The primary purpose of this organization is to promote and foster a better understanding of (i.e. educate the general public about) how to value, trade-off, and otherwise manage time spent pursuing activities other than pecuniary or material wealth, essentially integrating and balancing quality-of-life measures with standards-of-living. This is expected to be accomplished by introducing a unit of measure called "Intangible Coin" (or “iCoin”) that complements money as a source of comfort. Essentially, our goal is to recognize and account for real equivalent value in all of the things money can't buy that make life meaningful and well worth the effort. One of our core beliefs is that “profit” and “success” must be (re)defined to include social values alongside economic interests.
The basis for the Book of Intangibles is decades of original notes and writings about capitalism by its President, Robert H. Kenmore, who holds a Bachelor’s Degree in Economics ’80 from Stanford University, as well as M.B.A. ’93 and Ph.D. ’02 Degrees in Business from the University of Chicago.
The Book of Intangibles is structured as a “think tank” that attracts, develops, and houses intellectual property focused on quantifying intangible value as robustly as tangible value. Our mission is to transform and broaden general perceptions about capitalism, and our vision is to significantly enhance the positive potential of capitalism to improve professional fulfillment and personal satisfaction.
A novel perspective on how to appraise and consolidate tangible and intangible value(s) is provided through a collection of sophisticated models, empirical or experimental research, mathematical and scientific algorithms, and functional applications. Principles of economics, statistics, business, and physics are heavily relied upon to rationalize healthy behaviors and overall well-being.
Validated through informal peer-reviews as well as formal market-testing and acceptance, the results of our efforts are freely available on this website for the public good interested in self-educating itself on various practices that have been proven to work better than others.
Donations are invited (but not required) to access: self-published materials designed and packaged specifically as non-technical simple yet effective self-help inspiration references (e.g. poems); as well as more technical teaching and learning instructional curricula in support of our espoused principles. Other income may be generated from contributions to cover expenses (but not time) for staff expertise, such as public-speaking or advisement about complex proprietary methods to commercial and non-commercial entities.