ubiquitous.  The artist creates for the sake of beauty, uniqueness and inspiration.  The artist radiates this opulence with no guarantee of compensation.  This is what creates new organically sustainable economic platforms, which humanity lacks more and more as we continue along the current trajectory. 

Call to Action – Artists

Step onto the platform, and join our cause of inspiration and enlightenment

We aim to inspire you to turn your talents toward depicting the human energy that powers economics.

For information on partnering with the Humanity Economics Institute on art projects in this area, please subscribe to our email list for more information – we’d love to hear your impressions.

Calling all Entrepreneurs

There is yet another key voice missing from the public discourse: it is that of the entrepreneur.  Among a divisive discourse obsessed with creating jobs, where is our voice?  Why are we allowing others to claim our livelihood for themselves?  Creating jobs is our job!  And with that, where is our explanation in the discourse of how and why we create jobs? 

We (entrepreneurs) don’t create jobs for the sake of creating jobs.  Jobs are an outcome of what we do.  We bring about the ubiquity of fulfillment in the world by responding organically to those who demand it.  The outcome is prosperity experienced by everyone else in the world, except us.  We get a piece of the opulence left over…if we’re lucky that is, but mostly we just enjoy the ride no matter how it turns out.  If we fail, we try again, so there is no need to spend humanity’s energy on reducing risk for us, nor bestowing any special privileges or incubation programs upon us, nor contriving a path that protects us from defeat or from our mistakes. 

Entrepreneurship is more like a game, so just let us play it.  We’ll learn from our mistakes, and we’ll forge our own path, so there’s no need to contrive synthetic paths or games for us.  If we wind up at an unfavorable plateau, it is on us to determine whether or not we belong there, and whether or not we are spending our limited means on something fruitful.  And if we’re wrong, we’ll learn from experience, innovate, find a better way and become stronger.  Finally, we never forget where we came from, so there’s no need an economic community that continues predicting the aggregate economic future based on the past, we can manage our own vision.

While the opulence we generate includes the opportunity to be employed by the endeavors we manifest, the discourse’s relentless pursuit of proletariat employment is myopic, and so we must fill in the rest of the picture.  Life offers more possibility than being employed by another actor’s endeavor, for those who possess the dormant essence of leadership.  What happened to apprenticeship? Did it get buried in the non-competes we sign in personnel? We must deliver a new message to the modern economic discourse to help those entrepreneurs discover and inspire their essence, and join us in the proliferation of real wealth.

Call to Action – Entrepreneurs

Speak from our platform, and share your past experiences

We encourage you to share your past experiences as entrepreneurs with those who are up and coming.

For information on networking with the Humanity Economics Institute on opportunities to mentor, give back and share knowledge in this area, please subscribe to our email list – we’d love to learn and share your story.

Author: Michael David
Coauthor / Editor: Dr. Ming Way
© 2022, Humanity Economics Institute, LLC

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