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I = S - M

The modern way of thinking about economics has been I = M - S Where I is the I as in me, M is what is 'mine' and S is what ...

12/21/10

Developing our model of Gandhian economics further, we can say

P--c--P+ ....... (1)

P--m--P+ ......(2)

where
P = person
c = commodity produced by neighbors
m = microcredit obtained through and with neighbors
P+ = enhanced person

(1) Engaging in work and trade among neighbors enhances people.

(2) Engaging in credit and debt with neighbors through microcredit enhances people.

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