Insofar as today's economic life is in thrall to markets and banking, the gateway to a world beyond both is understanding that money has three qualities or colours of money – red, blue and yellow! Or means of exchange, store of value, unit of account. Or purchase, loan and gift money. Or Income and Expense, Balance Sheet and Closing Entries…
Since 1998, as part of its ae Mark project, the Associative Economics Association (based in England and Switzerland) has run The Colours of Money seminar as a way of exploring Rudolf Steiner's conception of three kinds of money, instead of the classic economic theory of three functions of money. The stand-alone seminar has been given in many parts of the world and in various languages (English, French, German, Portuguese and Spanish) and to a wide range of people, both lay and professional. This means that the ideas imparted have been developed and ‘road tested’ in many contexts, so that as well as the enjoyment provided by the seminar and the inclusion of artistic media, the content is grounded in practical economic and business experience. It is also Step 1 for those wishing to use the ae Mark.
The Colours of Money seminar is held on demand. Its essential materials are in The Colours of Money Handbook. The topics typically covered include the history of economic thought, monetary evolution, legal and constitutional questions, and bookkeeping, accounting and financial planning. In this way, the material spans from the big issues of our times to day-to-day management of economic activities such that they both function profitably and serve as micro-responses to macro problems.
Note: Neither the title nor the content of the Colours of Money Seminar are related to the film starring Paul Newman or the subsequent magazine published under that name by Triodos Bank.