Here are some things I used to believe:
In my last blog entry I talked about the perils and evils of debt for both the lender and debtor. Here I’d like to discuss an alternative which I believe could replace the entire concept of debt.
Revenue sharing, sometimes referred to revenue-based finance and…
Prior to the mid-19th century, those who could not pay their debts were routinely tossed into prison. Actually, you can still go to debtor’s prison in Germany, Greece, China and Dubai. In the United States, two of the signatories to the Declaration of…