Tuesday, March 27, 2007

Divine Economy Theory Labels Inflation As Embezzlement.

First let's look at the definition of embezzlement: 1. misuse of entrusted money or property; 2. to take for personal use money or property that has been given on trust by others, without their knowledge or permission. If you know what truly causes inflation you will see immediately how well this definition applies.

When money is used the assumption is that it has the value of its denomination. All over the world governments have taken over their respective currencies and redefined them . Initially all money was defined in terms of a certain weight of gold or silver. Eventually each of the various governments declared some fiat currency as their legal tender.

At that point it is the government that is wholly responsible for the maintenance of the value. By law no one else is responsible. If there is a misuse of the monetary unit that takes away its value we know exactly who is to blame - the entity that is supposed to safeguard the legal tender.

In a divine economy it is the market process that safeguards the medium of exchange and so there is no need for legal tender declarations. In a hampered economy the intervening entity is wholly responsible for protecting its declared currency unit.

We all know that to simply print money and release it to others is called counterfeiting. This is unlawful because it is just like stealing. Instead of paying for a good with money received from a productive activity, counterfeiting is printing money and taking goods and services in exchange for something that is worthless.

By definition inflation is embezzlement. Property - goods and services produced - are taken in exchange for counterfeited money that has been given to others, without their knowledge or permission.

What we see happening in the corrupted economy is counterfeiting and embezzlement. Can an economy that runs like this be considered as anything other than corrupt?

In a divine economy there is no justification for any interference from the ego-driven interventionists. In the time of transition to the divine economy the interventionists will be sought after and punished for their criminal acts of counterfeiting and embezzlement. Then, through education, the divine economy theory will become common knowledge. Then at last, the economy will be freed from the ego-driven interventions.

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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/

Sunday, March 18, 2007

Divine Economy Theory Examines Validity.

The criteria used in religion to recognize truth from falsehood is to examine the fruits. 'Know them by their fruits' is a metaphorical way of stating that reason will be useful in determining what is valid and what is invalid.

I do not see anyone objecting to this approach. It is a valid approach whether it is used to examine religion or anything else. I will use it to examine the use of empiricism in the social sciences. I will only do a cursory examination here since I am in the middle of writing my third book. My time for blogging is minimal.

Empiricism cannot allow humans to make decisions subjectively nor can it allow values to be ordinal. Neither of these fit into the empirical models.

Can it be considered a good fruit if the methodology changes real things into imaginary things? No.

Therefore I declare that trying to apply empiricism to the human sciences fits in the category of falsehood.

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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/

Wednesday, March 14, 2007

The Fruits of the Divine Economy Theory - #1

This is a new series that I will occasionally return to with examples of solid contributions to the advancement of human understanding.

The first fruit has to do with the soundness of its roots. The same concepts that are now in a refined form - as the divine economy theory - existed more than a thousand years ago. The form that existed in the past had a tightly interwoven fabric of natural law, ethics, religion, logic and philosophy. These were all a part of science.

Divine economy theory brings all of these back together since it is impossible to separate them and still be - realistically - trying to understand the human reality. This harmony of science and religion is one of the fruits of the divine economy theory.

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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/

Tuesday, March 06, 2007

An Economics Definition Challenge! Try your definition.

Who can give the simplest definition of the economy (and then also give a few explanatory lines)? Can anyone define the economy in fewer than three words? Can anyone define the economy in three words other than these:

People desire things!

How complete is this definition? At the basic level it identifies that the economy is a human institution (people) which serves to bring together demand (desire) and supply (things). In other words this definition encompasses human action, demand, and supply.

How does it fit with the definition of the divine economy? People are human beings created 'in His Image' and they have both material and ideal needs. The things that supply that need can be material or ideal.

According to the divine economy theory the economy is both a human institution and a divine institution. Human advancement at this point in human history depends on the degree of the transition of thought (to the divine economy theory) and of practice to this newly expounded upon reality - the divine economy.

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/