Are you tired of all of the nonsense?
Here is a clear and concise list of economic policies that will transform all of the societies of our precious and unique world civilization (nowhere else in the universe is there such a creation) into places that are diverse, peaceful and prosperous.
Policy #1. Well
Defined and Continually Refined Property Rights
Policy Statement: A rational and just policy would be to develop laws that
specifically define, refine, and protect property rights in terms such that
they are treated and considered as basic human rights.
Policy #2. The Right
of Secession
Policy Statement: A
rational policy would be to develop law in such a way that a jurisdiction would
not have to accept any intervention that a larger jurisdiction tried to impose
upon its economy.
Policy #3. Market
Forces Will Moderate Business Sizes
Policy Statement: A
rational and just policy would be to remove the institutionalized barriers that
prevent property rights from being protected, and to remove the special
privileges that artificially protect any entity from the equilibrating forces
of the divine economy.
Policy #4. Enforcement
of Property Rights
Policy Statement: A
rational policy would be to initially begin enforcing property rights at the
level of the individual, and then to learn how best to refine property rights
from these efforts. Each community has this right and responsibility. The role
of government is simply to protect its citizens from fraud or acts of violence
by enforcing property rights.
Policy #5. Education
About Entrepreneurship
Policy Statement: A
rational policy would be to encourage all providers of education to acknowledge
the role of entrepreneurship in advancing prosperity and to teach any and all
skills that help to make people discerning and alert.
Policy #6. War and
Inflation Violate Property Rights
Policy Statement: War and
its exorbitant costs and its destruction, and inflation of the money supply by
the central bank, are unacceptable violations of property rights and those who
try to impose either of these should be held accountable by legal means.
Authority to take these actions needs to be specifically assigned so that there
is specific and definite accountability.
The legal
liability for such acts needs to take precedence over the act itself. The
government-created veils of self-protection and inculpability need to be
removed so that property rights can be protected.
Policy #7. Gold Passes
the Market Test
Policy Statement: Clear the
banking system of all of its barriers and restrictions — these are acts of
intervention designed to control the economy and direct wealth towards the
favored ones of the ego-driven interventionists — and let the market process
determine if the current system is a viable one or not. Legal tender laws are
unnecessary in a divine economy where the medium of exchange is universally
recognized simply because of its independence from monetary intervention along
with its other merits.
Policy #8. Counteract
the Misinformation About Capital
Policy Statement: Encourage
providers of education to recognize that every improvement an individual makes
— their education, for example — is a form of capital. Then instead of
spreading negative impressions about capital the education system will
compliment itself for being a contributor to capital formation around the world
and will empower the next generation with knowledge about this factor —
capital. This is a significant contribution to an ever-advancing civilization
since capital is the most limiting factor in the economy.
Policy #9. New Capital
is a Good Start
Policy Statement: Recognize
that having secure property rights leads to savings and then to new capital
which then begins the advancement towards prosperity.
Policy #10.
International Free Trade
Policy Statement: All trade
barriers interfere with the divine economy and cause unnecessary suffering.
‘Free trade’ agreements are really acts of intervention and therefore are a
misnomer. Free trade, in reality, is action not words and it will occur
automatically if the ego-driven interventionists are removed from the picture.
Policy #11. Minimal Taxation
Policy Statement: Since under most circumstances taxation is a deterrent to private
production and employment there is no sound economic reason to generate tax
revenue to support a government beyond its purpose. The purpose of government
is to protect life and liberty.
The Overarching Policy – The Moral Authority of the Divine
Economy
To
quote Ludwig von Mises: ‘The first condition for the establishment of perpetual
peace is the general adoption of the principles of laissez-faire capitalism.’[16]
I would like to modify his
recommendation slightly. First, we can rest assured that the prosperity of an
ever-advancing civilization emanates from the divine economy. Second, we can
trust in the equilibrating power of the divine economy. Third, we can trust in
the divine justice that comes from protecting property rights and that comes
from recognizing that property rights are human rights.
Those
who fail to admit their own limitations and then expect others to believe their
assertions that they can comprehend all that is going on in the economy —
thereby giving them the right to interfere — these are the ones who are now
without authority. It matters not what position of influence one holds or what
degree one has or what record of publication one has. There is no human act of
intervention in the economy that is not feeble-minded when compared with the
omnipotent and omnipresent nature of God.
All
interference with the economy is necessarily ego-driven; and it lacks moral
authority. The economy is a divine institution in the domain of human action
and all human action emanates from the human operating system, which is divine
— created in the image of God.
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If you know of anyone interested in ethics and
economics,
or liberty and justice, please send them this
link:
http://bruce-koerber.squarespace.com
