Saturday, December 30, 2006

Divine Economy Theory Serves Rich And Poor Nations.

It is the remedy of economic woes towards which both rich and poor nations aspire. The divine economy theory identifies the malady as interventionism.

The remedy is simply and clearly implied in the divine economy theory - which recognizes that the equilibrating tendency and power of the economy is part of a divine institution that exists because human beings exist. The economy is that divine institution, and it emanates from purposeful human action by human beings who are created in God's Image and who are all a part of the same human family.

Poor nations can best progress in a milieu of private enterprise and investment that is free from the corruption of human intervention. Domestic and foreign investment provide the transformative element necessary for advancement.

Rich nations have all of the vital economic elements present but suffer in direct proportion to the corrupt extractions and manipulations of the interventionists. The only necessary condition for these countries that are already blessed with ample resources or with the presence of all of the economic elements is the exercise of a free economy. This is an economy that handles all the complex adjustments and interrelations by means of the market process. The market process, which is actually the means of communication in the economy, is driven by the equilibrium forces.

The equilibrium forces are what allows the grace of God to reach every human. Intervention into the economy disrupts the flow of the grace of God. The lack of understanding about the divine economy theory and the lack of trust in God is the reason the interventionists take action. But, according to the divine economy theory, every act of intervention is an act of injustice!

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Friday, December 08, 2006

Divine Economy Theory Uses Gold As A Tool.

Empirical economists use 'ceteris paribus' as a tool, in an attempt to examine the economy in a specific way and to ponder cause and effect. Apart from the issue of the appropriateness of the empirical method to economics, it is clear that part of scientific exploration is having tools that improve discernment.

In the divine economy theory gold is used as a tool. Gold is very valuable as a tool for economic analysis. It makes the examination of the flows taking place in the economy much clearer. Monumentally, it neutralizes all of the effects of currency exchange rates. It makes the movement of resources in international trade easier to follow and it preserves both the identity of the medium of exchange and its value as a resource.

Gold, as a tool, illuminates the understanding of those striving for a better understanding of economic science in all of these vital areas: trade, exchange rates, economic value, and capital flow. Economists who ignore this tool and rather employ ceteris parabis are choosing fantasy over reality. If you look at the bulk of contemporary economic literature you will see that gold is cast aside. This is a good indication that economic science needs a rebirth.

The use of gold as a tool is actually a rebirth because it was used in the classical liberalism tradition, since at least the sixteenth century. The divine economy theory clears away the old, decrepit practices of contemporary economists and allows the rebirth to occur.

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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/

Monday, December 04, 2006

War/Interventionism vs. Peace/Divine Economy Theory

The stakes are higher than most people care to consider. Since interventionism is a source of corruption it causes conflict. Somewhere, as a result of intervention, there is an outcome that takes on the form of an injustice. As the intervention extends deeper (often in an attempt to correct the injustices generated by earlier intervention) the sense of injustice grows and expands. Directly proportional to the degree of power yielded by the seat of the interventionist is the degree of injustice heaped upon the recipients. This is possibly felt worldwide if the seat of power has worldwide influence. Even if more confined, say to a region or between just two countries, interventionism is guaranteed to cause disunity.

The short of it is that interventionism breeds conflict and is very often, directly or indirectly, the cause of war. These are high stakes to pay for archaic economics. It is not worth the death and suffering. It is not worth the corruption and injustice that continually grows under the deliberate watch of the interventionists.

The divine economy theory clearly demonstrates why interventionism causes conflict and it also addresses the issue of economic methodology. Once the subjectivist methodology of classical liberalism is used, the science of economics can be used to examine all of the various means to see which ones serve mankind with justice and which ones don't.

Peace is the outcome of an economy that follows the principles discovered in the classical liberalism tradition and which now is further advanced by the divine economy theory. Once people feel that they are surrounded by liberty and justice they will not be in conflict.

Emasculating interventionism is a vital step in advancing justice, bringing about peace, eliminating economic ignorance, and laying the foundation for prosperity.

Follow me on Twitter @DivineEconomy

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/