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References (6)
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William Hogeland (2012)
Founding Finance: How Debt, Speculation, Foreclosures, Protests, and Crackdowns Made Us a Nation -
Bob Blain (2011)
A Metric for MoneyMonetary Economics eJournal
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James Madison, Gaillard Hunt, James Scott (1921)
The Debates in the Federal Convention of 1787 Which Framed the Constitution of the United States of America -
Bob Blain (2014)
The Root of U.S. Public and Private Debt, as Told by the Pen of History, 28
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Robert Blain (1996)
Defining exchange rate parity in terms of GDP per hour of workApplied Behavioral Science Review, 4
- Publisher
- Brill
- Copyright
- Copyright © Koninklijke Brill NV, Leiden, The Netherlands
- ISSN
- 1569-1500
- eISSN
- 1569-1497
- DOI
- 10.1163/15691497-12341438
- Publisher site
- See Article on Publisher Site
Abstract
Cooperation®: The Wealth of Nations Game® is a simulation, a way to highlight advantages and disadvantages of economic systems, and suggest where changes might improve performance. This simulation enabled its inventors, Bob Blain and Bob Gill, to identify a set of rules that would work better than barter, socialism, and capitalism. University students graded these, along with autonomous cooperation. Barter received a C, socialism a B, capitalism an F, and autonomous cooperation an A. The latter is the result of adjusting game rules to incorporate the strengths of the other three methods of exchange while avoiding their weaknesses. How the rules of autonomous cooperation can be applied to economic policies is explained in the final section.
Journal
Perspectives on Global Development and Technology – Brill
Published: Apr 7, 2017