Divine Economy Theory Is Starting To Reach The Economic Literature.

Although you mention the divine economy and examine it through the lens of 'spontaneous order' and the 'organizational' lens, neither of these captures the divine economy as unfolded in the divine economy theory.

I am grateful though that you are using the term and identifying it as a 'variety' of economics. Indeed, from my perspective the divine economy theory is an authentic economic science in the classical liberalism tradition that comes from the harmony of both science and religion; which means that it gives honor to the human spirit, and permits the recognition of the inseparability ethics and economics, and has the potency to address justice, unity, law, and order in the context of transformation.

For more information go to my newly renovated website.

If you know of anyone interested in ethics and economics,
or liberty and justice, please send them this link:
http://divineec.ipower.com/2/

What Is The Greatest Weakness Of The Free Market?

What is the greatest weakness of the free market? In other words, even though the free market is the best means for prosperity and justice and peace it still is not without problems.

The market is merely the communication vehicle that conveys the imperfect knowledge that humans have in a world of uncertainty. Hence the greatest weakness is also its greatest strength. The free market is the best means of allowing the flow of knowledge - imperfect as it is - in a way that ameliorates the uncertainty in an optimal way.

All human intervention is a corruption since it adds another layer of the imperfect knowledge (due to the finite nature of human understanding) which, in turn, creates even more uncertainty. That is why the free market is best when it is unhampered.

For more information go to my newly renovated website.

If you know of anyone interested in ethics and economics,

or liberty and justice, please send them this link:
http://divineec.ipower.com/2/

The Omniscient Quality Of Knowledge Flows In A Free Market.

Ignorance and latency are the barriers blocking individuals from the ever-flowing knowledge, and additionally at the level of civilization, it is only an unhampered market economy that provides an unimpeded flow of the inextinguishable knowledge.

For more information go to my newly renovated website.

The Universal Human Language Is The Free Market!

The free market does what language does.

The free market is the universal language that brings about social cooperation and social coordination. The words of the language are the prices of all the goods and services of the people of the world. The letters making up the words are property rights and subjective valuations and therefore the letters are from the alphabet of liberty and justice.

For more information go to my newly renovated website.

Why Divine Economy Theory?

No longer is it necessary or even desirable to separate the study of economics from the study of ethics or from the study of law.

Divine economy theory is comprehensive, using state-of-the-art subjectivist methodology in the unfolding of macroeconomics, microeconomics, ethical economics, and economic justice.

Divine economy theory is a very exciting modern-day extension of classical liberalism and it is a valuable tool to be used to construct an ever-advancing civilization upon an unshakeable foundation of liberty and justice.

For more information go to my website.

Go here to read about Mastery of ETHICAL ECONOMICS.

{The exciting news is that I have published the fourth and final book in the divine economy theory series and I am in the process of developing its website!}

The Modern Definition Of Laissez-Faire.

Planning the economy versus not planning the economy is not the real essence of laissez-faire, at least in a modern sense. It is an issue of corruption. Can the finite comprehension (of interventionists) of an infinitely complex and intricate system of cooperation lead to anything other than a distortion of its operation? Who could possibly claim the ability to comprehend the incomprehesible other than someone who is ego-driven?

For more information go to my website.

Go here to read about Mastery of ETHICAL ECONOMICS.

{I am currently taking a partial hiatus from blogging so frequently since I am preparing to write the fourth and final book in the divine economy theory series, due to be published around May 2011.}

Mises Institute Fulfills Murray Rothbard's Dream.

The Mises Institute is very much modeled after this premonition of Murray Rothbard either deliberately from its origin or as it unfolded. The Mises Institute definitely provides a universal nurturing environment for scholars and interested persons to gain confidence and recognition.

I am curious about the journals being published for scholarly work, are they open to new classical liberalism theoretical works, specifically, the divine economy theory? If so please let me know.

For more information go to my website.

Go here to read about Mastery of ETHICAL ECONOMICS.

{I am currently taking a partial hiatus from blogging so frequently since I am preparing to write the fourth and final book in the divine economy theory series, due to be published around May 2011.}

Austrian Economics And The Divine Economy Theory.

As part of your exploration of the divine economy theory you might find it interesting to read comments that I have made over the years to the Mises blog and you may also find it interesting to focus that search even more by reading comments specifically related the divine economy made over the years to the Mises blog.

For more information go to my website.

Go here to read about Mastery of ETHICAL ECONOMICS.

{I am currently taking a partial hiatus from blogging so frequently since I am preparing to write the fourth and final book in the divine economy theory series, due to be published around May 2011.}

Why Is Money Regarded As Just A Unit Of Necessity?

Imagine money at the center of a subjective model - the divine economy model!

Money as property protected as a right by law; flowing in the market; bringing order to what seemed chaotic; giving people the power to easily act on their subjective choices; and also transforming into a capital structure that is congruent with time preferences.

Question: Why is money regarded as just a unit of necessity?

For more information go to my website.

Go here to read about Mastery of ETHICAL ECONOMICS.

Empiricists Have A Difficult Time Thinking Subjectively!

There is a difference between an empirical model and a subjectivist model.

The empirical model is quantitative whereas the subjectivist model is qualitative. You buy an apple for 50 cents. That is the piece of data in the empirical model.

Or you buy an apple and in that way human action manifests itself, which is part of the flow of information in the ocean of knowledge that surges and surges with unfathomable power supplying humanity with all of its needs unless an empiricist tries to squeeze all that (infinite dynamics) into one piece of data and interpret it in a way to justify ego-driven interpretation.

For more information go to my website.

To earn a Masters Degree in Divine Economy Theory go here.

Go here to read about MACRO & MICRO Economics Renewed.

Is Macroeconomics Or Microeconomics More Original?

We must try to understand the world and how it works - the economy and how it works - within the context of the whole. For example, secession is a macroeconomic policy that is a reflection of individual sovereignty. And for example, money is a medium of exchange that is a tool for macroeconomic efficiency which reflects an individual's desire for efficiency, or in other words, the disutility of labor. Macro and micro are inseparable, there is no doubt, but to amass a body of work known as economics there has to be a desire to understand the world holistically.

The fact that there is no disconnect at the level of the individual shows the continuity across the micro and macro levels. And the fact that human action is the source of all economics does not discount the importance and complexity of the dynamics of the market.

Deducing, using the subjectivist methodology, from the macro level leads to confirmation at the micro level.

For more information go to my website.

To earn a Masters Degree in Divine Economy Theory go here.

Go here to read about MACRO & MICRO Economics Renewed.

Latent Entrepreneurial Spirit vs. Active Entrepreneurial Spirit Is Intriguing.

Entrepreneurship is alertness. Humans are unique in their potential for alertness. Other animals have alertness, limited to certain inherent characteristics, but humans potentially are alert to all things. Of course refinement of that potential is all a part of the advancement of humans; as individuals and an ever-advancing civilization.

Even within the epochal knowledge that is potentially available to humans there are impediments to that knowledge. Latency is a good explanation of that impediment. Instead of being alert the alertness is simply latent. In this regard it is easily restated as the absence of the investigation of truth.

In other words, entrepreneurship is not exclusively an economic term. Its synonym is alertness. Humans are essentially endowed with this nature and so they possess what can be described as an entrepreneurial spirit. Whether it becomes manifest and to what extent depends on the degree that latent entrepreneurship is transformed into active entrepreneurship!

For more information go to my website.

To earn a Masters Degree in Divine Economy Theory go here.

Go here to read about MACRO & MICRO Economics Renewed.

Divine Economy Theorist's Business Card Content.

Bruce Koerber - Economics Author in the Classical Liberalism Tradition

My newest book:

Mastery of ETHICAL ECONOMICS (2010)

Use my website to find:

• First book in the sequence:

MORE THAN LAISSEZ-FAIRE (2008)

• Second book in the sequence:

The HUMAN ESSENCE of Economics (2009)

• A combination of the first and second book:

MACRO & MICRO Economics Renewed (2009)

• Third book in the sequence:
ETHICAL ECONOMICS For Today And Tomorrow (2010)

Google "Divine Economy Consulting" And Go From There!

One way to immediately connect to information about the divine economy theory is to Google "Divine Economy Theory." Then proceed.

What Is The Divine Economy Theory?

The core of the divine economy theory is the Divine Economy Model. It is a model built using the subjectivist methodology. It starts off conceptually simple but quickly gains complexity and dynamics. It becomes a lens that focuses our vision and makes it easier to see the economic realities.

The amazing congruence that is inherent in the economy is evident at the microeconomic level in the Divine Microeconomy Model and at the interface with ethics in the Ethics of the Divine Economy Model. In other words, macroeconomics and microeconomics and ethics are all inseparable in reality yet each is distinct enough to lead to a magnified scientific understanding by examining each separately.

The essence of divine economy theory is that the equilibrium power that is the motivating force in the economy is like gravity, and it is like magnetism, and it is a manifestation of the power and bounty of God.

It cannot be thwarted, only distorted temporarily. Economic laws reveal how it works.

What is unique about economic equilibrium is that the economy exists only because humans exist and humans act because they exist. Humans are divine since they are created in the image of God, meaning that they possess, in potential, all of the names and attributes of God. The economy is the expression of human action and human action is the expression of the inherent names and attributes of God.

To conclude this description of the divine economy, here is a summary statement: The economy is a divine institution and the term 'divine economy' refers to its equilibriating power.

For more information go to my website.

To earn a Masters Degree in Divine Economy Theory go here.

Go here to read about MACRO & MICRO Economics Renewed.

Is Government An Inherent Part Of Human Nature?

As social beings, humans recognize the advantages of cooperation and so there will always be a pattern in society that will be chosen as the means for advancing civilization. The pattern that will best serve as the means to that end will be untainted by the desire for power. In other words any ego-driven alternative means will be readily recognized as corrupt and quickly discarded.

One word that can be used to describe 'a pattern in society' is 'government' although in the future it will not resemble what is familiar to us or what it looks like now in these Dark Ages of economics.

For more information go to my website.

To earn a Masters Degree in Divine Economy Theory go here.

Go here to read about MACRO & MICRO Economics Renewed.

Divine Economy = Unhampered Free Market Economy.

According to the divine economy theory the divine economy is the equivalent of the unhampered free market economy, however, it is also more than that! That is also the reason why my first book is titled MORE THAN LAISSEZ-FAIRE.

The basic difference has to do with the ontological model. The ontological model used in the divine economy theory is slightly, but significantly, different than the classical ontological model. In addition to the mineral and vegetable and animal and human (intellective) categories the divine economy theory includes a fifth category, the category that acknowledges that humans are also spiritual beings.

Once this realm is brought into the scientific exploration some of the boundaries that served as limitations disappear. As a result the divine economy theory is opening new vistas. It is cutting edge subjectivism, it is cutting edge economics, it is cutting edge ethics, and it is cutting edge education.

For more information go to my website.

To earn a Masters Degree in Divine Economy Theory go here.

Go here to read about MACRO & MICRO Economics Renewed.

How Many Regard The Market Economy As Blameless?

"In the market economy the only way left to the more gifted individuals to take advantage of their superior abilities is to get the masses to believe you are serving them, which might be done by actually serving them, or, alternatively, say, by marketing an addictive product to them and getting them hooked on it."

Do you stand by your own statement, Gene Callahan?

I guess it all depends on your definition of the market economy. Why stop at the midpoint?

If you understand the implications of a market economy then you understand that information flows at its optimal for each specific time in history. As information flows at its optimum civilization advances and the ethics changes.

Sure you can pick a time along that continuum and say that addicitive goods are produced and consumed but to use that as a criticism of the market economy is erroneous. The flaw is not in the market economy but rather it is in the character of the individuals at that specific time in history.

Carry that forward in time - when the ethics changes - and then you will see that these playthings are seen and regarded as silly and even ridiculous. There is still a market economy but without the barbarism of an earlier, less developed civilization.

In other words, it is improper to blame the market economy.

For more information go to my website.

To earn a Masters Degree in Divine Economy Theory go here.

Go here to read about MACRO & MICRO Economics Renewed.

The Past, Present, And Future Of The Divine Economy Theory.

Thomas Aquinas is a towering figure in classical liberalism and in the unfoldment of the divine economy theory. It is true that this phlosophical line continues back to Aristotle. But the elements and seeds of the divine economy theory goes back further, past Moses and Abraham, as far back as recorded history. Each time epochal civilization advanced a fragment of the divine economy theory was there.

Presently the refinement of the ethics of the divine economy is underway.

In the near future (2011/12) the fourth and final book in the divine economy series will be written and its tantalizing theme will be "This is the balance, this is the balance, this is the balance!"

For more information go to my website.

To earn a Masters Degree in Divine Economy Theory go here.

Go here to read about MACRO & MICRO Economics Renewed.

Why Is Laissez-Faire Moral?

Reality won't conform - nor is it known!

Since reality - as far as we can understand - is only a reflection of human action and human action is subjective, it is always unknown.

No matter how much someone who is ego-driven desires to interpret or intervene, reality cannot be grasped. There is no moral authority to do anything which is why laissez-faire is moral!

For more information go to my website.

To earn a Masters Degree in Divine Economy Theory go here.

Go here to read about MACRO & MICRO Economics Renewed.

Why Do Mainstream, Empirical Economists Misunderstand Subjectivism?

One of the reasons mainstream economists misunderstand the unity of thought and the conviction and unwavering confidence exhibited by 'students' of classical liberalism is because it has an ethical foundation.

Since empiricism extracts the human element, it necessarily extracts ethics also. Then when it is time to apply their 'economics' they have to make some kind of interpretation to reapply it in an ethical context in the human world. Inevitably ego-driven interpretation is what results which sends us in steps towards totalitarianism.

And it is this same empiricism of mainstream economics that makes subjectivism a mystery to them and causes them to misrepresent the certitude of the scientists who use subjectivism.

For more information go to my website.

To earn a Masters Degree in Divine Economy Theory go here.

Go here to read about MACRO & MICRO Economics Renewed.

Why Not Just Call It "Capitalism?"

Words, new or not, have limitations which is the whole reason why models are used to supplement our descriptive power and our understanding.

The first subjectivist model that I developed, which is the foundation for "MORE THAN LAISSEZ-FAIRE", is first introduced visually as a four-petaled flower with a center. Or you could imagine the four cardinal directions but with a center. Here are the four elements: Imagine south as the Human Spirit, north as Transformation, east as Order, and west as Law. The center is what in the economic literature has been called equilibrium, which is what acts on all of these, and which I label as 'divine economy.'

Like I said, words have limitations so I suggest that you refer to the model(s) to get a better sense of what I mean by 'divine economy.'

One reason I don't simply call it 'capitalism' is because it is more encompassing. When talking about capitalism no one suggests that we just call it 'savings.' They are not incompatible but they are not the same thing either.

Although in a way this model may sound simplistic but the model is developed further. For example, the model I mentioned to you above is two dimensional - even though identifying the elements is profound in and of itself - but in a handful of pages in Chapter Two it goes from a two dimensional model to a five dimensional model.

Do not be alarmed because every aspect of these models is subjective. That is one of the most revolutionary and remarkable things about the divine economy theory.

For more information go to my website.

To earn a Masters Degree in Divine Economy Theory go here.

Go here to read about MACRO & MICRO Economics Renewed.

Which Came First, Ideology Or Ego-Driven Interventionism?

As far as ego-driven interventionism is concerned I do not see ideology as coming first. Whenever it started - and then later became an ideology - it started because someone was overcome by their ego and convinced themselves that they had the knowledge and the ability to 'do' the economy better than its own divine nature.

This perverse ideology, no doubt, encourages people along those lines (if you check again what I wrote). I identified them not as evil but as without a 'proper education.'

I am glad to finally get someone to talk about ego-driven interventionism. Although implied in the classical liberalism literature (although maybe some do not think that it is) as far as I can tell I think that I am the first one to label it as such and thereby pinpoint the precise cause of the attempt to destroy the spirit of laissez-faire economics (which I have further refined and intricately described as the divine economy).

For more information go to my website.

To earn a Masters Degree in Divine Economy Theory go here.

Go here to read about MACRO & MICRO Economics Renewed.

A Good Definition of "Moral Hazard."

The definition that I like appears on pp. 783-4 in the masterful biography of Ludwig von Mises, Mises: The Last Knight of Liberalism, written by Guido Hulsmann. Here it is:

"Artificial markets would make managers irresponsible. Some of the benefits of successful management would still be private (the increased reputation and career advancement of successful managers), but all of the costs of mismanagement would have to be borne by the citizenry at large. As a consequence, the managers of the state could take excessive risks; they would squander society's capital."

For more information go to my website.

To earn a Masters Degree in Divine Economy Theory go here.

Go here to read about MACRO & MICRO Economics Renewed.

Moral Authority Resides In The Free Market Economy.

Pure and simple - there is no moral authority for ego-driven intervention and the only source of an ego-less economy is a free market economy. That is not to say that a free market economy is absolutely perfect, because it is simply a mirror image of the relatively imperfect state of development of human civilization.

However, the advancement of individuals and of civilization towards perfection is dependent upon the flow of information and that is only at its optimal in a free market economy.

For more information go to my website.

To earn a Masters Degree in Divine Economy Theory go here.

Go here to read about MACRO & MICRO Economics Renewed.

Liberty Is Not Concessionary.

This is very similar to the emphasis that I give in MORE THAN LAISSEZ-FAIRE. Laissez-faire is not merely a philosophical point of view to be defended or not. It is an expression that was used in the past (and up to the present) to indicate that there is no moral authority to meddle in the economy.

This is the esence of the divine economy theory although the theory itself proves unequivocally that there is no moral authority to meddle in the economy. Upon this foundation rests all of the other new and exciting discoveries!

For more information go to my website.

To earn a Masters Degree in Divine Economy Theory go here.

Go here to read about MACRO & MICRO Economics Renewed.

Reply to: Atheism Does Not Undermine Classical Liberalism.

So not to be misunderstood this is the context of the statement that ruffled some feathers:

"Transition to a society envisioned in the philosophy of classical liberalism needs our attention. Atheism and interventionism are the two major distortions."

Who can seriously say that the society envisioned in the philosophy of classical liberalism can either have interventionism or atheism? To say that or to think that is a distortion of that 'ideal' society.

An atheist can adopt classical liberalism as a meritorious philosophy and then choose to personalize it. However the roots of classical liberalism do not change simply because an individual has selectively deleted those things that are considered abrasive.

Again the easy way out is to pretend that science is flawless and that religion is flawed.

In truth, science can be flawed and religion can be flawed. In truth, both science and religion are valuable tools for the discovery of that which you are seeking. Some use only one tool while others choose to use both.

It is because interventionism and atheism are major distortions of classical liberalism that they undermine classical liberalism.

For more information go to my website.

To earn a Masters Degree in Divine Economy Theory go here.

Go here to read about MACRO & MICRO Economics Renewed.

Reply to: Atheism Was Instrumental In Guiding Me To Classical Liberalism.

The fact that you are searching after truth means that you have chosen an active entrepreneurial spirit over a latent one. I am not saying that science (classical liberalism is an example of science that uses the correct methodology for studying human action) does not lead to truth. On the contrary it is one of the most powerful tools of discovery. Science, if it is erroneous (empiricism in social sciences, for example), can also lead astray.

That is the same problem with religion.

When put on even ground, then, both science and religion have the same potentials - good and bad.

Now, how would you regard an individual who only used religion as the sole tool for the discovery of truth? In your mind you probably would regard that individual as imbalanced, I suspect.

Just because religion is a difficult path to traverse since it is plagued with the errors of ego-driven interpretation does not mean that religion is an invalid tool for the discovery of truth. If someone says, "Look at the ridiculousness of Keynesianism; economics is a bunch of bunk!" and then they fall into a mode of a latent entrepreneurial spirit, does that do any good for anyone?

I merely suggest that we have the choice to use all the tools for discovery that are at our disposal. The easy way probably will not yield the best results.

For more information go to my website.

To earn a Masters Degree in Divine Economy Theory go here.

Go here to read about MACRO & MICRO Economics Renewed.

Divine Economy Theory And Natural Rights.

Discovery is at the forefront of the advancement of civilization. These early scholastics documented their discoveries and promulgated them enough to activate the consciences of most who learned of their discoveries.

Just like natural rights represent an inseparable essence of the human reality so too does the divine economy represent the essential institution that was created as the means for the flow of the grace of God.

If this statement is a new discovery so be it. It will have the same significance as the discovery of natural rights. It is a corollary of natural rights.

Yet as it is unfolded in the divine economy theory it is like a laser whereas natural rights is like a candle!

For more information go to my website.

To earn a Masters Degree in Divine Economy Theory go here.

Go here to read about MACRO & MICRO Economics Renewed.

Free Market Economics Is Not "Individualism."

People benefit from the mutually advantageous cooperation that is a part of the market process. Here is what Ludwig von Mises said about it:

"The greater productivity of work under the division of labour is a unifying influence. It leads men to regard each other as comrades in a joint struggle for welfare, rather than as competitors in a struggle for existence. It makes friends out of enemies, peace out of war, society out of individuals." Socialism by Ludwig von Mises, p. 261

For more information go to my website.

To earn a Masters Degree in Divine Economy Theory go here.

Go here to read about MACRO & MICRO Economics Renewed.

It's Time To Learn About The Divine Economy Theory!

As a logical and scientific and peaceful alternative, consider what was stated in MACRO & MICRO Economics Renewed:

"For centuries we have tried to direct the economy. It is now time to recognize the economy as a divine institution that encourages human development and brings about prosperity. The other way – intervention – is divisive and its failure is all around us and is progressively worsening. This shortcoming is necessarily so because intervention causes a corruption of the divine economy."

For more information go to my website.

To earn a Masters Degree in Divine Economy Theory go here.

Go here to read about MACRO & MICRO Economics Renewed.

A New MACRO Economics Book.

Now it is possible to get a comprehensive economics book - that is, one that seamlessly combines macro and micro - a book that can also serve as an alternative textbook, and one that strictly adheres to laissez-faire, free market economics.

This is no minor task if you consider the sad state of affairs in education generally, and in economics specifically. No where else will you find as compelling a reason for stopping all ego-driven human intervention into the economy.

The book, that is built upon the foundation laid by the great Austrian economists and the contributors to the philosophy of classical liberalism, is entitled MACRO & MICRO Economics Renewed. No one should be without access to this state-of-the-art economics book!

For more information go to my website.

To earn a Masters Degree in Divine Economy Theory go here.

Go here to read about MACRO & MICRO Economics Renewed.

Capital Is A Vital Element Of The Economy.

Beyond the narrow definitions of capital, this is what we know:

1. Capital is the most limiting factor in the economy.
   
2. Capital is the key to transformation.

By considering these it becomes evident that understanding capital (so definitions need to be accurate) is an indicator of whether economics is understood.

For more information go to my website.

To earn a Masters Degree in Divine Economy Theory go here.

Go here to read about MACRO & MICRO Economics Renewed.

Solutions To Environmental Problems.

There are two steps:

1. Defining and refining property rights.

2. Enforcing property rights.

For more information go to my website.

To earn a Masters Degree in Divine Economy Theory go here.

Productive Speculation Is Attacked By Socialism.

If and when you listen to the half-truths in the media you are constantly being told by the propagandists that capitalism is evil and that speculators are vile. Here is why these are half-truths.

First of all the word ‘capitalism’ is supposed to be describing a free market economy but there is and has not been a free market economy anywhere, anytime. In that regard what is being practiced that is evil is interventionism which is nothing but the political corruption of the economy.

Second, speculation is absolutely necessary for any production to occur. Nobody knows what will be the outcome in the market; some products fail and some succeed, and some products people want more of and some products people want less of. The market conveys that information but only after production is finished and reaches the market. Before production occurs the market response is just a speculation. With no speculation there is no production! In that regard the attack by the socialists on speculation is an attack on production which explains one of the reasons why very few goods and services are available in socialist ‘economies’.

In addition to arousing your curiosity about the greatness of free market economics and about the value of speculation, this information helps you to quickly identify those whose voices are the voices of socialism. If a person attacks the free market or if they attack speculation they are either in need of education or they are socialists trying to spread lies and half-truths.

For more information go to http://www.divineeconomyconsulting.com/.

To earn a Masters Degree in Divine Economy Theory go here.

How Do We Prepare For The Coming Ideological Change?

What we have to realize is that the equilibrium forces of the economy are infinitely greater than the ephemeral and illusory powers of the ego-driven interventionists.

Our greatest challenge is not to resist the advance of socialism and fascism but to educate people about classical liberalism, about Austrian economics, and about the entrepreneurial spirit inherent in all human beings to seek the truth. This prepares the way for the ideological change that is coming.

The economy is our helper. Its equilibrium forces will wipe away these corrupt ego-driven interventionists with ease. We want to make sure that the free flow of information that occurs in an unhampered market is made easier by an insistent demand for it by the people around the world.

What can we do to stimulate the demand for the freedom to get information about classical liberalism and Austrian economics? Whatever those things are that stimulate the demand, that is what we should be doing!

If so inclined, send me your ideas about what would stimulate the demand for the freedom to learn more about classical liberalism and Austrian economics.

For more information go to http://www.divineeconomyconsulting.com/.

To earn a Masters Degree in Divine Economy Theory go here.

Definitions of Micro and Macro Economics In The Divine Economy Theory.

One definition of macroeconomics that then emerges from the divine economy theory is as follows: it is a study of those factors and conditions that lead to the long run advancement of the standard of living for everyone on the planet.

One definition of microeconomics that then emerges from the divine economy theory is as follows: it is a study of how individuals discover and react to information in the market as part of their division of labor to produce and then to earn income, so as to meet their personal desires for goods and services.

For more information go to http://www.divineeconomyconsulting.com/.

To earn a Masters Degree in Divine Economy Theory go here.

What exactly is the "spiritual reality of human beings"?

The spiritual reality of human beings is being created in the image of God.

Humans have the potential to reflect, acquire, and manifest all of the attributes of God (the Names of God, the virtues). The degree is relative whereas God is in all things and in all ways Absolute (in fact God is greater than that since that is an imagination by a finite being about that which is Infinite (in fact God is greater than that since that is an imagination by a finite being about that which is Infinite . . . ad infinitum))

The potential is always towards higher degrees of perfection of reflecting, acquiring, and manifesting all of the attributes of God.

For more information go to http://www.divineeconomyconsulting.com/.

To earn a Masters Degree in Divine Economy Theory go here.

Earn A Masters Degree In Divine Economy Theory!

How does this new endeavor - offering a Masters Degree program - feel for me?

It feels like a quantum leap; it feels like I am going from words to deeds; it feels like I am finally actively involved in re-educating people around the world (which is what is needed).

As the saying goes 'A picture is worth a thousand words.' Well, I have over 150 diagrams developed so far in pursuit of understanding the divine economy theory. Each of these diagrams constitutes a lesson.

Practically what this means is that after studying and comprehending these lessons you will be a Master of the Divine Economy Theory!

Begin by contacting me at divineeconomyconsulting@msn.com and expressing your interest!

Empirical Economics Is Locked Into ‘Selfishness.’

As the saying goes: You reap what you sow.

Empirical economics has tried to be ‘scientific’ by removing all non-predictable elements. This is perfectly valid for the natural sciences but it is an illusion and an unfortunate sign of a lack of intelligent perception. There is nothing scientific about removing humans from the human sciences!

To stay true to this erroneous methodology (erroneous for the human sciences but not for the natural sciences) the empiricists collect data and then interpret their data. As part of their explanation of the trends they conclude that humans act selfishly. Humans choose what they perceive to be in their best interests.

Selfishness is one way of describing such a pattern but so is subjectivity. The empirical economists cannot acknowledge subjectivism because that undermines their empiricism. They are entrenched, locked into selfishness.

As a result they pin the label ‘selfishness’ on humans and this leads to all kinds of perverse outcomes. For instance, how can anyone imagine that laissez-faire can be good if, when left alone, people will act selfishly. Empiricists come to the conclusion that the government is necessary to keep people from acting in such a degraded state of mind - selfishness!

These perversities that result from empiricism would simply not exist if the proper methodology was used for economics. It is a human science, a social science, and the appropriate methodology is subjectivism. People make choices subjectively. Everyone does it. A person can only make decisions based on knowledge of one’s own self. How could it be otherwise?

Under subjectivism laissez-faire is obviously an expression of freedom - which is conducive to prosperity. This is the economic methodology that treats humans as humans and acknowledges natural law by recognizing that humans are subjective beings.

Economic empiricists sow seeds of false pretenses and reap economies that are rigid and easily subject to corruption. Ironically those who are the source of the corruption are the ego-driven interventionists who are indeed ‘selfish!!!!!’

For more information go to http://www.divineeconomyconsulting.com/ .

Foreword to "MORE THAN LAISSEZ-FAIRE"

by Bettina Bien Greaves

Most high school and college textbooks describe the nation’s economy as a huge agglomeration of goods and services, vast piles of food, clothing, coal mines, factories, computers, agricultural products, kitchen appliances, TVs, automobiles, computers, planes, and so on ad infinitum. But these physical things are not the market economy as such. They are what people produce while working and trading on the market economy.

Bruce Koerber explains that the market economy is not a physical thing; rather it is a process, a human institution. It is at the same time the consequence of human actions and a shaper of human actors, transforming them into cooperative social human beings. The economy is the outgrowth of the purposive actions and choices of men. As such, it is manmade, but it is not purposively planned. As men meet, cooperate and have dealings with one another, markets evolve, as do societies and civilizations.

Koerber shows how the market economy develops. It is a dynamic process. Market participants are ego-driven; they act on the basis of their subjective values. Their subjective values are expressed in prices. Prices furnish knowledge about the wants and needs of other market participants. As traders turned from barter to using a medium of exchange, money, trading became easier. Moreover, money prices furnish market participants with information, knowledge, and the tools for calculation. Thus the market disseminates and coordinates the activities of market participants.

As Koerber explains, all men are driven by the human spirit to try to improve their situation. Individuals can best improve their respective situations when they are free to act. Therefore, the human spirit should be free. The right of individuals to private property must be protected so that individuals will save, accumulate capital and invest. If entrepreneurs are free to look for and to discover opportunities they tend to improve economic productivity. In the process, the free market economy develops economic principles and fosters law, order, justice and harmonious relations among all participants. Thus, the path to economic progress, peace, prosperity and a more advanced civilization is through the free market economy. On the other hand, when outside interventions interfere with the voluntary activities of individuals in the market economy, especially by wars and inflation, they violate property rights, disrupt the market’s harmonious operations, distort prices and production, cause the boom/bust business cycles, and hamper economic progress.

For those who appreciate visual presentations of economic relationships, Koerber’s book is sprinkled throughout with diagrams illustrating the influence on economic production of property rights, capital structure, prices, entrepreneurship, competition, profit and loss, etc.

Koerber’s book explains that the free market economy is guided by voluntary actions. It is “in accord with the will of God.” It leads to greater social cooperation, peace, increased prosperity and a more advanced civilization. It awakens the human spirit to its full potentiality. Koerber calls it the “divine economy.”

Bettina Bien Greaves *
Hickory, North Carolina
February 2008

* Formerly with the Foundation for Economic Education, Irvington-on-Hudson, NY; attended Ludwig von Mises’ NYU graduate seminar in economic theory (1951-1969); compiled a 2-volume annotated bibliography of Mises’ works, published by FEE in 1993 and 1995; and now editing the new editions of Mises’ several works being published by Liberty Fund, Indianapolis, IN. The latest volume in their series is Human Action (2007).
For more information go to http://divineec.ipower.com/2/ .

Food Scarcity or Food Shortage?

Knowing the difference helps us to know what can be done to solve this problem. Everyone who is concerned about what is going on around the world recognizes that there is a problem. Although these two words appear to be synonyms they are not. Economic insight into the difference between these two is very valuable.

Scarcity is the unavoidable condition in this world. We can never have all of our needs and wants satisfied. At the same time it is possible to address scarcity by directing means of production towards satisfying our highest needs and wants. Scarcity is alleviated by production.

A shortage has a different origin. A shortage is the outcome of intervention in the market. Somewhere prices in the market are being interfered with (manipulated). It is the signal that we call prices that is like words in a language. The words are necessary for communication. Without market prices the signals are muddled and the consequence is either a shortage or a surplus.

In a centrally-planned economy the prices are arbitrary and ‘controlled’ rather than market prices. As a result you have a complete breakdown of the economy like what happened in the Soviet Union where there may have been a national toothbrush shortage yet there was a handle surplus in Minsk and a bristle surplus in Pinsk with no means of coordinating. Intervention, price manipulation, is like speaking Russian to someone who understands only Spanish. In the vast complexity of the economy such miscommunication leads to tremendous errors. Everyone suffers when the market economy is rendered ineffective by intervention.

Now we can get to the crisis at hand. The economies around the world are functionally ‘controlled’ economies and so we have a mess on our hands.

The food shortage is caused by interventionism. When prices are set by the central planners and are set below what the market price would be there is less production. Also at that ‘below market price’ the demand for the commodity is greater. Excessive demand combined with constrained production leads to a shortage. The cause is clearly interventionism. The solution is not to then to heed the call for increased control by the central planners! The solution is to recognize that the interventionists are the problem in the first place.

The immediate solution is to stop all intervention in the market so that the language of the market can re-establish communication and coordination.

If there is truly scarcity then production will be channeled towards that end. Indirectly there may exist the appearance of scarcity of foodstuffs since grain supplies are being depleted to produce biofuels. This is not scarcity but a part of the shortage caused by intervention into the market economy by short-sighted and ignorant politicians and those whose privilege they seek. Their intervention, subsidizing ethanol production as an example, is obviously interfering with market prices.

As soon as this intervention stops the resources in the free market will quickly flow towards production to alleviate scarcity. And market prices will assure that there are no shortages or surpluses.

For more information go to http://www.divineeconomyconsulting.com .

Divine Economy Theory - The Power of Deduction.

Empirical economists are blinded by and bogged down in minutiae. They are in a state of powerlessness whether they know it or not.

A holistic approach is absolutely necessary since humans all belong to the same species and there are natural laws that describe what they do. They behave subjectively within the spectrum of possibilities, constrained by the natural laws of the human operating system.

A holistic approach cannot start at the physical level nor can it choose the human intellect as its ultimate starting point. Holistically the human being is also a spiritual being. This means that the spiritual reality plus the intellect plus the physical qualities define the human being.

Deduction from only the physical nature of humans yields a different outcome than if one that starts more broadly from the intellect. Likewise, deduction from the higher level of perception, the spiritual, leads to a different discovery.

Backing up to the farthest point known takes us to the source of our creation - our Creator. We cannot go beyond that. Deduction proceeding from that point leads us to certain discoveries but there are no more stones to uncover that make it possible for us to broaden our point of origin.

What is extremely exciting about this origin of deduction for the human sciences is that it becomes fixed like a 'standard.’ Henceforth, the way one proceeds with deduction may vary but the ultimate starting point, the standard, is always the same.

This is why it is a truism to say that science and religion are in harmony.

A Quote About Divine Economy Theory - Free Will.

“Only the subjective methodology can accommodate free will. Free will is another foundational piece of the divine economy since all of the actors in the economy have free will. Free will is also a foundation of the creation of humankind; it is part of human nature. It manifests itself in the independence of each decision made within the mind of each person — which is subjective valuation. Each decision is unique to the circumstances deemed important by each individual, who are themselves unique and therefore subjective.”

A Quote About Divine Economy Theory - Capital Consumption.

"If consumer credit is extended in the market artificially - which means that it is unmatched by existing savings - capital is consumed. What is happening is that consumption is in excess of the productive capacity. Productive capacity in the economy is supported by the level of savings and the subsequent capital. The only way to now consume more is to use current savings, which was to serve as the loanable funds for ‘new’ capital and economic growth. This is the equivalent of consuming capital which consequently will cause the economy to regress, the typical consequence of intervention."

A Quote About Divine Economy Theory - Poles of Unity and Justice in the Model.

"Similarly the divine economy can be more fully understood when the model includes the poles of unity and justice. It is around these two poles that the divine economy revolves. The axis of these poles represents the ‘nature and role of knowledge.’ The implication here — with this axis being centrally located within the model — is that knowledge flows throughout and that it is this free-flowing knowledge that best serves all of the divine economy processes.

This is a key concept in the divine economy theory. It is the nature and role of knowledge that enables the equilibrium forces to maintain balance and harmony. Intervention by those with finite human understanding strikes at the ‘nature and role of knowledge’ axis — with the consequences being a condition of imbalance and disharmony and a corruption of the divine economy."

A Quote About Divine Economy Theory - Capital is the Most Limiting Factor.

"Most significantly, of all factors in the economy capital is the most limiting. See if you understand why. Ponder: in the here and now — in the present — we cannot live in the future! That is our limitation. The reason capital is the most limiting is because it is what connects the present and the future in the economy within our limitation. It is constrained by uncertainty yet its variation or structure determines the transformation that takes place in the economy.

Since capital is the most limiting factor, the movement or advancement of civilization depends heavily upon the structure of capital. This necessitates, optimally, that the capital structure needs to be a harmonious expression of the market so that it truthfully reflects the will of the people. In the divine economy fully vested human beings find and share knowledge in the market. Part of that knowledge reflects the importance of time which becomes manifest in capital and its relevant structure."

A Quote About Divine Economy Theory - Order Emerges From Market.

"The market is where individual human action undergoes reconfiguration into a more social entity. This is part of the dynamics between the ‘act’ and the ‘transformation.’ The market is where knowledge flows to and from in a civilization. And it is from this proverbial fountain of knowledge that order emerges."

A Quote About Divine Economy Theory - The Property Rights Interface.

"Property rights interface closely with human action, the market and the capital structure. Property rights are truly foundational and have a strong connection to law in the divine economy since they anchor the economy to the human being.

In its most basic and primary expression, property rights are human rights. The existence of a human being grants dominion, and its peaceful expansion toward food, clothing and higher attainments all fall within the domain of property rights."

A Quote About Divine Economy Theory - Overcoming Inefficiencies.

"If the market is in an inefficient condition the solution is to educate people about entrepreneurship not to corrupt the divine economy by imposing arbitrary restrictions through intervention."

A Quote About Divine Economy Theory - Consumer Sovereignty.

"In a sense all forces are mobilized to answer the command of the king — the consumer. The entrepreneur, by nature, is alert to these opportunities and perceives the signals sent in the market. The motion set in order by the entrepreneur moves resources towards whatever means are needed to satisfy the consumer — the king.

Production of goods and services to satisfy the king — the consumer — necessitates that the producers hire labor and other resources. In that way all of the ‘subjects’ benefit from their service to the ‘king.’

Wherever in the economy the consumers spend more the profits rise and this stimulates economic competition; followed by investment and production. In other words, the pattern of investment and production follows the consumer spending pattern, in obedience to the ‘king.’"

A Quote - Market Is Not A Product of Human Design.

"Granting that the economy is divine implies the following: that the actors are seen as expressive agents of the will of mankind, that there is no omniscience within the realm of human policy-making that can even minutely compare to the divine expression inherent in the market, and that the market is not a product of human design.

The market is a divine institution that emerges spontaneously from human action. It is a social institution that forms for the sake of production. The market is the time and place where the convergence of all of this useful information transpires and where it is discovered."

A Quote About Divine Economy Theory - The Highest Potential.

"A moment of reflection is now needed for us to be able to discern what is real and foundational.

As I just mentioned, the economy is a uniquely human institution. Since the human being can dwell in the world of relative perfection or imperfection the potential then exists for the economy to be in one of two states. If the higher nature of humanity is realized then the institution (the economy) that is a tool for the expression of human action will itself be elevated and celestial.

Frankly, it is the divine nature of the human being which is his true reality and therefore it can be deduced that the highest potential of the institution of the economy is divine."

Divine Economy Theory And Worldwide Prosperity!

Instead of the free flow of information there is blockage. Instead of the grace of God reaching everyone on this planet there are many bottlenecks and there are many diversionary tactics that confiscate the wealth generated by the grace of God.

The blockage and the bottlenecks and the diversionary tactics are all man-made. They are all just the different variations of interventionism exercised by those humans who lust after power and who are ignorant of the sacredness of the economy.

The divine economy theory proves that there is no moral authority for interventionism and it proves that the grace of God will reach everyone quickly and effectively when the economy is unhampered by parasitic interventionists. The economy is a reflection of the human reality and it functions like a language, serving as the means of conveyance of all of the information necessary to satisfy the universal economic reality of ‘People desire things!’

Interference with the organic and automatic and divine nature of the economy, motivated by self-serving or ignorant interventionists, lessens the prosperity potential for everyone, that is, except the ego-driven interventionists. They are like embezzlers draining the wealth from the economic system to enrich themselves.

There are many ways to improve the economy, for example by strengthening private property rights, but the first and foremost step that needs to be taken is to expose the fraudulent practice of intervention and to stop the theft of the interventionists. The divine economy theory is very useful in this regard. It is stronger than the laissez-faire stance or the free market stance because it proves that the economy is a divine institution. Since the economy is a divine institution all human interference or intervention is a corruption. This is the economic truth, pure and simple!

A Quote About Divine Economy Theory - Socialism Fails!

'The economy is dynamic and composed of trillions of needs and decisions that often change complexion. The basis of knowledge needed for economic calculation comes from the market in the form of relative prices. These prices are relative to all other prices at the current moment.

The freer the market is the quicker the information can flow and the greater the ability is for it to correct errors. Desires, needs, and resources converge in the market and find full expression in the form of relative prices. Economic calculation involves comparing and contrasting and speculating about the relative prices expressed through the market.

Any attempt to calculate economically using fictional non-market values — values arbitrarily assigned by someone removed from the market — ignores the dynamic nature of the knowledge within the market; which is tantamount to denying the human spirit. Use of non-market values is the reason why vertical production in an excessively large firm results in bureaucracy and calculation error.

This is also the reason why socialism fails, since it is an ‘error-based institution.’ What is meant by ‘error-based’ is the fact that the prices used for decision-making are arbitrary and imagined, not derived from the market process. These prices are erroneous and all decisions based on them are error-based.'

A Quote About Divine Economy Theory - Decentralized!

'Human planners of the economy are hopeless failures and can be more aptly described as oppressors. In the real economy (the divine economy) there is a ‘central planner’ who is all-knowing and all-seeing and perfectly just. It is God.

God is the creator of the economy as a human institution and His design allows the fullest expression of human diversity. In the divine economy there is decentralized planning to the nth degree, where n represents each individual or business entity that is actively interacting within the market process. The economy changes as the human race changes and yields its promised fruits conditionally — depending upon whether the current state of affairs exists as either a hampered or an unhampered market.'

A Quote About Divine Economy Theory - Willingness To Work.

"If we assume that there is no coercion then the first order of incentive for the human being is to meet one’s own needs. Since it is possible to meet one’s own needs by taking action, that is what is done. What we acquire from our labor we are able to keep, presumably. It can be deduced that this basic property right is necessary and sufficient to make a person willing to work.

A negative corollary is that without the right to receive the fruits of one’s labor there would be an unwillingness to work. Nothing destroys the willingness to work faster than removing the human right to ‘reap what you sow.’"

A Quote About Divine Economy Theory - The Market.

"The market is a conveyor of information just as is language. The following analogy is useful.

Individually I speak to myself alone or I can more fully use language and speak with others. The full benefits of language as a human endowment come from its social nature. If I happen to speak vulgarly, language as a human institution should not be attacked as being harmful. In fact, the social nature of language empowers it to have a moderating and refining influence on individuals, thereby lessening the occurrence of vulgarity.

The market, likewise, releases the full benefits of the human spirit and all of the associated resources. If someone acts in a crude or frivolous manner it is not the fault of the market. In fact it is the social nature of the market that will tend to moderate and refine individuals, ultimately facilitating the advancement of civilization."

The Essence of the Divine Economy Theory.

There is a dual reality in this world that exists because that dualism is an aspect of the human reality. God created and creates humans in a manner described as ‘in His Image.’ This is the human reality, either recognized and appreciated - or not. And at the same time humans are social beings. This is part of their reality, it is part of their journey, it is integral to the process of being human.

It turns out that the economy is the social expression of being created ‘in His Image.’ The economy is the process of cooperation in the quest for discovery of one’s reality. This is the essence of the divine economy theory.

Second Edition Slightly Delayed Due To The Ron Paul Candidacy.

I am making good headway on the Second Edition of DIVINE ECONOMY And Its Real World Economic Principles but I will not meet my personal goal of this year's end. I like how everything is falling into place but I am probably a month away from completion.

One unforeseen 'change in the landscape' has been the exciting emergence of Ron Paul as a viable Presidential candidate. I have been a supporter of the statesmanship of Ron Paul ever since I became an Austrian economist in 1985. So I have been paying quite a bit of attention to his campaign and all the creative efforts of his supporters.

In other words, instead of working on my book I have spend considerable time watching Youtube features and writing blog entries in defense of Ron Paul.

Since I will be publishing the Second Edition as an eBook my deadline is flexible. The sooner I publish the sooner I can put together a marketing strategy for my trilogy on the divine economy theory.

Classical Liberalism Reforms During This Transition Period.

We are living in an age that is at the boundary of a new era. There are inadequecies that are becoming more and more problematic and more and more obvious. How can we overcome this crisis? There is one standard that has always lead to an advancement of civilization and that is classical liberalism. As the concepts and principles of classical liberalism are applied to the contemporary inadequacies the problems will be resolved.

Nowhere is this more obvious than in the current political arena in the United States. Ron Paul is a classical liberal and a distinguished statesman for 20 years. When he speaks about the issues he is seen as far distant from the other voices. Before the logic of his advice sinks in, the diametric nature of his solutions causes some to say he is a 'kook.' But once the initial shock abates the logic and truth of his classical liberal solutions resonates. What becomes clear is that all of the problems have come from deviations from the principles of classical liberalism which in America were embedded in the Constitution.

Another transitional phase of this period for classical liberalism is in economic science. By definition classical liberalism has rejected empiricism and instead it recognizes the subjectivist methodology for the human sciences. However there is one deficiency during this transitionary period that will have to be remedied. The remedy for economic science is the abolition of atheism.

The divine economy theory is an example of classical liberalism in its new form, ready for the new era, a golden era of liberty, peace, and justice. That is where classical liberalism leads!

Divine Economy Theory Policies.

As you may or may not know I am currently writing the second edition of my first book, Divine Economy And Its Real World Economic Principles. And now is the time to make known to the broad internet readership the policies set forth in the last chapter of the book.

The divine economy theory developed as a deductive process which means that it began at the general level and moved towards the specific. Since Divine Economy And Its Real World Principles was the first book in the series and also the first stage of the divine economy theory it was broad, which in economic jargon means it is representative of a macroeconomic view.

There are eleven macroeconomic policies that are espoused in the divine economy theory. In blog entries to come I will identify each of the eleven policies and describe them in some detail.

Austrian Economics And The Divine Economy Theory.

Austrian economics is a continuation of the classical liberalism tradition. Within the classical liberalism tradition there was a strong foundation that was built upon natural law. As part of natural law, the characteristics that were unique to humans served as the basis for understanding the human sciences.

The subjective nature of human action requires that the scientific methodology for praxeology be subjectivism. Austrian economics uses the subjectivist methodology and it identifies the condition where the subjective nature of humans thrives, that is, it identifies where prosperity comes from.

The divine economy theory has its roots in classical liberalism also. For instance, Thomas Aquinas was a classical liberal and he also can be considered as a divine economy theorist. The fully constituted divine economy theory, though, is a recent phenomenon. I know since I am a divine economy theorist and the founder of the divine economy theory as set forth in my books.

Likewise the divine economy theory has its roots in Austrian economics since that is where I first discovered the economics of liberty. I never shied away from considering myself an 'Austrian' even though I do not have an Austrian ethnic heritage. I settled into the Austrian economics literature and processed the information in the context of other knowledge that I had. In a very real way I have rekindled the divine economy theory of classical liberalism but this time it is happening within the tradition of Austrian economics.

I discovered Austrian economics in 1985, pondering it deeply for many years and then in 2003 I began to formulate my thoughts; this was part of the maturation process. In 2004 I envisioned the divine economy model which launched my career as an economic author. In 2005 I realized that the whole concept actually constituted a theory and I chose to designate it as the 'divine economy theory.' This organic process that I went through resembles the fruiting of a tree. Germination followed by growth and then maturity and the bearing of fruit.

Interestingly, I listened to Ron Paul speak the other night on the Tonight Show with Jay Leno and Dr. Paul mentioned that he began reading Austrian economics 30 years ago and now he is educating a nation and the world about classical liberalism to an extent never done before, ever! These are the magnificent fruits of his maturation in classical liberalism.

Back to the divine economy theory. It is an equilibrium theory anchored by the human spirit and transformation, and by order and law. It is through entrepreneurial alertness of the role and nature of knowledge that higher forms of justice and unity unfold, engendering an ever-advancing civilization. As far as I can tell it is the basis of the economics of the future.

Laissez-faire Has A Pure Form And Origin.

If you ponder things one of your discoveries will be that most everything has a pure form and then there are all of the various tainted forms or derivations. For example, consider water. Even drinkable water may not be technically pure but it is pure enough and it is purer than parking lot runoff.

The use of the term laissez-faire sometimes - 'very often' is more precise - is tainted by politics and the meaning becomes murky. This misuse and deliberate power-snatching associated with the term laissez-faire is very evident in the book by Murray Rothbard, The Betrayal of the American Right.

Honoring our ability to independently investigate the truth necessitates a more thorough exploration of the history of economic thought to see the context of laissez-faire during the periods of history when it was discovered. These were different times. Its discovery was a classic cause and effect observation. When the State intervened, the flow (the naturally occurring flow that can best be described as an ever-advancing civilization) was disrupted. Therefore a 'hands off' and a 'do not meddle' concept of economic science referred to as laissez-faire came into being.

There is a pure form of laissez-faire that also can be found in the history of economic thought but it really did not become crystallized until the emergence of the divine economy theory. In fact the divine economy theory is a synonym for the 'pure form of laissez-faire.' According to the divine economy theory all human intervention into the economy is a corruption since the economy is a reflection of the summation of all human action, and all humans are created in the Image of God. Only One Being is Omnipotent enough to know all the actions and all the reactions and that One being is Infinitely Loving, Merciful, and Just.

The pure form of laissez-faire is the divine economy theory and its origin is the creation of humans in the Image of God. The economy is the ways and means for the manifestation and expression of all of the beauty and potentials of humans to become known in this world. Laissez-faire was the term given to the discovery of the inherent power and potency of the economy. Divine economy theory clarifies both the purity and the origin of laissez-faire.

A New Textbook As An Introduction To Divine Economy Theory.

During the process of preparing the Second Edition of DIVINE ECONOMY And Its Real World Economic Principles I have decided to change the format slightly so that it can be also be used as an introductory textbook. The slight changes in format include: a glossary, a concise index, and suggested exercises.

The book can serve well as an introduction to economics since it puts into context the following economic principles: price theory, marginal utility, imperfect knowledge, profit and loss, economic calculation. prices of higher order goods, disutility of labor, competitive theory, division of labor, medium of exchange, time preference, pure rate of interest, savings, monetary theory, entrepreneurship, risk, disequilibrium, willingness to work, leisure, productivity, comparative advantage, capital goods and capital, capital theory, capital structure spectrum, capital in conceptual time and historical time, subjective valuation, consumer sovereignty, purchasing power of money, contracts, and standard of living.

The book also (and uniquely) serves well as an introduction to divine economy theory since it lays out the Divine Economy Model ©. The Second Edition also incorporates into the divine economy theory the concept of production possibilities frontiers in ways never before done. These not only offer plenty of opportunities for 'suggested exercises' but also shed additional light on the consequences of economic policy.

These format changes that make the Second Edition a useful introductory textbook are subtle and will not distract the reader who is reading it for the content rather than as a student. The versatility and groundbreaking nature of this book should make the Second Edition the go to reference for students and seekers after economic knowledge alike.

(A new 2nd Edition will come out at the end of 2007.)

The Difference Between A Politician And A Statesman.

Universally (that is, it is a common characteristic worldwide) there are many differences between what a politician is and does and what a statesman is and does. Not only are there many differences but the differences are very significant.

Why then are most people not disturbed by these differences? The answer: there are no statesmen (actually there is one in the United States - Congressman Ron Paul). It is difficult to perceive differences when there is nothing to contrast against.

The system that creates politicians and which looks a little different in each and every country is interventionism. Interventionism is a spectrum of socialism and it includes democracies. There is no high ground for democracies over socialism since they are just different types of interventionism and interventionism is the corrupt system that creates and favors politicians.

Politicians are more accurately described as ego-driven interventionists. They have a time horizon (it varies worldwide depending on term limits) to make their mark, whether that mark is to enrich themselves and their constituents or whether that mark is to adorn the world with their grandiose ego-driven schemes. Regardless, this is the corrupt fruit of interventionism.

The difference between the politician and the statesman has to do with the time horizon and who is being served. The statesman views himself or herself as a steward of that region of the world with a view towards perpetuity. The politician intervenes to direct resources in the direction of particular favored ones as quickly as possible.

The fact that interventionism has become so pervasive that there is no noticeable alternative is alarming but not surprising. Interventionism as a system is a one-way road to serfdom. It becomes more pervasive and oppressive the further you go down the road.

The exciting part of this story is that there is still alive the seeds of statesmanship, of good stewardship. Equally exciting is the fact that these seeds are accessible to everyone because of the internet. If the seeds germinate in enough minds and hearts then David can slay Goliath!

Environmentalism And The Divine Economy Theory - #2.

Let us assume one of two things:

1. We are in a natural warming cycle of the planet Earth, similar to ones that have occurred many times before in the ancient history of our planet, or
2. We are in a warming cycle of the planet primarily caused by excessive human exploitation of the Earth's resources.

Who is the principal beneficiary of the second viewpoint: 'a warming cycle of the planet primarily caused by excessive human exploitation of the Earth's resources?' Look at how the 'problem' is solved to see where the vested interests lie. Unquestionably mandates and regulations are under the control of the interventionists! How convenient!

This intervention at the global scale and at the national scale does not allow for solutions at the local level. First of all if this 'viewpoint' (#2) is not correct then the negative consequences on humans around the globe are imposed in a centralized and bureaucratic manner and intolerate of opposing viewpoints. A more decentralized and localized approach permits the testing of all viewpoints without the large scale consequences.

The interventionists are diametrically opposed to the laws and order of the divine economy theory because all intervention is identified as small-minded and unjust. They cannot imagine a world without their controlling designs.

Even if we ignore the skepticism of over 50% of meteorological scientists (well over 50% are skeptical of man-made global warming) the appropriate solution would be to allow communities to choose their solutions. The communities that choose liberty and well defined property rights will be in harmony with the planet as described by the following appellation: good steward. And these communities will become magnets, attracting attention and leading to emulation.

Of course the challenge of allowing communities to choose liberty and well defined property rights does not only apply to environmental issues but all issues. All of a sudden the house of cards built by the interventionists begins to shake and crumble. Their grip slips and they become exposed as exploiters.

Surely environmentalists love humanity too! Why can you clearly see exploiters of the Earth yet you are blind to the exploiters of humankind? Why are you intolerant of the corruption of pollution while at the same time you nestle up next to the corruption of the ego-driven interventionists?

Production Possibilities Frontier and the Divine Economy Theory!

Currently I am writing the 'Second Edition' of my first book, 'DIVINE ECONOMY And Its Real World Economic Principles.' In addition to improving the writing style and in addition to more thoroughly describing the real world economic principles as they relate to the Divine Economy Model © I also am adding a new chapter.

The new chapter uses production possibilities frontiers to further demonstrate the power of the divine economy theory and of the Divine Economy Model ©, and it also connects even more tightly the divine economy theory to contemporary economic theory.

One of the reasons this is significant is because, in many respects, there is not much difference between the two. The transition from contemporary economic theory to the divine economy theory is fairly easy once the basis of the divine economy theory is accepted, that is, once the economy is seen as infinitely complex and only comprehensible to the Omnipotent and Omniscient God. Trusting in the grace and mercy and justice of God is the natural next step and then the two theories, contemporary economic theory and divine economy theory, are more similar than different.

Economic Equations In The Divine Economy Theory! (Part Two)

On June 24, 2007, I presented the first set of equations - to explain the divine economy theory in an encrypted manner.

This time I will show how the divine economy theory differs from classical liberalism as it is often portrayed by contemporary economists and philosophers of the classical liberalism persuasion:

• DE = CL - Ath + TnG

Here is the descriptive counterpart:

• The divine economy is the same as classical liberalism except minus atheism and plus it firmly rests upon the trust in God.

I argue that the development of classical liberalism from the the very beginning is also part of the parallel development of the divine economy theory. At some points in history the discovery of a concept or principle was perfectly compatible to both classical liberalism and the divine economy theory and so the history of thought of both shared that discovery.

Environmentalism And The Divine Economy Theory - #1.

Let us assume one of two things:

1. We are in a natural warming cycle of the planet Earth, similar to ones that have occurred many times before in the ancient history of our planet, or
2. We are in a warming cycle of the planet primarily caused by excessive human exploitation of the Earth's resources.

The stance of the 'environmental movement' is the second of these two. Although I am not 100% sure this is correct I do know that the blame is pointed in the wrong direction.

First of all it is naive to think that there are not demagogues who will find ways to benefit by promoting themselves as friends of the environment.

Second, why have the 'environmentalists' swallowed 'hook-line-and-sinker' the propaganda that the government is the friend of the environment? Despite all of the fictitious portrayals of 'champions' (referred to as public servants) and fictitious renderings of historical events it is not difficult to see how ownership is far, far greater an incentive to take care of something than the incentives of 'communism.'

Third, who is responsible for the 'forced development' that is happening all over the world? What happens when governments choose fiat currencies so they can artificially stimulate 'growth' to achieve political goals?

Why are the ego-driven interventionists not identified as the cause of the distortions that lead to excessive human exploitation of the Earth's resources?

Is the environmental movement either:

1. Ignorant of cause and effect - meaning - ignorant of how the economy is being manipulated by the interventionists in such a manner so as to create ecologically unsound consequences?, or
2. A tool of the ego-driven demagogues, or
3. Financed directly or indirectly by the interventionists (ie, government funded research) and thereby beholden to the interventionists. Will the dog bite the hand that feeds it? Shame on you if you call your conclusions scientific!

If there is an ecological and environmental crisis looming it is because of the interventionists and all of the distortions caused by their intervention in the economy. That is the true cause.

If the energy of those involved in the environmental movement is directed towards stopping intervention then results will come quickly and the ethics of their efforts will ring true.

Divine Economy Theory Is The Start Of An Ideological Shift.

There are times when small incremental changes contribute to the advancement of science. In fact, most of the time that is how it happens. Every once in a while the change is more weighty.

One analogy to ponder is the gradual advancement of each day, with the Sun changing positions as the day progresses. This gradual change during the day is not comparable to the dawn of the day, where darkness is changed to light!

The small cumulative advancements in science are noble and important but the magnitude of the change is not so great as to cause an ideological shift. Just like the dawn marks the beginning of a whole new sequence of changes, an epoch making discovery brings about an ideological shift.

The divine economy theory is that revolutionary! It is built on the solid foundation of classical liberalism but it takes economic science into the hitherto uncharted realms of the discipline.

I realize that these assertions are bold but the body of work is substantial and readily available for your investigation. Please feel welcome to correspond with me about any questions or comments that you might have.