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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

I am an entrepreneur, technology executive, board member, CEO, venture capitalist turned innovation economist (by fate). As an entrepreneur detecting the systemic failure of economics I had to reinvent the definition and principles of economics to - for the first time - become an accurate proxy of the real world. My invention is called Renewable Economics™. Become informed about a better way to assign value to the evolution of mankind.

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