Tuesday, November 20, 2007

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!

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/

Sunday, November 11, 2007

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.

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/

Thursday, November 01, 2007

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.

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/