Have you noticed how peace is the outcome of non-intervention, that is, of classical liberalism?
Have you noticed that war and destruction are the outcomes of interventionism? That is because all human intervention is, by definition, ego-driven. This 'ego' is the carnal aspect of humanity and its fruits are nothing but carnage of all types.
When will humans recognize that they have finite and imperfect knowledge and realize that trusting in God is a very important step towards peace and prosperity?
For more information go to my website.
To earn a Masters Degree in Divine Economy Theory go here.
Sunday, May 31, 2009
Saturday, May 23, 2009
Even Empirical Data Mean Nothing To Keynesians!
The empiricists will have difficulty being upbeat after looking at this data but the Keynesians could very easily be upbeat.
When push comes to shove the Keynesians have a fall back position well beyond the empirical data and that fall back position is animal spirits. Since no one can define 'animal spirits' it permits the ultimate quackery of Keynes to go along its happy path of the destruction of a capitalist economy so socialism can take its place.
In case anyone does not realize this, that is the whole purpose of, and the devious scheme within, the perverted mind of Keynes.
For more information go to my website.
To earn a Masters Degree in Divine Economy Theory go here.
When push comes to shove the Keynesians have a fall back position well beyond the empirical data and that fall back position is animal spirits. Since no one can define 'animal spirits' it permits the ultimate quackery of Keynes to go along its happy path of the destruction of a capitalist economy so socialism can take its place.
In case anyone does not realize this, that is the whole purpose of, and the devious scheme within, the perverted mind of Keynes.
For more information go to my website.
To earn a Masters Degree in Divine Economy Theory go here.
Wednesday, May 13, 2009
Cheerios Fight As Mafia-like FDA Tries To Use Extortion!
Yes, there is definitely the extortion element. The mafia needs to find money somewhere (since our 'mafia-like government' has caused our nation to go bankrupt) so it resorts to extortion. General Mills is their newest victim.
Then we have the logical consequence of intervention: intervention-induced problems that require even more intervention; and then the viscious cycle expands like a cancer. The FDA is just a specific arm of interventionism and it creates definitions that the ego-driven interpreters use to justify more ego-driven interventionism.
Prescription: All human intervention into the economy lacks moral authority, therefore it is invalid and should be ignored by the masses. The unConstitutional coup and all of its agencies are in the minority and will find themselves powerless when the masses reject their economic terrorism.
For more information go to my website.
To earn a Masters Degree in Divine Economy Theory go here.
Then we have the logical consequence of intervention: intervention-induced problems that require even more intervention; and then the viscious cycle expands like a cancer. The FDA is just a specific arm of interventionism and it creates definitions that the ego-driven interpreters use to justify more ego-driven interventionism.
Prescription: All human intervention into the economy lacks moral authority, therefore it is invalid and should be ignored by the masses. The unConstitutional coup and all of its agencies are in the minority and will find themselves powerless when the masses reject their economic terrorism.
For more information go to my website.
To earn a Masters Degree in Divine Economy Theory go here.
Thursday, May 7, 2009
Schumpeter's Creative Destruction Forgets About Praxeology.
We're back to the question of "Which came first the chicken or the egg?" Since both the chicken and the egg exist neither can be denied but didn't one come first?
Since entrepreneurship exists and since disequilibrium exists neither can be denied. It is possible that disequilibrium was first discovered by the entrepreneur and it is also possible that the entrepreneur's action caused disequilibrium.
However, and perhaps Schumpeter went astray at this point, the consumer is sovereign. This is the key to understanding which comes first. All value ultimately comes from subjective valuation and all things have value because people value things.
What do you call an entrepreneurial action that causes disequilibrium but that nobody values or wants? First of all it is wasteful so in that sense it is destructive and it may even be 'creative' but it is the antithesis of economic.
As you can see, following the erroneous pathway of 'creative destruction' as the cause in a cause and effect analysis leads to something less than economic analysis. Schumpeter was 'creative' but he left praxeology behind and lost his way.
For more information go to my website http://www.divineeconomyconsulting.com/.
To earn a Masters Degree in Divine Economy Theory go here.
Since entrepreneurship exists and since disequilibrium exists neither can be denied. It is possible that disequilibrium was first discovered by the entrepreneur and it is also possible that the entrepreneur's action caused disequilibrium.
However, and perhaps Schumpeter went astray at this point, the consumer is sovereign. This is the key to understanding which comes first. All value ultimately comes from subjective valuation and all things have value because people value things.
What do you call an entrepreneurial action that causes disequilibrium but that nobody values or wants? First of all it is wasteful so in that sense it is destructive and it may even be 'creative' but it is the antithesis of economic.
As you can see, following the erroneous pathway of 'creative destruction' as the cause in a cause and effect analysis leads to something less than economic analysis. Schumpeter was 'creative' but he left praxeology behind and lost his way.
For more information go to my website http://www.divineeconomyconsulting.com/.
To earn a Masters Degree in Divine Economy Theory go here.
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