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"Facts do not cease to exist because they are ignored." - Aldous Huxley

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  • Book Summary

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    TAX YOUR IMAGINATION! is a fast-paced and groundbreaking analysis of the root cause of economic volatility and inequality. It challenges longstanding economic theories using a simple mathematical model. Most importantly, it offers a painless and systemic alternative.

    TAX YOUR IMAGINATION! is a blueprint for a new world economy and an enduring peace. While the goal is grandiose, the solution is simple, using local government and existing laws as a wedge for reform. It is uniquely post-partisan, exposing the strengths and weakness of all political factions, from monarchy to terrorism and the seemingly intractable positions of leftwing and rightwing politics. Mathematically, all current political positions are the same, and will generate inflation, debt, instability and concentration of wealth. They each fail to address how money is handled. “Buy low-sell high” has enduring consequences that can only be solved with a comprehensive “buy low-sell low” framework. Individuals, unions, governments, businesses and non-profits need to share a common understanding and strategy. Our problems are primarily an accounting methodology issue.

    TAX YOUR IMAGINATION! covers the birth of modern finance, which began a brief three-hundred years ago. Fiat paper currency has allowed debt and inflation to be infinite, and computers have given us the ability to process absurd calculations, but under the surface, it is still a feudal system. The National Debt problem can only grow, and the related crises repeat more deeply and more frequently. That is the nature of a geometric progression. Returning to a gold standard is not a solution. That is where the problem originated.

    Man has been struggling with the underlying math of trade for thousands of years. There is no answer to ‘How many eggs is a chicken worth?’ How then do we devise a system of fair trade? TAX YOUR IMAGINATION! provides the beginning of a workable framework. It reveals the economic problem and suggests a local strategy. The choice and consequences are stark: we can have perpetual war and inequality, or we can have equality and a long-term renaissance. The difference is as simple as writing down different numbers.

    The modern world can have zero debt, zero inflation, full employment, a high standard of living, with stable, satisfying and sustainable relationships with each other, across borders, between generations and with the Earth. A little courage, some empathy, and better math more cleverly applied, are all that is required to improve our world.TAX YOUR IMAGINATION!
  • About the Author

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    Steve Consilvio has been a self-employed small business owner for twenty-five years, and has a degree in History.

    Steve has been writing and perpetually refining his thinking on economics for forty years. He finally came to recognize his role in the ills of the world. The accounting methodology of a business is a self-defeating cycle, as all profits must return as an expense. He writes to explain his discovery, not to accuse, and hopes that the world will take heed.
  • About The Subtitle

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    Alternative Economics 101 comes from an article published in the Worcester Telegram & Gazette on January 23, 2009, written by Bill Fortier.

    Read it Here

  • Table of Contents

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    Introduction

    1. Money
    The Past and Future
    Money Between Generations
    Thoughts, Feelings and Actions
    Money as an Object of Trade

    2. Who Owns the Money?
    Empires and Commonwealths
    Who Owns The Money?
    Origins of Organizations
    The Illusion of Choice
    Checks and Balances
    The Wheels of Confusion
    Debt
    Societies
    How do we share the bounty?


    3. What is a Budget?
    The Basic Math of a Budget

    4. What is Inflation?
    Supply and Demand Theory
    What is inflation?
    The Inflation Sequence


    5. What are Boom and Bust?
    Percentages & Compounding
    Monopoly
    Capitalism & Socialism
    Regulated Economies
    Revolutions


    6. What is the Cost of Living?
    Wealth Profiles

    7. The Politics of Money
    Religion
    Rights and Revolutions
    The Role of Government
    Transactional Economics
    What is Fair?
    The Rat Race


    8. What is the GDP/GNP?

    9. The National Debt is the Inverse of Inflation

    10. What is a Ponzi Scheme?

    11. Big History: The Anatomy of Ideas
    What is the priority?
    Comparing religion within revolutionary movements
    Cognitive Dissonance
    Comparative Analysis
    False Choices
    Wisdom versus Truth
    Dissonance of Means and Ends: Equality or
    Inequality?
    Ideas Rule
    Virtue is Consistent
    History is a Mess


    12. The Anatomy of Contradictory Ideas
    Heroes and Villains
    Mapping Anger
    Silence is Not Harmony
    Enlightenment
    Know Thyself
    The virtue model
    The model in flux
    Hierarchy: Slavery versus Liberty
    Prejudice and Virtue
    What are Virtues?
    Virtue in Religion, and its Opposite
    Virtue in Politics, and its Opposite
    Virtue in Economics, and its opposite
    Consistency
    Finding Balance
    Money and the zero-sum game
    Hypocrisy and Internal Division
    Feeding the wolves inside of us


    13. The Anatomy of Hierarchy
    Indoctrination as Prejudice
    Chasing Revenue is desperate, not democratic
    Common Patterns
    False Language Distinctions
    The light and dark, young and old
    Organized Failure
    Organized Success
    Groupthink
    Build or destroy?


    14. What is Modern Finance?
    The social setting of Modern Finance
    The Rise of Commerce
    The Origin of Modern Finance
    France
    The Problem with Gold
    Cognitive Dissonance in America
    Robert Morris: America’s version of John Law and Solon
    Power and personal opportunity
    Developing a Currency
    The Temptation of Speculation
    The Civil War and Banking
    The Income Tax
    Dissonance of Ownership
    Wall Street and the Role of Gold


    15. The FIRE Economy and C=M+L
    Interest: the control of land and money
    The Land Bondage System
    The Social Consequence
    Government’s equal: the Bank
    Bubbles and Real Estate
    Understanding Wall Street
    Wall Street as Community
    Housing Reform
    Stewardship
    What is Value?
    The Power and Place of Percentages
    C=M+L: Capital equals Money Plus Labor
    The FIRE Economy
    The problem with insurance and government
    Moving Forward


    16. What is to be Done?
    The Choice: Fascism or Commonwealth
    The Problem: Inflation and Debt and
    Inequality
    Reforms for the Individual
    Reforms for Local Government
    Reforms for State Government
    Reforms for Federal Government
    Reforms for Businesses and Banking
    Liberty
    Personal Responsibility
    One Caveat