Civilization101Blueprint

Money, credit and capital

Obligations recorded, weighed, coined, audited and lent.

Economy Levels 1–5 7 steps written
1
Level 1 · Foothold · 1 of 5 in this track

The debt record

2
Level 2 · Forge · 2 of 5 in this track

Standard weight

t2-weights Guide

Standard weight

Give every market a balance whose readings can be checked and a set of reference weights within published tolerances, held to a master by an office that verifies, stamps and re-inspects them.

Needs first: The debt record, Blacksmithing (Tools), Writing and the durable record (Knowledge), Arithmetic for everyone (Knowledge), Published rule and the court (Society)

3
Level 3 · Mill · 3 of 5 in this track

Double entry and the auditable enterprise · Fungible token and the mint

t3-coin Guide

Fungible token and the mint

Strike coins of a weight, fineness and size fixed in law, at one mint working under seal, and prove every year, in public, that they meet the standard.

Needs first: Standard weight, Smelting: first metal (Materials), Blacksmithing (Tools), Published rule and the court (Society), Double entry and the auditable enterprise

  • Guide Institutions: what to found, and how to run them
  • Build none yet
  • Read The Origin of Metallic Currency and Weight Standards; An Inquiry into the Nature and Causes of the Wealth of Nations; Wikipedia, offline (Kiwix ZIM) and 1 more on the step page
4
Level 4 · Engine · 4 of 5 in this track

Credit, interest and the bank · Pooled capital and limited liability

t4-company Guide

Pooled capital and limited liability

Let anyone form a company by registering it, let thousands of people invest in it while risking only what they put in, and pay for that protection with a public register, audited accounts and a board bound by duties to the shareholders.

Needs first: Credit, interest and the bank, The register: land, birth, company (Society), Double entry and the auditable enterprise, The enforceable promise (Society), Published rule and the court (Society)

  • Guide Institutions: what to found, and how to run them
  • Build none yet
  • Read Up To Date Business: Lessons in Banking, Exchange and Finance; An Inquiry into the Nature and Causes of the Wealth of Nations; Wikipedia, offline (Kiwix ZIM) and 1 more on the step page
5
Level 5 · Current · 5 of 5 in this track

Reserves and the price level

t5-monetary Guide

Reserves and the price level

Measure the price level every month, give an independent central bank a published inflation target and the tools to meet it, and make banks safe enough that a run on one does not become a run on all.

Needs first: Credit, interest and the bank, Fungible token and the mint, Pooled capital and limited liability, Count before you administer (Society), Telegraph (Computing)

  • Guide Institutions: what to found, and how to run them
  • Build none yet
  • Read Lombard Street: A Description of the Money Market; Fiat Money Inflation in France; Up To Date Business: Lessons in Banking, Exchange and Finance and 1 more on the step page

Everything in this track

Every guide, build, reference sheet and book reached from the steps above.

Field guides

Books and archives