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Date: 2024-11-23 Page is: DBtxt003.php L0700-II-UNITS-OF-ACCOUNT
UNITS OF ACCOUNT
UNITS OF ACCOUNT FOR EVERYTHING THAT MATTERS IN THE SOCIO-ENVIRO-ECONOMIC SYSTEM
HUMAN VALUE / NATURE'S VALUE / FINANCIAL CAPITAL / PROCESSES and PRODUCTS
Quality of Life / Natural Capital / Corporate Performance / Financial Capital / Physical Capital / Environment
MULTIPLE UNITS OF ACCOUNT ... CONTEXT
WAY MORE POWERFUL THAN A SIMPLISTIC MONETIZING OF IMPACT
Conventional financial accounting uses money as its unit of account, and there are established methods for the use of multiple currencies when this is needed because of the nature of the business.
Money and conventional double entry accounting was a very powerful system for accountability when the economy was relatively small and impact on society and the environment was ignored without much consequence.
But the 21st century is different. The population of the world is at record levels, and the degradation of the environment in many different ways has become consequential.
There is a need now for UNITS OF ACCOUNT that are relevent for ALL the impacts associated with economic transactions.
The money measure needs to be better understood. It is common to use a reference currency like the US dollar, but local currency also matters, and there may be funding currency as well. Besides the US$, other reference currencies might be the Euro, Japanese Yen or Chinese Yuan
With TVIA, multiple UNITS OF ACCOUNT are used in a similar way to account for the way in which different activities impact ALL the CAPITALS that make up the SOCIO-ENVIRO-ECONOMIC SYSTEM. This is more powerful and more flexible than the idea of valuing everything using money and markets
ABOUT NAVIGATION FOR UNITS OF ACCOUNT IN PAGE SITE NAVIGATION
More about UNITS OF ACCOUNT
Withut a relevant unit of account, it is almost impossible to measure, and thus almost impossible to manage.
Open L070-UA-UNITS-OF-ACCOUNT
CREATED FINANCIAL CAPITAL / MONEY
Long history as the foundation for ALL economic measurement ... but in need of complementary metrics to address all issues
GO #CFC Open L0700-UA-CFC-MONEY
UNITS OF ACCOUNT for CREATED PHYSICAL CAPITAL
Created Physical Capital needs conventional money accounting plus impact related to human, social and natural capital
GO #CPC Open L0700-UA-CPC-UNITS
UNITS OF ACCOUNT for CREATED INTANGIBLE CAPITAL
Created Physical Capital needs conventional money accounting plus impact related to human, social and natural capital
GO #CIC Open L0700-UA-CIC-UNITS
A UNIT OF ACCOUNT for HUMAN CAPITAL
LIFE and QUALITY OF LIFE for the INDIVIDUAL is the most important measure of PROGRESS and PERFORMANCE for HUMAN CAPITAL
GO #HC Open L0700-UA-HC-HUMAN-CAPITAL
A UNIT OF ACCOUNT for SOCIAL CAPITAL
LIFE and QUALITY OF LIFE for SOCIETY (family, friends, nighborhoods, communities, PLACE)
GO #SC Open L0700-UA-SC-SOCIAL-CAPITAL
UNITS OF ACCOUNT for NATURAL CAPITAL
CONSUMPTION of NATURAL CAPITAL has enabled the growth of CREATED CAPITAL that supports modern QUALITY OF LIFE
GO #NC
A UNIT OF ACCOUNT for NATURAL CAPITAL - LAND
LAND IS LIMITED and there are many alternative uses that are required in a sustainable system.
GO #NCL Open L0700-UA-NC-LAND
A UNIT OF ACCOUNT for NATURAL CAPITAL - WATER
WATER is vital for human life as well as for production in both people built systems and in natural systems
GO #NCW Open L0700-UA-NC-WATER
A UNIT OF ACCOUNT for NATURAL CAPITAL - AIR
Degradation of CLEAN AIR has consequences including deterioration of human health
GO #NCA Open L0700-UA-NC-AIR
A UNIT OF ACCOUNT for NATURAL CAPITAL - CARBON / CLIMATE
Changes in the ATMOSPHERE as a result of Green-House-Gas (GHG) emissions are changing climate behavior with huge existential implications.
GO #NCC Open L0700-UA-NC-CARBON-CLIMATE
A UNIT OF ACCOUNT for NATURAL CAPITAL - BIODIVERSITY
Changes in the ATMOSPHERE as a result of Green-House-Gas (GHG) emissions are changing climate behavior with huge existential implications.
GO #NCB Open L0700-UA-NC-BIODIVERSITY
A UNIT OF ACCOUNT for NATURAL CAPITAL - ECO-SYSTEM SERVICES
Changes in the ATMOSPHERE as a result of Green-House-Gas (GHG) emissions are changing climate behavior with huge existential implications.
GO #NCE Open L0700-UA-NC-ECOSYSTEM-SERVICES
A UNIT OF ACCOUNT for NATURAL CAPITAL - RESOURCES
Changes in the ATMOSPHERE as a result of Green-House-Gas (GHG) emissions are changing climate behavior with huge existential implications.
GO #NCR Open L0700-UA-NC-RESOURCES
Introduction to Bitcoins
VIDEO There are two videos here that describe how bitcoins works ... The value of bitcoins is not entirely clear ... but it is worth some thoughtful analysis. The old fashioned paper
Open file 0276
New Economic Thinking ... Blain
Some thoughts on alternative money ... Ideas on money developed by the economist R. (Bob) Blain 		Open file 0278 INET
Local Currency
BerkShares Local Currency on BBC in 2007 		Open file 1428
The role of currency
Local Currencies: Catalysts for Sustainable Regional Economies 		Open file 1429
Local Currency ... BNotes for Baltimore
Local Currency ... BNotes for Baltimore ... VIDEO about the launch in April 2011 		Open file 1430
Local Currencies ... New Zealand
Helen Dew from New Zealand on Local Currencies		 Open file 1431
Regional Currencies
An explanation of regional currencies and how they work ... mainly related to Germany and Europe 		Open file 1432
Deschutes Trade Exchange
I'll Trade You Mine If You Trade Me Yours ... Deschutes Trade Exchange offers alternative currency for local businesses ... founded by Thom Gates 		Open file 3880
Alternative Currency ... Rebuild21 in the UK
A YouTube video ... The Future of Finance, Rebuild21 		Open file 3881
Alternative Currency ... Exchange analysis
Design concept of community currency based on fuzzy network analysis 		Open file 3885
Design concept of community currency based on fuzzy network analysis
Masayuki Kokabu et al Kyoto University, Japan
http://www.truevaluemetrics.org/DBpdfs/LETS/CommunityCurrencyDesign.pdf 		Open PDF ... Design concept of community currency based on fuzzy network analysis
Alternative Currency ... A technology based system of exchange
LAUNCHING MEANS OF EXCHANGE 		Open file 3888
Alternative Currency ... TimeBank
Timebanks - the modern bartering 		Open file 3893
Alternative Currency ... Fourth Corner Exchange
Fourth Corner Exchange is the Pacific Northwest (USA) chapter of the Life Currency Cooperative Exchange 		Open file 3895
Alternative Currency Initiatives
Information about several hundred alternative currency initiatives ... Type of Local Exchange System / Community / Country / Date of Registration
Open file 3896
Alternative Currency ... Greece
Euros discarded as impoverished Greeks resort to bartering ... Communities set up local currencies and exchange networks in attempt to beat the economic crisis 		Open file 3915
Complementary Currency ... Berkshares
About Berkshares ... Alphabetical Listing of businesses accepting BerkShares 		Open file 4937
Ideas ... Doug McDavid ... Transaction Agreement Unit (TAU)

0276 0278 3880 3881 3885 3888 3893 3895 3896 3915 4937

TAU_ArchitectureFramework_v14v4
http://www.truevaluemetrics.org/DBpdfs/Initiatives/GreenTransition/TAU_ArchitectureFramework_v14v4.pdf 		Open PDF ... TAU_ArchitectureFramework_v14v4
LETS ... Community Currencies
New Values, New Currencies ... 2014 		Open file 9854
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