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America’s financial statements

Oh, how cute. Venture Capital firm Kleiner Perkins (KPCB) is trying to switch places with government by producing a report describing their views on America’s financial problems at a time when our government is trying to be an entrepreneur.

Thankfully for both that switch will not need to occur, as the majority of our financial problems are related a simple origin: the free-markets of finance we have not.

Let each stay focused on their own domain, and on the reason for their disturbing avalanches, rather than trying to prevent the resulting snowballs.


About Georges van Hoegaerden

After my ideas had raised $14M and returned over $100M to investors in Silicon Valley I could not help but detect a systemic flaw in the way we detect, build, fund and support systems of innovation. On an entrepreneurial quest to root-cause I evolved my focus from the economics of innovation to the innovation of economics, and ended up completely rewriting the playbook of economics that must guide us all. I named my invention Renewable Economics™.

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