ABSTRACT

This chapter discusses the three areas of resource creation merit brief and separate comment: human resources, "natural" resources, and monetary resources including capital funds. It suggests that attitudes and motivations which contribute to a productive economy humanely and democratically organized should be encouraged. The skills and capabilities which individuals bring to the economic process are obviously amenable to discretionary social and economic policy. An evolving, functional economy can generate and apply reliable knowledge of money forms, money functions, and monetary management in pursuit of humanistic goals. Money does matter; monetary management is important; the creation and control of money and credit is a continuing and vital concern to any modern economy. It is common to regard availability of money as the determining constraint on what can be done economically. For an economy, the critical constraints more generally are matters of resource availability, productive capacity, manpower levels and skills, and the like.