Divine Economy Theory Implies Ethics.

The difference between divine economy theory and contemporary economic theory is clear in a number of critical ways. These differences are not reconcilable and so contemporary economic theory needs to be discarded since its irrelevance and corruptability has been exposed.

Contemporary economics applies moral relativism, at best, when confronted with the issue of ethics. Whereas divine economy theory traces its ethical basis all the way back to Supreme Ethicists and unequivocally declares that economics and ethics are inseparable.

Because contemporary economics separates ethics from economics and because moral relativism is its firmest foundation there is nothing in place to protect it from corruption. To give one example, there is no moral outcry among economists when money is taken from people and given to others. It is done as a distribution and those who make those decisions are protected by the cloak of moral relativism.

The divine economy theory makes no exception for any act of theft. Taking the property (including income) of someone else is theft and if it is done by the State it is still an act of crime. In fact in the divine economy theory it is the State that is identified as the chief instigator of theft.

Since our desire is to live peacefully without the baneful effects of corruption we have to rely on ethical teachings that are universal and attributed to the Supreme Ethicists Who were sent to guide humanity. Thank God, divine economy theory includes and is derived from such an ethical foundation.

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Late Scholastics Provided The Divine Economy Theory Radicle.

Think of the difference between a seed and its radicle, its newly emerging root. If the seed is viable and its germination process is activated the radicle becomes critical to its survival.

So it was with classical liberalism and the divine economy theory and, as it turns out, the ethics of the divine economy theory.

In our metaphor of the seed radicle, the seed can be considered Aristotelean and the germination process can be considered Thomist. It was then the late Scholastics who were like the radicle which anchored the theory to the real world and made it able to withstand the storms. The storms were and are all the forces associated with incorrect economic methodologies and the corrupted motives of the ego-driven interventionists.

Now is the time of the beginning of maturation and the resulting fruit will be the divine economy theory. The early stages of fruit development are now in process. You are reading about these early stages when you read my blogs or my books.

As a horticulturist, and an economist in the classical liberalism tradition I will cultivate the fruit - the divine economy theory - and strive to make it as sweet and nutritious and pest-free as possible. In the future other divine economy theorists will continue this service and the result will be prosperity and wealth for everyone.

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/

Divine Economy Theory Eradicates Price Setting.

In a dynamic world it is obviously absurd to impose something that is static. This is what the ego-driven interventionists do and they use whatever credentials they have to justify their acts.

Imagine someone declaring that a certain price is the one that is to be accepted by everyone. Immediately they would face the query: 'Who do you think you are?' Those totalitarian systems that tried to operate in such an arbitrary manner were oppressive and corrupt and crumbled immediately, once the power to oppress weakened.

No one has the right or the authority or the knowledge to set a price. Prices emerge from the market process.

Now consider the institutionalized monstrosity of the central bank. It is focused on setting the price for loanable funds. To achieve this goal - price setting the interest rate - it uses whatever means it can. It doesn't matter if the 'ivory tower' price is merely a guess or that it represents imposing something static on a dynamic world. Despite this error and this injustice the institutionalized monstrosity proceeds.

To summarize the consequences: manipulating the interest rate - by intervention - as a static and known price in a dynamic world; leads to theft of private property, and to overconsumption, and to malinvestment.

It is wholly driven by the egos of the economic elite and the political elite. Elite is the word chosen to describe those with connections to the corrupt system. Economically ignorant is another and more descriptive way to classify the ego-driven interventionists.

Divine economy theory proves that all intervention into the economy is ego-driven and is to be shunned. In a divine economy all prices are dynamic and clearly and efficiently conveyed through the market process. Since the market process includes everyone on the planet it is relatively just and always becoming more just, in sharp contrast to the corruption of interventionism.

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/