The Information Chain Theory: Integrating Social Theory

By Robert “Bob” Blain.

Published by The Social Sciences Collection

Format Price
Article: Print $US10.00
Article: Electronic $US5.00

The information chain theory developed by reformulating Talcott Parsons’ four function paradigm as information chains of varying length, using Gordon Allport and Leo Postman’s findings on rumor for the information chain paradigm, using life expectancy as the dependent variable, and organizing concepts from across the social sciences as different values of six variables. The theory has been tested with data from all countries of the world in 1986 and 2008. The equations obtained have been put into a spreadsheet that allows users to apply the theory to explore various policy options.
The theory also led to understanding money as missing an essential element, a unit for price defined by a measuring instrument. Currency exchange rates support using an hour of work defined by the visible hands of the clock as that unit. The concept of ‘hour money’ has been tested with a board game and computer simulation.

Keywords: Thomas Hobbes, Adam Smith, Karl Marx, Max Weber, Talcott Parsons, Social Theory, Sociology, Economics, Hour Money, Currency Exchange Rates, Information Chains, National Wealth and Poverty

International Journal of Interdisciplinary Social Sciences, Volume 5, Issue 8, pp.283-308. Article: Print (Spiral Bound). Article: Electronic (PDF File; 2.128MB).

Prof. Robert “Bob” Blain

Emeritus Professor of Sociology, Department of Sociology, Southern Illinois University Edwardsville, Edwardsville, Illinois, USA

After receiving a BA (1960) and PhD (1967) at the University of Massachusetts and an MA (1964) from Harvard University where I was a student and teaching assistant of Talcott Parsons and Frederick Mosteller, Chair of the Statistics Department, I taught for two years at The Ohio State University then for 40 years at Southern Illinois University Edwardsville. My teaching covered a wide variety of courses including demography, statistics, and leadership with a focus on classical theory. My research on theory, US public and private debt, and currency exchange rates has been published in the American Sociological Review and several national and international journals. I have been invited to speak on monetary reform in New Zealand, Poland, India, Libya, Togo, and Australia. Bob Gill and I invented the economics simulation board game, Cooperation: The Wealth of Nations Game that enables students to learn and compare barter, socialism, capitalism and cooperation. I am now affiliated with the Provisional World Parliament promoting the Hour as the world currency unit.


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