A Technical Abstract
Bene: Good. Factor: Doer. Benefax: The Doing of Good.
Each person (you) is modeled as a flow node absorbing and emitting
typed value flows. Your balance sheets accumulate for each flow
type and they in turn enable and multiply your internal and external
downstream flows.
Benefax Flows include (→) genes, time, gifts,
connection, effort, skills, (←) skilled work, (→)
position, earned resources, (←) purchases, investments, gifts
out, waste, death. Each flow type's accounting system partly
controls (amplifies, deamplifies) other flow types (skills gate
work; capital gates investment returns; some flows are
non-depleting; recursive returns are often possible).
Valuation is multiplicative (additive on a log scale), with an
absorbing barrier at zero (multiply by zero = destroy
everything). The Benefax of a choice is the expected discounted
total value of all triggered downstream flows across the social
network, generalizing economics from two-way balanced monetary
transactions to one-way multidimensional non-fungible value flows.
The Benefax Flows Model aims to be concretely implementable
(descriptive, quantitative, predictive, intuitive) across
individuals and organizations at all levels, supporting insightful,
wise decision-making.
Elevator Speeches to..
... the Extreme Idealist Left
Idealism means making the world a better place; Veatch thinks we need
an accounting model to capture what that means, and to make the
decisions which will bring it along. Capitalist ideology is blind to
non-financial valuation, ignoring obviously valuable flows like
(involuntarily flowing) time or (non-depleting) connection, etc.
Expanding the accounting system lets us prioritize what's important
about the goodness of our efforts and possible futures, so we can make
it better, not worse, for each other and our descendants.
Veatch's "Benefax Flows Model" names externalities for what they are —
"socialism for the capitalists: socialize the costs, privatize the
profits" — uses the slave trade as the founding example, and shows
mathematically that Pareto inequality is not personal failure but a
structural pull of the "absorbing barrier" dragging the poor toward
zero while the rich compound. He argues unearned income should be
taxed at the highest rate, not the lowest. Share this, a respectable,
equation-bearing case for everything we already knew.
... the Center Left
Finally, a unified model that scores HeadStart, UBI, regulation, and
progressive taxation in the same coherent ledger as GDP — Veatch calls
it Gross Domestic Benefax. He shows wise government spending isn't a
sunk cost but a multiplicative investment that ripples downstream
through infrastructure, skills, earnings, and connection. Inequality
measured by the Gini coefficient is a validity check on the model
since inequality predicts violence and violence destroys downstream
flows. He's not anti-market; he's pro-evidence: the free market is an
alloyed good, not an unalloyed one: externalities must be watched
eternally. Send it to your wonk friends — it's the missing rigorous
frame for everything we've been arguing intuitively.
... the Center Right
"Wealth is good which pays taxes." Veatch reframes wealth-builders as
the greatest impersonal benefactors of the nation, and skewers tax
waste as a powerful, legitimate issue. Effort → Skill → Earned
Resources → Investments is the spine of the model; Charlie Munger's
Lollapalooza and the geometric mean are the math. Welfare systems that
discourage two-parent households get called "bumbleheaded." Adam
Smith's invisible hand survives and thrives in this new
multidimensional space, validly accounting externalities, the
absorbing barrier, Pareto. Pass it along: it's a serious,
mathematical defense of the responsible-citizen, investor mindset,
free of resentment-economics.
... the Libertarian Right
Veatch quotes Jordan Peterson approvingly on the basement troglodyte
who cleans his room, gets on the treadmill of meaningfulness, and
becomes worthy of mate selection — and calculates his downstream
Benefax as "astronomical." Parenthood is the supreme multiplier;
descendants are not a side topic but the math. Drugs, waste, and
self-destruction are quantified as multiplying your life by zero —
log(0) = negative infinity. The Bhagavad Gita on work-for-its-own-sake
is in there. Welfare that breaks marriage is named and shamed. Forward
it: it's the equations behind everything traditional men (and women)
have been telling each other for a thousand years.
... the Communists
Western "classical liberal economics" is exposed as naïve
hill-climbing — local optimization that ignores externalities, future
generations, and the collective. Veatch's Benefax Flows Model
formalizes John Stuart Mill's "greatest good for the greatest number"
with multigenerational accounting: ancestors and descendants both
count, history is real, and the sum of community Benefax — not GDP —
is the right objective function. Two-parent households, anti-drug
discipline, long-horizon planning, multiplicative investment in human
capital, wise state expenditure that ripples outward — all of it falls
naturally out of the math. Translate and circulate: it is a Western
thinker independently deriving the case for harmonious, long-view,
collective optimization.
Practical Suggestions to a Blocked Direction-Picker
You're not lazy — nobody handed you the equation. Veatch's Benefax
Flows Model is that equation. You are a flow node. Arrows of goodness
flow in (genes, gifts, time, skills) and arrows flow out (effort,
skilled work, gifts, investments). Every choice you make has a
downstream multiplier: a $5 fentanyl pill multiplies your life by
zero; a used Toyota to get to community college compounds for
decades. Effort accumulates to Skill, Skill plus Position earns
Resources, Resources enable Gifts, Gifts ripple outward forever — that
is the algorithm. Your job is to find which arrows to shoot to
multiply flows in and through yourself to others and to never, ever
multiply by zero. Forward it to anyone who's ever asked "what should I
actually do with my life" and gotten a shrug — this shows you how to
pick out your own answers, with math.
High-Benefax directions for your efforts
Consider:
- 1. Parenthood. Unlimited downstream multiplier; in 30
generations, a billion descendants. Highest leverage available to an
ordinary human.
- 2. Teaching / mentorship. A word in the right ear at the right
time can redirect a life. Non-depleting; you keep what you give.
- 3. Knowledge creation. Writings, inventions, ideas — they keep
transmitting long after you're gone. Erdős posting $200 for a
theorem still pays out today.
- 4. Business creation. Builds a position of leverage that converts
your skilled effort into jobs and products for others and resources at scale, then enables Gifts and
Investments.
- 5. Skill mastery (deep work). The Bhagavad Gita / early Marx
route: skilled effort is itself the joy, and compounds your earning
capacity besides.
- 6. Investment. Not just financial — the mindset shift from
additive to multiplicative thinking that you then generalize to
every other arrow.
- 7. Impactful giving. Local, in-kind, leveraged at the recipient's
inflection point. Tuition for a kid about to drop out beats
anonymous NGO overhead.
- 8. Connection. Non-depleting; the love and attention you give
doesn't subtract from your balance — it grows it.
- 9. Encouragement / role-modeling. Almost free to emit, can unlock
another person's whole Effort→Skill chain.
- 10. Not multiplying by zero. Negative space, but load-bearing:
refuse the choices (drugs, crime, self-destruction, despair) that
zero out everything else.