Prior Choice Economics

Prior Choice Economics is an economic system where acquisition of goods is eligibility-based, as determined by a running tabulation of the total productive work performed by a would-be acquirer over their lifetime, such tabulations being managed by a central authority (a Bureau of Economics). In comparison to modern monetary systems, where an exchange of goods or services for currency is the norm, this system deals with exchanges by granting goods and services to eligible acquirers on the basis of a scarcity calculation compared against an economic score that is increased by productive work.

The system was originally conceived by Addison Brown in 1947, and later adopted and written about by Gabriel Green, who asserted it was the same economic system used by extraterrestrial civilisations, which, Green claimed, referred to it as Universal Economics (UnEc).

Reading

• Green, Gabriel (1955), Prior Choice Economics: A Way to Bring a Better Way of Life for Everyone 
• Brown, Addison (1958), The Theory of Prior Choice, Chicago: Addison Brown 

Press Coverage

• Weinstock, Matt (3 Aug. 1955), "IT'S GREAT, BUT TOO LATE", Los Angeles Mirror (Los Angeles, CA): 12, https://www.newspapers.com/clip/120771849/its-great-but-too-late/