The problem Why does the United States government spend money like there is no tomorrow? Why are states like California, New York, and Michigan always on the verge of bankruptcy? The problem is that representative democracy contains structural mal incentives. These incentives motivate representatives to approve spending to support worthy causes that will please constituent groups. To make matters worse, in the last 10 years Modern Monetary Theory has gained popularity. MMT claims that a monetary sovereign, such as the United States, can spend far more lavishly than it currently does, rendering the conventional constraints of budgeting obsolete. The solution In this groundbreaking book, computer scientist and political scholar Philip Bitar explains the fundamental principles of governance and fiat money. Dr. Bitar analyzes the tradeoffs of representative democracy vs. direct democracy, showing that voter incentives are different in the two systems. Bitar improves an initiative strategy that was effective in Washington State, showing that a focused use of direct democracy will solve the mal incentives of representative democracy. Bitar also shows that the basic claims of MMT are logically incoherent, revealing that MMT proponents do not understand how fiat money should be managed. Bitar explains how we can reduce the size and cost of government to make government fiscally responsible and minimally intrusive. Approval strategy We start in 18 special initiative states in order to build grassroot momentum that will eventually transform all 50 states and the nation as a whole. Antebellum mob rule In the foregoing analysis, Bitar reveals that representative democracy necessarily operates by mob rule, whereas direct democracy with the secret ballot prevents mob rule. To illustrate this point, Bitar explains the following. Terrified by the Haitian slave revolt, which started in 1791, the wealthy American slaveowners imposed a cancel culture in the southern states, preventing discussion of alternatives to slavery. This repression continued decade-after-decade -- growing worse over time -- and eventually took hold in the United States House of Representatives in 1836. Led by John Quincy Adams, the effort to repeal the gag rules took nearly a decade to realize its goal, which it did in 1844. Over the decades of imposing their cancel culture in the southern states, the slaveowners became ever more entrenched in their slaveholding mindset. The climax of this mob rule came in 1861 -- 70 years after the start of the Haitian slave revolt: seven slave states finally seceded from the United States of America. By now, 75% of southern families owned no slaves, but due to the mob rule of the slaveholding minority through representative democracy, the nonslaveholding majority was politically impotent. By contrast, direct democracy with the secret ballot would have enabled the nonslaveholding voters -- men at the time -- to serve the interests of their families by voting to oppose secession. For more info, visit www.ThePeoplesAmendment.com. IMPORTANT NOTE: To get the latest version, order the book new from Amazon directly because they print it when you order it.