Mumbling to family that spending money is the easiest act to perform. It is akin to the increase of entropy in the Universe. The nature of money is that it wants to be spent.
Then one might also ask that during those expenditure what is the nature of the corresponding or reciprocal change in our socio-economic system? Would it cause a decrease of entropy within certain physical or artificial construct: construction of building and selection of most organized organization to do the construction. Does money expenditure at least guarantee net increase in humanity’s utility due to the use of money?
This thought is somewhat inspired by reading Bernanke’s book on the federal reserve where they play with monetary system to cause socio-economic changes. Most of the time, we, at least I do, still assume that the motion of money is a result of satisfying a natural human need. I would really like to think that my needs are not a consequence of money’s need to be spent?
Where does one over take the other? Can we measure who’s making whom for what using a single number? We use the freedom from our previous analyses to mean the total actions available to us(an Action Space). An easy start is a probabilistic number called one’s Financial Freedom $math F_F\in [0,1]$ representing the ratio of the cardinality of your money-permitting action space versus your natural-god-given action space. Most of the time, we can make real-world assumptions and estimate this value.
And, corollarily, can we find a certain criterion that can predict this . For example, can a billionaire be above the influence of money’s natures? Can united organizations of sufficient number of natural persons be an entity that is beyond the reach of money? When does
approach zero and when does it approach one?
Why should we fear this lack of freedom.
Perhaps a Software Defined Economy can help us to understand the ins and outs of money matters better.