tag:blogger.com,1999:blog-212747842024-03-13T09:55:58.127-07:00Divine Economy ConsultingFree market economics is now advanced by the introduction of a divine economy theory which proves that human intervention into the economy is a corruption; hampering prosperity.Divine Economy Consultinghttp://www.blogger.com/profile/17528813892286596301noreply@blogger.comBlogger205125tag:blogger.com,1999:blog-21274784.post-18796265826273547782014-01-07T18:04:00.001-08:002014-07-21T14:46:57.744-07:00Why The Free Market?<span style="background-color: white; color: #37404e; font-family: 'lucida grande', tahoma, verdana, arial, sans-serif; line-height: 18px;">The free market is the unhampered grace of the economic equilibrium forces. The alternative is the hampering (because of human incomprehension of its infinite nature) of the grace, and all of the consequent injustices and corruption that you see all around you.</span><br />
<span style="background-color: white; color: #37404e; font-family: 'lucida grande', tahoma, verdana, arial, sans-serif; line-height: 18px;"><br /></span>
<span style="color: #37404e; font-family: lucida grande, tahoma, verdana, arial, sans-serif;"><span style="line-height: 18px;">Therefore, unequivocally, all economic intervention is immoral.</span></span><br />
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Check out my new website: <a href="http://bruce-koerber.squarespace.com/api/track/Redirect?url=http://bruce-koerber.squarespace.com/&channel=email&subchannel=trial_member_series&campaign=0&subcampaign=v1&source=default_sitename_text" target="_blank"><span style="background: white; color: #1a1a1a;">http://bruce-koerber.squarespace.com</span></a>Divine Economy Consultinghttp://www.blogger.com/profile/17528813892286596301noreply@blogger.com0tag:blogger.com,1999:blog-21274784.post-44484384518927494592013-08-08T16:09:00.000-07:002014-07-21T14:46:57.795-07:00The Overarching Policy – The Moral Authority of the Divine Economy<span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-bidi-font-weight: bold; mso-fareast-font-family: "Times New Roman";"><strong>To quote
Ludwig von Mises</strong></span><span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-fareast-font-family: "Times New Roman";">: ‘The first condition for the
establishment of perpetual peace is the general adoption of the principles of
laissez-faire capitalism.’[<u>16</u>] <o:p></o:p></span><br />
<br />
<div class="MsoNormal" style="line-height: normal; margin: 0in 0in 0pt;">
<span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-fareast-font-family: "Times New Roman";">I would like to modify his
recommendation slightly. <o:p></o:p></span></div>
<br />
<div class="MsoNormal" style="line-height: normal; margin: 0in 0in 0pt 48pt; mso-list: l0 level1 lfo1; mso-margin-top-alt: auto; tab-stops: list .5in; text-indent: -0.25in;">
<span style="font-family: Symbol; font-size: 10pt; mso-bidi-font-family: Symbol; mso-bidi-font-size: 12.0pt; mso-fareast-font-family: Symbol;"><span style="mso-list: Ignore;">·<span style="font-size-adjust: none; font-stretch: normal; font: 7pt/normal "Times New Roman";"> </span></span></span><span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-fareast-font-family: "Times New Roman";">First, we can rest assured that the prosperity of an
ever-advancing civilization emanates from the divine economy. <o:p></o:p></span></div>
<br />
<div class="MsoNormal" style="line-height: normal; margin: 0in 0in 0pt 48pt; mso-list: l0 level1 lfo1; mso-margin-top-alt: auto; tab-stops: list .5in; text-indent: -0.25in;">
<span style="font-family: Symbol; font-size: 10pt; mso-bidi-font-family: Symbol; mso-bidi-font-size: 12.0pt; mso-fareast-font-family: Symbol;"><span style="mso-list: Ignore;">·<span style="font-size-adjust: none; font-stretch: normal; font: 7pt/normal "Times New Roman";"> </span></span></span><span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-fareast-font-family: "Times New Roman";">Second, we can trust in the equilibrating power of the
divine economy. <o:p></o:p></span></div>
<br />
<div class="MsoNormal" style="line-height: normal; margin: 0in 0in 0pt 48pt; mso-list: l0 level1 lfo1; mso-margin-top-alt: auto; tab-stops: list .5in; text-indent: -0.25in;">
<span style="font-family: Symbol; font-size: 10pt; mso-bidi-font-family: Symbol; mso-bidi-font-size: 12.0pt; mso-fareast-font-family: Symbol;"><span style="mso-list: Ignore;">·<span style="font-size-adjust: none; font-stretch: normal; font: 7pt/normal "Times New Roman";"> </span></span></span><span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-fareast-font-family: "Times New Roman";">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.<o:p></o:p></span></div>
<br />
<div class="MsoNormal" style="line-height: normal; margin: 0in 0in 0pt; mso-margin-top-alt: auto;">
<span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-fareast-font-family: "Times New Roman";"><o:p> </o:p></span><span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-fareast-font-family: "Times New Roman";">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 themselves 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 infinitely dynamic and
ever-pervading market processes which happen to be intricately connected to
each and every subjectively-perceiving and acting human being. All interference
with the economy is necessarily ego-driven; and it lacks moral authority. <o:p></o:p></span></div>
<br />
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<span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 14.0pt;">Policies that
convert latent entrepreneurship into active entrepreneurship and policies that
encourage alertness and discernment expand the overall potential of
entrepreneurship in the minds of all. When market information is free from the
distortion caused by intervention it is then that the divine economy is in a
charged state releasing an increased power of human creativity. <o:p></o:p></span></div>
<br />
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<span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 14.0pt;">Policies
that are conducive to building a link between capital and entrepreneurship
complete the transformation implied and described by the recurring designation
‘Ever-Advancing Civilization.’<o:p></o:p></span></div>
<br />
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<span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 14.0pt;">Policies
that foster the <u>nature and role of knowledge</u> in the individual and in
the market carry forward an ever-advancing civilization. Implied in the ‘nature
of knowledge’ is the refinement and progress of human learning. And implied in
the ‘role of knowledge’ is economic communication by the means of market prices
and voluntary worldwide trade. </span><span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></div>
<br />
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<span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 14.0pt;">Policies
that promote justice and unity universally stem from the preservation of both
the nature and the role of knowledge; that is, preservation and protection from
those who have ego-driven motives. It is the ego-driven who try to interfere
with the nature of knowledge since they are the ones who benefit from the
existence of prejudices, superstitions, and ignorance. Likewise it is the
ego-driven who try to manipulate the economy through intervention, all for the
purpose of benefiting themselves directly or indirectly.<o:p></o:p></span></div>
<br />
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<span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 14.0pt;">Each of the
following eleven simple policies fall within the overarching policy of the moral
authority of the divine economy and will effectively promote an ever-advancing
civilization in various ways. All of them also compliment each other. Of keen
interest is the fact that all of these policies represent positive changes that
have been brought to the forefront of our attention by the divine economy
theory.<o:p></o:p></span></div>
<br />
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<u><span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-bidi-font-weight: bold; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 14.0pt;"><strong>The Eleven Simple Policies</strong></span></u><span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 14.0pt;"><o:p></o:p></span></div>
<br />
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<span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 14.0pt;">1.
Well-defined and continually refined property rights<o:p></o:p></span></div>
<br />
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<span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 14.0pt;">2. The right
of secession<o:p></o:p></span></div>
<br />
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<span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 14.0pt;">3. Market
forces will moderate business sizes<o:p></o:p></span></div>
<br />
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<span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 14.0pt;">4.
Enforcement of property rights<o:p></o:p></span></div>
<br />
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<span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 14.0pt;">5. Education
about entrepreneurship<o:p></o:p></span></div>
<br />
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<span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 14.0pt;">6. War and
inflation violate property rights<o:p></o:p></span></div>
<br />
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<span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 14.0pt;">7. Gold
passes the market test<o:p></o:p></span></div>
<br />
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<span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 14.0pt;">8.
Counteract the misinformation about capital<o:p></o:p></span></div>
<br />
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<span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 14.0pt;">9. New
capital is a good start<o:p></o:p></span></div>
<br />
<div class="MsoNormal" style="line-height: normal; margin: 0in 0in 0pt;">
<span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 14.0pt;">10.
International free trade<o:p></o:p></span></div>
<br />
<div class="MsoNormal" style="line-height: normal; margin: 0in 0in 0pt;">
<span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 14.0pt;">11. Minimal
taxation<o:p></o:p></span></div>
<br />
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<span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 14.0pt;">There is no
macroeconomic theory that is more specific in its policy. Nor is there a
macroeconomic theory that is as well-grounded in both theory and in the
classical liberalism tradition as is the divine economy theory. <o:p></o:p></span></div>
<br />
<div class="MsoNormal" style="line-height: normal; margin: 0in 0in 0pt;">
<span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 14.0pt;">This then
represents a challenge to all economic theorists. Is there a better theory,
more cohesive, more succinct, more clear, more doable? The answer is
"No".<o:p></o:p></span></div>
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Divine Economy Consultinghttp://www.blogger.com/profile/17528813892286596301noreply@blogger.com0tag:blogger.com,1999:blog-21274784.post-78413411576723039712013-08-01T19:59:00.000-07:002014-07-21T14:46:57.842-07:00Defining And Refining Macroeconomic Terminology.<span style="font-size: 12pt;">Active Entrepreneurship: A
state of alertness where opportunities are easily discerned to be acted upon.<o:p></o:p></span><br />
<br />
<div class="MsoNormal" style="margin: 0in 0in 0pt;">
<span style="font-size: 12pt;">Capital: The financial
resources which are necessary for the production of most current goods and all
future goods.<o:p></o:p></span></div>
<span style="font-size: 12pt;"></span><br />
<span style="font-size: 12pt;">Disequilibrium: The real
economic condition that exists in the world because of uncertainty and
imperfect knowledge.<o:p></o:p></span><br />
<span style="font-size: 12pt;"></span><br />
<span style="font-size: 12pt;">Disutility of Labor: Of the
three qualities of the human reality — physical, intellectual, and spiritual — humans
least prefer to occupy themselves with physical labor.<o:p></o:p></span><br />
<span style="font-size: 12pt;"></span><br />
<span style="font-size: 12pt;">Divine Economy: The
equilibrium force that is at the center of the divine institution — the economy
— that has been bestowed upon humankind by God.<o:p></o:p></span><br />
<span style="font-size: 12pt;"></span><br />
<span style="font-size: 12pt;">Divine Economy Model: A
subjectivist model that describes the economy in the following terms: human
spirit, transformation, law, order, purposeful action, capital structure,
market, property rights, justice, and unity.<o:p></o:p></span><br />
<span style="font-size: 12pt;"></span><br />
<span style="font-size: 12pt;">Divine Economy Theory: The
theory that uses the subjectivist methodology to explore how the human identity
of being created in the ‘image of God’ helps us to understand how the economy
works.<o:p></o:p></span><br />
<span style="font-size: 12pt;"></span><br />
<span style="font-size: 12pt;">Division of labor: Since
every human being is unique, as they pursue their goals there is the potential
that they will make a unique contribution to production.<o:p></o:p></span><br />
<span style="font-size: 12pt;"></span><br />
<span style="font-size: 12pt;">Empiricism: The use of data
rather than theory to explain things.<o:p></o:p></span><br />
<span style="font-size: 12pt;"></span><br />
<span style="font-size: 12pt;">Equilibrium: The tendency
towards balance and harmony.<o:p></o:p></span><br />
<span style="font-size: 12pt;"></span><br />
<span style="font-size: 12pt;">Ever-advancing civilization:
Humans, individually and as a whole, always aspire towards and potentially
achieve greater perfections.<o:p></o:p></span><br />
<span style="font-size: 12pt;"></span><br />
<span style="font-size: 12pt;">Hampered Economy: This is an
economy where acts of intervention interfere with the equilibrium forces.<o:p></o:p></span><br />
<span style="font-size: 12pt;"></span><br />
<span style="font-size: 12pt;">Human Operating System: All
of the inherent human faculties that serve as the means to fulfill our human
purpose, which ultimately is to know and love God. <o:p></o:p></span><br />
<span style="font-size: 12pt;"></span><br />
<span style="font-size: 12pt;">Inflation: Artificial
expansion of the money supply.<o:p></o:p></span><br />
<span style="font-size: 12pt;"></span><br />
<span style="font-size: 12pt;">Intervention: Imposition of
finite human acts of control onto an infinite and divine system. <o:p></o:p></span><br />
<span style="font-size: 12pt;"></span><br />
<span style="font-size: 12pt;">Laissez-faire: An economic
philosophy based on the insight that the economy works best when there is no
intervention.<o:p></o:p></span><br />
<span style="font-size: 12pt;"></span><br />
<span style="font-size: 12pt;">Latent Entrepreneurship: A
state of potential unachieved due to discernment dormancy.<o:p></o:p></span><br />
<span style="font-size: 12pt;"></span><br />
<span style="font-size: 12pt;">Leisure: The desire to
satisfy one’s highest valued physical, intellectual, or spiritual aspiration
instead of working.<o:p></o:p></span><br />
<span style="font-size: 12pt;"></span><br />
<span style="font-size: 12pt;">Macroeconomy: A term used to
indicate that aggregate indicators in the economy are being looked at.<o:p></o:p></span><br />
<span style="font-size: 12pt;"></span><br />
<span style="font-size: 12pt;">Market: The place and process
where information flows between and among participants.<o:p></o:p></span><br />
<span style="font-size: 12pt;"></span><br />
<span style="font-size: 12pt;">Market Process: A natural and
universal process that functions like a language does to facilitate the making
of exchanges.<o:p></o:p></span><br />
<span style="font-size: 12pt;"></span><br />
<span style="font-size: 12pt;">Production Possibilities
Frontier: A macroeconomic tool using two opposing aggregates to explain the
limits of production.<o:p></o:p></span><br />
<span style="font-size: 12pt;"></span><br />
<span style="font-size: 12pt;">Purchasing Power: A measure
of the value of the medium of exchange in terms of the goods that can be
purchased per unit of money.<o:p></o:p></span><br />
<span style="font-size: 12pt;"></span><br />
<span style="font-size: 12pt;">Savings: The portion of
income set aside for future consumption.<o:p></o:p></span><br />
<span style="font-size: 12pt;"></span><br />
<span style="font-size: 12pt;">Secession: The right to leave
a jurisdictional arrangement in a contractual society.<o:p></o:p></span><br />
<span style="font-size: 12pt;"></span><br />
<span style="font-size: 12pt;">Standard of Living: An
aggregate reference point assessing the degree of well-being and prosperity in
relative terms.<o:p></o:p></span><br />
<span style="font-size: 12pt;"></span><br />
<span style="font-size: 12pt;">Subjectivism: The scientific
approach that recognizes that humans act subjectively, and this then leads to
realistic and relevant scientific discoveries.<o:p></o:p></span><br />
<span style="font-size: 12pt;"></span><br />
<span style="font-size: 12pt;">Taxation: Coercive extraction
of wealth by government.<o:p></o:p></span><br />
<span style="font-size: 12pt;"></span><br />
<span style="font-size: 12pt;">Time Preference: The
universal law of human action that states that people prefer to have a good now
rather than that same good sometime in the future.<o:p></o:p></span><br />
<span style="font-size: 12pt;"></span><br />
<span style="font-size: 12pt;">Unhampered Economy: A synonym
for a laissez-faire economy and a free market economy. It is also the condition
that exists in a divine economy.</span><br />
<span style="font-size: 12pt;"><o:p>
</o:p></span><br />
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<br />Divine Economy Consultinghttp://www.blogger.com/profile/17528813892286596301noreply@blogger.com0tag:blogger.com,1999:blog-21274784.post-40849683659955426732013-07-12T18:50:00.000-07:002014-07-21T14:46:57.785-07:00Minimal Taxation.
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">If you look at the Divine Economy Model © you will notice that taxation does
not appear to be present at all in the model. What this means is that,
theoretically speaking, taxation is not necessarily present in a divine
economy. Taxation is not necessarily absent either. <o:p></o:p></span><br />
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"></span><br />
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">Economics
is the study of the means to obtain the ends chosen. If some type of taxation
is the best means for achieving order in a cooperative society that protects
life and liberty then taxation serves a purpose and it is present.</span><br />
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"></span><br />
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"><o:p>
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">In a
society where property rights are well-defined, and refined, and protected,
taxation will be either minimal or absent. As long as taxation is restrained by
laws that protect and enforce property rights then taxes will be held to a
minimum. The law and order of the divine economy is a reflection of life and
liberty which means that taxes need to be zero or minimal so as not to disrupt
the flow of knowledge inherent in the free market process.</span></o:p></span><br />
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"><o:p><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"></span></o:p></span><br />
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"><o:p><b style="mso-bidi-font-weight: normal;"><span style="font-size: 12pt; line-height: 150%;">Divine Economy Theory Policy #11:</span></b><span style="font-size: 12pt; line-height: 150%;"> 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.</span></o:p></span><br />
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"><o:p><span style="font-size: 12pt; line-height: 150%;"><o:p>
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Divine Economy Consultinghttp://www.blogger.com/profile/17528813892286596301noreply@blogger.com1tag:blogger.com,1999:blog-21274784.post-8520582359579989722013-07-02T18:17:00.000-07:002014-07-21T14:46:57.849-07:00International Free Trade<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">Essentially it is important to recognize that the economy works at all times and it works regardless of scale. The same benefits
that come to an individual when taking part in exchange in the market occur
with trade at the international level. </span><br />
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<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"></span> </div>
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<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">Only international free trade allows the
potential prosperity within the economy to be fully released. Only international division of labor under a
system of secure property rights and free trade brings the resources of the
world to the market efficiently and with justice — for all to enjoy. Artificial and imaginary boundary restrictions are simply interventions that lessen the prosperity that can come from an unhampered economy and these interventions do damage to the advancement of civilization.</span></div>
<br />
<span style="font-size: large;"><span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt; mso-bidi-language: AR-SA; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-US; mso-font-kerning: 14.0pt;"><strong><u>Divine Economy Theory Policy #10</u></strong></span><span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt; mso-bidi-language: AR-SA; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-US; mso-font-kerning: 14.0pt;">: <strong>International Free Trade</strong></span></span><br />
<span style="font-family: "Times New Roman","serif"; font-size: large; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt; mso-bidi-language: AR-SA; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-US; mso-font-kerning: 14.0pt;"></span><br />
<span style="font-family: "Times New Roman","serif"; font-size: large; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt; mso-bidi-language: AR-SA; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-US; mso-font-kerning: 14.0pt;"><strong>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 free trade will occur automatically and naturally if the
ego-driven interventionists are removed from the picture.</strong></span><br />
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<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">In an economy that is undeveloped (although
this principle operates as well in advanced economies) the first steps
taken should be to encourage and nurture capital. Unprotected property rights
are very often the reason people do not save. Any steps that secure property
rights and foster trustworthiness lead to the emergence of new capital. <strong>New
capital advances productivity and then the development process begins.</strong></span><br />
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"><o:p>
<span><strong><span style="mso-tab-count: 1;"><u></u></span></strong></span></o:p></span><br />
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"><o:p><span><span style="font-size: large;"><strong><span style="mso-tab-count: 1;"><u>Divine Economy Theory </u></span><u>Policy #9</u></strong>: <strong>New Capital Is A Good Start</strong></span></span></o:p></span><br />
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<span><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"><strong>Recognize that having secure property rights leads to savings and then to new capital which then begins the advancement towards prosperity.</strong> </span></span><span><o:p></o:p></span></div>
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Divine Economy Consultinghttp://www.blogger.com/profile/17528813892286596301noreply@blogger.com1tag:blogger.com,1999:blog-21274784.post-21297013202977976392013-06-13T18:44:00.000-07:002014-07-21T14:46:57.755-07:00Counteract The Misinformation About Capital.
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">There
is a very difficult educational task ahead to counteract the institutionalized
prejudice against capitalism. Capital has been maligned and misunderstood for
so long that most people feel that capital is not really a part of themselves
— that it is outside of themselves. One goal of the educator will be to help
people to see that every choice or act to improve oneself is capital in process
and capital made manifest. And the improvement made is then an advancement and
the starting point for the next step. <o:p></o:p></span><br />
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"></span><br />
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">Appreciation
of capital, when seen as honoring one’s own progress, will go a long way
towards reversing the poisonous bigotry directed at capital which permeates the
world today.<span style="mso-spacerun: yes;"> </span>The anti-capitalist
mentality is a malady emanating from Marxism, socialism and much of empirical
economics. It stems from a combination of atheism and the adherence to an
incorrect methodology for the social sciences, and it leads to a removal of
capital from its proper place in the human psyche. Our inherent nature — when it is properly educated — declares capital to be a vital part of the human operating system.</span><br />
<b style="mso-bidi-font-weight: normal;"><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"><span style="mso-tab-count: 1;"><span style="font-size: 14pt; line-height: 150%;"><u></u></span></span></span></b><br />
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"><span style="mso-tab-count: 1;"><span style="font-size: 14pt; line-height: 150%;"><strong><u>Divine Economy Theory Policy #8</u>:</strong><span style="mso-spacerun: yes;"> </span><strong>Counteract the Misinformation About Capital<o:p></o:p></strong></span> </span></span><br />
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"><span style="mso-tab-count: 1;"> </span></span><br />
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt;">
<b style="mso-bidi-font-weight: normal;"><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"><span style="mso-tab-count: 1;"></span></span></b><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">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
<strong>since capital is the most limiting factor in the economy</strong>. </span></div>
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Divine Economy Consultinghttp://www.blogger.com/profile/17528813892286596301noreply@blogger.com0tag:blogger.com,1999:blog-21274784.post-13103109424487809992013-05-30T19:26:00.000-07:002014-07-21T14:46:57.731-07:00Gold Passes The Market Test
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">Inflation reduces the purchasing
power of money: and it causes the redistribution of wealth towards the ones
favored by the interventionists. Both of these represent theft of private
property and both are acts of injustice. </span><br />
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"></span><br />
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">The free market chose gold as the
medium of exchange simply because of the following: it optimizes the
characteristics determined in the market to be necessary for a trustworthy
medium of exchange. The ability to strongly prevent dishonest and untrustworthy
acts by the interventionists is certainly one of those characteristics and is a
good reason to return to the gold standard.</span><br />
<br />
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"><o:p><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">Free banking, where banks compete
against each other for the trust of their customers, is almost completely
sufficient to safeguard against fraudulent banking practices. Combined with
refined and enforced property rights it is wholly sufficient. Having a strong
and honest banking system has the advantage of encouraging savings. </span><br />
<br />
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">Free
banking is a very important component of a divine economy since it has the
merits of self-regulation, and since it serves the people by providing a
storehouse for capital. This is in contrast to the current banking practices
which mask the insolvencies of banks and promulgate a system of capital
consumption and wealth redistribution.</span></span> </o:p></span><div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt; mso-outline-level: 1;">
<b style="mso-bidi-font-weight: normal;"><span style="line-height: 150%;"><span style="font-family: Times;"><span style="font-family: "Times New Roman","serif"; font-size: 14pt; mso-ansi-language: EN-US; mso-bidi-language: AR-SA; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-US; mso-font-kerning: 14.0pt;"><u></u></span></span></span></b> </div>
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<b style="mso-bidi-font-weight: normal;"><span style="line-height: 150%;"><span style="font-family: Times;"><span style="font-family: "Times New Roman","serif"; font-size: 14pt; mso-ansi-language: EN-US; mso-bidi-language: AR-SA; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-US; mso-font-kerning: 14.0pt;"><u>Divine Economy Theory Policy #7</u>:<span style="mso-spacerun: yes;"> </span>Gold Passes the Market Test</span></span></span></b></div>
<br />
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<b style="mso-bidi-font-weight: normal;"><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">Policy Statement</span></b><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">: 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. <o:p></o:p></span></div>
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Divine Economy Consultinghttp://www.blogger.com/profile/17528813892286596301noreply@blogger.com0tag:blogger.com,1999:blog-21274784.post-39510528964399596852013-05-28T16:45:00.000-07:002014-07-21T14:46:57.778-07:00War and Inflation Violate Property Rights
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">If people can trust the future they will have
lower time preferences which will amplify the transforming capability of
capital. </span><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">There are
very specific interventions into the economy that strongly influence the level
of trust. If there is a tendency to choose war as the main or even as a viable
alternative to diplomacy then the lessened trust that such an act engenders
atrophies the economy. Or if there is a medium of exchange that can easily be
debased by a central bank (for example, when there is a fiat currency) then the
horizon of the time preference shortens, stifling prosperity. Both of these
acts of intervention — war and inflation by the central bank — violate the
property rights of humanity. <o:p></o:p></span><br />
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"></span><br />
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">Those
things that foster trust and trustworthiness need to be given particular
emphasis as part of the learning process in the education system. The pivotal
nature of property rights needs to be made crystal clear.</span><br />
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"></span><br />
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"><o:p><strong><span style="font-family: Times;"><u>Divine Economy Theory Policy #6:</u> War and Inflation Violate Property Rights</span></strong></o:p></span><br />
<b style="mso-bidi-font-weight: normal;"><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"></span></b><br />
<b style="mso-bidi-font-weight: normal;"><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">Policy Statement</span></b><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">: War and
its exorbitant costs and its associated destructiveness, 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 (war and inflation) needs to be specifically assigned so that there
is specific and definite accountability. <o:p></o:p></span><br />
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"></span><br />
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">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.</span><br />
<br />
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"><o:p><strong><span style="color: #111111; font-size: 10.5pt;">Twitter</span></strong><span style="color: #333333; font-family: "Helvetica","sans-serif"; font-size: 10.5pt;"> </span><a href="https://twitter.com/DivineEconomy"><span style="color: #2777ae; font-family: "Helvetica","sans-serif"; font-size: 10.5pt;">@DivineEconomy</span></a><span style="color: #333333; font-family: "Helvetica","sans-serif"; font-size: 10.5pt;"><o:p></o:p></span><br />
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Divine Economy Consultinghttp://www.blogger.com/profile/17528813892286596301noreply@blogger.com0tag:blogger.com,1999:blog-21274784.post-37254378693420012572013-05-25T08:44:00.000-07:002014-07-21T14:46:57.775-07:00Education About Entrepreneurship<span style="font-family: Times;"><span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt; mso-bidi-language: AR-SA; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-US; mso-font-kerning: 14.0pt;">The purpose of educating people about entrepreneurship
is basically to encourage and foster the acquisition of the skill of
discernment. This comes from learning about the learning process in humans. The
more discernment and alertness there is in the market the more quickly
knowledge will flow and the more quickly will it be acted upon. This leads to
an advancement of the market process and to prosperity. If the market is in an
inefficient condition the solution is to do a better job of educating people about entrepreneurship</span>. </span><br />
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<span style="line-height: 150%; mso-bidi-font-size: 10.0pt;"><span style="font-family: "Times New Roman","serif"; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt; mso-bidi-language: AR-SA; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-US; mso-font-kerning: 14.0pt;"><span style="font-family: "Times New Roman","serif"; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt; mso-bidi-language: AR-SA; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-US; mso-font-kerning: 14.0pt;"></span></span></span> </div>
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<b style="mso-bidi-font-weight: normal;"><span style="line-height: 150%; mso-bidi-font-size: 10.0pt;"><span style="font-family: Times, "Times New Roman", serif;"><u>Divine Economy Theory Policy #5:</u> Education About Entrepreneurship </span></span></b></div>
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<b style="mso-bidi-font-weight: normal;"><span style="line-height: 150%; mso-bidi-font-size: 10.0pt;"><span style="font-family: Times, "Times New Roman", serif;"></span></span></b> </div>
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<span style="font-family: Times, "Times New Roman", serif;"><b style="mso-bidi-font-weight: normal;"><span style="line-height: 150%; mso-bidi-font-size: 10.0pt;">Policy Statement</span></b><span style="line-height: 150%; mso-bidi-font-size: 10.0pt;">: <span style="font-family: "Times New Roman","serif"; font-size: 12pt; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt; mso-bidi-language: AR-SA; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-US; mso-font-kerning: 14.0pt;">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.</span></span></span></div>
<span style="font-family: Times, "Times New Roman", serif;"></span><br />
<span style="line-height: 150%; mso-bidi-font-size: 10.0pt;"><strong><span style="font-family: Times, "Times New Roman", serif;">See this policy in the greater context </span></strong><a href="http://divineeconomyconsulting.blogspot.com/2012/10/the-economic-policy-of-divine-economy.html"><span style="color: red;"><strong><span style="font-family: Times, "Times New Roman", serif;">here</span></strong></span></a><strong><span style="font-family: Times, "Times New Roman", serif;">.</span></strong></span><br />
<span style="font-family: Times, "Times New Roman", serif;"> </span><br />
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Divine Economy Consultinghttp://www.blogger.com/profile/17528813892286596301noreply@blogger.com0tag:blogger.com,1999:blog-21274784.post-42570668606775645452013-05-19T15:04:00.000-07:002014-07-21T14:46:57.790-07:00Enforcement of Property Rights
<span style="line-height: 150%; mso-bidi-font-size: 10.0pt;"><span style="font-family: "Times New Roman","serif"; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt; mso-bidi-language: AR-SA; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-US; mso-font-kerning: 14.0pt;"><span style="font-family: Times, "Times New Roman", serif;">Corollary to having well-defined and refined property rights is the strengthening of the legal system <span style="font-family: "Times New Roman","serif"; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt; mso-bidi-language: AR-SA; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-US; mso-font-kerning: 14.0pt;">such that it can effectively enforce property rights. The best means to protect private property rights is to strengthen the role of private providers since there is often a conflict of interest when the State is involved in protecting private property rights. Both
the definition of property rights and the ability to enforce property rights
are currently very weak, even weaker than they were 100 years ago. </span></span></span></span><br />
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<span style="line-height: 150%; mso-bidi-font-size: 10.0pt;"><span style="font-family: "Times New Roman","serif"; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt; mso-bidi-language: AR-SA; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-US; mso-font-kerning: 14.0pt;"><span style="font-family: "Times New Roman","serif"; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt; mso-bidi-language: AR-SA; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-US; mso-font-kerning: 14.0pt;"><span style="font-family: Times, "Times New Roman", serif;"></span></span></span></span> </div>
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<b style="mso-bidi-font-weight: normal;"><span style="line-height: 150%; mso-bidi-font-size: 10.0pt;"><span style="font-family: Times, "Times New Roman", serif;"><u>Divine Economy Theory Policy #4:</u> Enforcement of Property Rights</span></span></b></div>
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<b style="mso-bidi-font-weight: normal;"><span style="line-height: 150%; mso-bidi-font-size: 10.0pt;"><span style="font-family: Times, "Times New Roman", serif;"></span></span></b> </div>
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<span style="font-family: Times, "Times New Roman", serif;"><b style="mso-bidi-font-weight: normal;"><span style="line-height: 150%; mso-bidi-font-size: 10.0pt;">Policy Statement</span></b><span style="line-height: 150%; mso-bidi-font-size: 10.0pt;">: 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. Within each community this right and
responsibility exists and needs to be given due attention. The proper role of government is to protect its citizens from
fraud or acts of violence by enforcing property rights, however, competition by private providers of legal protection will ensure that the best means of enforcing property rights is always available.</span></span></div>
<span style="font-family: Times, "Times New Roman", serif;">
</span><br />
<span style="line-height: 150%; mso-bidi-font-size: 10.0pt;"><strong><span style="font-family: Times, "Times New Roman", serif;">See this policy in the greater context </span></strong><a href="http://divineeconomyconsulting.blogspot.com/2012/10/the-economic-policy-of-divine-economy.html"><span style="color: red;"><strong><span style="font-family: Times, "Times New Roman", serif;">here</span></strong></span></a><strong><span style="font-family: Times, "Times New Roman", serif;">.</span></strong></span><br /><span style="font-family: Times, "Times New Roman", serif;"> </span><br />
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<span style="color: #333333;"><span style="color: #333333;"><span style="font-family: Times, "Times New Roman", serif;">Follow me on Twitter </span></span><a href="https://twitter.com/divineeconomy"><span style="color: red;"><span style="font-family: Times, "Times New Roman", serif;">@DivineEconomy</span></span></a><span style="color: red;"><o:p></o:p></span></span><br /><span style="color: #333333;"><span style="color: black;"></span><br /><span style="font-family: Times, "Times New Roman", serif;"><span style="color: #333333;">If you know of anyone interested in ethics and economics, </span><br /><span style="color: black;"></span><span style="color: #333333;">or liberty and justice, please send them this link:</span><br /><span style="color: black;"></span></span><a href="http://bruce-koerber.squarespace.com/api/track/Redirect?url=http://bruce-koerber.squarespace.com/&channel=email&subchannel=trial_member_series&campaign=0&subcampaign=v1&source=default_sitename_text" target="_blank"><span style="background: white; color: red;"><span style="font-family: Times, "Times New Roman", serif;">http://bruce-koerber.squarespace.com</span></span></a><span style="color: red;"><o:p></o:p></span></span></div>
Divine Economy Consultinghttp://www.blogger.com/profile/17528813892286596301noreply@blogger.com0tag:blogger.com,1999:blog-21274784.post-89330930021860822072013-04-24T18:46:00.000-07:002014-07-21T14:46:57.858-07:00Hayek's 'Fatal Conceit' Is Explained Much More In The Divine Economy Theory.<span style="font-family: Arial, Helvetica, sans-serif;">One of the things that I find interesting about the general response to some of the terminology in the divine economy theory is a disconnect - in the minds of those who act like the terminology is incomprehensible - with the essence of classical liberalism and Austrian economics in the literature. I am not sure when Hayek first mentioned 'fatal conceit' or if he is the true originator of the term but I am curious about the reaction and response that he got when he laid it out with clarity. Was the new terminology received well?</span><br />
<span style="font-family: Arial;"></span><br />
<span style="font-family: Arial;">Of course Fredrich von Hayek was a renowned scholar and academic which I am sure aided in the acceptance of the idea of 'fatal conceit' but nevertheless during his career Hayek deviated from pure subjectivism. He was a socialist and an empiricist when he read <u>Socialism</u> by Ludwig von Mises and he immediately recognized the fact that interventionism is error-based. His occasional weakness in championing subjectivism may be attributed to his earlier ingrained ideological leanings or maybe it was the consequence of the tendency towards atheism in academia. Humans as unique creatures with the potential to mirror all the virtues or attributes of God is the true essence of their subjective nature, but academia in these - the Dark Ages of economics - has a difficult time permitting such a realization.</span><br />
<span style="font-family: Arial;"></span><br />
<span style="font-family: Arial;">Back to fatal conceit, Hayek lays out the following:</span><br />
<span style="font-family: Arial;"></span><br />
<span style="font-family: Arial, Helvetica, sans-serif;">"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.<span style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: black; display: inline !important; float: none; font-family: sans-serif; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 19.18px; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px;"><span class="Apple-converted-space"> </span>To the naive mind that can conceive of order only as the product of deliberate arrangement, it may seem absurd that in complex conditions order, and adaptation to the unknown, can be achieved more effectively by decentralizing decisions and that a division of authority will actually extend the possibility of overall order.<span class="Apple-converted-space"> </span></span>Yet that decentralization actually leads to more information being taken into account."<span style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: black; display: inline !important; float: none; font-family: sans-serif; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 19.18px; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px;"></span></span><br />
<div style="margin-bottom: 0.1em;">
<span style="font-family: Arial, Helvetica, sans-serif;"><i>The Fatal Conceit : The Errors of Socialism</i><span class="Apple-converted-space"> </span>(1988), p. 76</span></div>
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<span style="font-family: Arial;"></span> </div>
<div style="margin-bottom: 0.1em;">
<span style="font-family: Arial;">The delusion of 'the naïve mind' 'that can conceive of order only as the product of deliberate arrangement' is driven by something. Of course there is ignorance of what reality is like but something drives the possessor of the naïve mind; something that stirs up enough arrogance to presume that a finite mind can comprehend what is relatively infinite and to presume that justice can come from such a puny comprehension. The ego (there is a duality to ego in humans) that blinds a human to his/her own limitations, and at the same time represents a denial of the All-Knowing and All-Merciful God, has always been a part of the dual nature of humans and in Scriptures of old it has been called satan. </span></div>
<div style="margin-bottom: 0.1em;">
<span style="font-family: Arial;"></span> </div>
<div style="margin-bottom: 0.1em;">
<span style="font-family: Arial;">In the divine economy theory fatal conceit is explained more thoroughly. All interventionism is ego-driven and all reasoning used to justify interventionism is ego-driven interpretation.</span></div>
<div style="margin-bottom: 0.1em;">
<span style="font-family: Arial;"></span> </div>
<div style="margin-bottom: 0.1em;">
<span style="font-family: Arial;">Ironically the moral relativism that emerged when classical liberalism was attacked by the State is also responsible for the fallacy that claims that wertfrei requires the separation of science and religion. And so hand-in-hand interventionism and atheism destroy economic science and civilization.</span></div>
<div style="margin-bottom: 0.1em;">
<span style="font-family: Arial;"></span> </div>
<div style="margin-bottom: 0.1em;">
<span style="font-family: Arial;">Ego-driven interventionism and ego-driven interpretation explain in much greater detail the invalidity and the immorality of the fatal conceit. What this means is that if you think that the scientific works of Fredrich von Hayek are important for the cause of liberty then the divine economy theory is at least as important! As a scholar or as a scientist or simply as a subjective human being interested in an greater understanding of human action you do not want to ignore the discoveries uncovered in the divine economy theory.</span></div>
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<strong><span style="color: #111111; font-family: "Helvetica","sans-serif"; font-size: 10.5pt;"></span></strong><br />
<strong><span style="color: #111111; font-family: "Helvetica","sans-serif"; font-size: 10.5pt;">Twitter</span></strong><span style="color: #333333; font-family: "Helvetica","sans-serif"; font-size: 10.5pt;"> </span><a href="https://twitter.com/DivineEconomy"><span style="color: #2777ae; font-family: "Helvetica","sans-serif"; font-size: 10.5pt;">@DivineEconomy</span></a><span style="color: #333333; font-family: "Helvetica","sans-serif"; font-size: 10.5pt;"><o:p></o:p></span></div>
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Divine Economy Consultinghttp://www.blogger.com/profile/17528813892286596301noreply@blogger.com0tag:blogger.com,1999:blog-21274784.post-51618256576191931842013-01-17T16:30:00.003-08:002014-07-21T14:46:57.806-07:00Examining Economic Equilibrium With The Lens Of Subjectivism.To begin I will suggest that economic equilibrium can only be understood within the realm of subjectivism. I will return to this thought.<br />
<br />
Let's look at equilbrium in the natural world. We will look at magnetism and gravity and we will look at these beyond the usual elementary perspectives. Consider one pole of a magnet at the center and a metal fragment moving closer until it is pulled to the magnet. Now take the fragment to the other side (180 degrees on that same plane) and at the same distance from the magnet it will be pulled to this same center. In this sense the attraction of the magnet is acting like an equilibrium force from any and all directions in that plane.<br />
<br />
Let's examine gravity. Throw a ball up and it returns to the Earth. Now travel to the exact opposite location on other side of the globe and throw the ball up and it returns to the Earth. This is another example of an equilibrium force acting upon objects that move away and then are drawn back. <br />
<br />
The force underlying gravity and magnetism is described by its properties but it is still unknown in its essence even though the scientists can make predictions.<br />
<br />
Now it gets even more complicated because instead of these physical laws the economy operates according to the laws of human science! Economic equilibrium is a phenomenon of the realm of subjectivity!<br />
<br />
As we know from praxeology the key to understanding the realm of subjectivity is human action. What this means is that economic equilibrium is driven by and expressive of human action.<br />
<br />
Why is this important? To understand the economy and how it works requires an appreciation of the subjective nature of humans, which means recognizing that humans have partial knowledge upon which to make their rational decisions. This is then the foundation for the partial knowledge upon which they make their rational decisions in the future, and so on and so on.<br />
<br />
Additionally humans use both science and religion to acquire knowledge. Some use one or the other but most use a combination of these as the basis of their partial knowledge. To ignore or deny this does not advance science since humans are subjective and human sciences must necessarily be both accurate and precise about the subject being studied - the study of human action.<br />
<br />
One question that is of great significance is: when did economic equilibrium come into existence? It is undeniable that the economy exists only because humans exist and it is also undeniable that the economy always has had the equilibrium element or force operating 'within' it. Certain things are untraceable for many reasons, for example, they may have changed forms over time. It is safe to say that economic equilibrium - the equilibrium associated with subjective beings - is part of the same creation of what is known as 'human.' Humans are subjective and the implications of this distinction leads to the acknowledgement of an intellectual and spiritual nature for this special creature - the human being.<br />
<br />
To sit back and leave unexplored economic equilibrium for whatever reason is not a characteristic of the scientific mind.<br />
<br />
<span style="color: #333333;"><span style="color: black;">
</span><span style="color: #333333;">Follow me on Twitter </span><a href="https://twitter.com/divineeconomy"><span style="color: red;">@DivineEconomy</span></a><span style="color: red;"><o:p></o:p></span></span><br />
<span style="color: #333333;"><span style="color: black;">
</span><br />
<span style="color: #333333;">If you know of anyone interested in ethics and
economics, </span><br />
<span style="color: black;">
</span><span style="color: #333333;">or liberty and justice, please send them this
link:</span><br />
<span style="color: black;">
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</span>Divine Economy Consultinghttp://www.blogger.com/profile/17528813892286596301noreply@blogger.com0tag:blogger.com,1999:blog-21274784.post-18341599446043864512012-12-17T14:19:00.000-08:002014-07-21T14:46:57.741-07:00What Is The Divine Economy Theory?Divine economy theory is really just the recognition that the equilibrium power operating in the world of human affairs is infinite and therefore incomprehensible to the limited mind of humans. But all humans who fool themselves into thinking that they can understand all of the consequences of their intervention into the economy (for the sake of humankind) over the entire time horizon are ego-driven and have no moral authority. The best and quickest way to define and describe the beautiful force of equilibrium operating in the economy is to call it the divine economy.<br />
<br />
<span style="color: #333333;">Follow
me on Twitter </span><a href="https://twitter.com/divineeconomy"><span style="color: red;">@</span><span style="color: red;">DivineEconomy</span></a><span style="color: red;"><o:p></o:p></span><br />
<br />
<span style="color: #333333;">For
more information go to my newly renovated </span><a href="http://divineec.ipower.com/2/5301.html"><span style="color: red;">website</span></a><span style="color: #333333;">.<o:p></o:p></span><br />
<br />
<span style="color: #333333;">If
you know of anyone interested in ethics and economics, </span><br />
<span style="color: #333333;">or
liberty and justice, please send them this link:</span><br />
<a href="http://divineec.ipower.com/2/"><span style="color: red; mso-bidi-font-family: "Times New Roman"; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin;">http://divineec.ipower.com/2/</span></a>Divine Economy Consultinghttp://www.blogger.com/profile/17528813892286596301noreply@blogger.com0tag:blogger.com,1999:blog-21274784.post-21153655401552998962012-12-11T10:20:00.000-08:002014-07-21T14:46:57.752-07:00Does The Divine Economy Theory Differ From Austrian Economics?The divine economy theory does not differ with Austrian economics unless, for some reason, Austrian economics is considered as finished. Just like Austrian economics has basically nothing to do with the economy of Austria, Austrian economics encompasses the advancement of economic science and praxeology beyond the remnant links (their students) to Mises and Rothbard. Of course there are criteria that can be used to determine if the advancements are true to the Austrian tradition and the tradition of classical liberalism. <br />
<br />
If there is a noticeable difference between Austrian economics and the divine economy theory it has to do with the removal of religious prejudice and the creeping of atheism into 'science.' Some who contribute to Austrian economics have an exclusionary attitude that is not complementary with an attitude of comparative religion. Some who contribute to Austrian economics think that atheism is an expression of wertfrei and cannot fathom the harmony of sciene and religion. Let's be fair and measure these contributors with the existent criteria of what is Austrian and what is classical liberalism. I am up to the challenge. Are others? <br />
<br />
Regardless, as an Austrian economist I continually test what is being developed as part of the divine economy theory and so far it meets the tests. As far as I am concerned the divine economy theory is merely a specialized study within the Austrian economics tradition and the classical liberalism tradition.<br />
<br />
<span style="color: #333333;"><span style="color: black;">
</span></span><br />
<span style="color: #333333;"><span style="color: #333333;"><span style="color: black;">
</span><span style="color: #333333;">Follow me on Twitter </span><a href="https://twitter.com/divineeconomy"><span style="color: red;">@DivineEconomy</span></a><span style="color: red;"><o:p></o:p></span></span><br />
<span style="color: black;">
</span><br />
<span style="color: #333333;">If you know of anyone interested in ethics and
economics, </span><br />
<span style="color: black;">
</span><span style="color: #333333;">or liberty and justice, please send them this
link:</span><br />
<span style="color: black;">
</span><a href="http://bruce-koerber.squarespace.com/api/track/Redirect?url=http://bruce-koerber.squarespace.com/&channel=email&subchannel=trial_member_series&campaign=0&subcampaign=v1&source=default_sitename_text" target="_blank"><span style="background: white; color: red;">http://bruce-koerber.squarespace.com</span></a><span style="color: red;"><o:p></o:p></span><br />
<span style="color: black;">
</span></span><span style="color: black;">
</span>Divine Economy Consultinghttp://www.blogger.com/profile/17528813892286596301noreply@blogger.com0tag:blogger.com,1999:blog-21274784.post-82109342011181479682012-11-13T16:50:00.000-08:002014-07-21T14:46:57.847-07:00Market Forces Will Moderate Business Sizes<span style="font-size: 14pt; line-height: 150%;"><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">Arbitrary regulatory designs and vain imaginings of bureaucrats always fail. In contrast, when decisions are made fluidly in response to the forces in the market then those who express their needs naturally as part of the market process are served quickly, efficiently, mercifully, and with justice. The size of firms - that can serve the people best - is one of the manifestations of this justice.</span></span><br />
<span style="font-size: 14pt; line-height: 150%;"><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"></span></span><br />
<span style="font-size: 14pt; line-height: 150%;"><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"></span></span><strong><u>Divine Economy Theory Policy #3:</u> Market Forces Will Moderate Business Sizes</strong><br />
<b style="mso-bidi-font-weight: normal;"><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"></span></b><br />
<b style="mso-bidi-font-weight: normal;"><span style="line-height: 150%; mso-bidi-font-size: 10.0pt;">Policy Statement</span></b><span style="line-height: 150%; mso-bidi-font-size: 10.0pt;">: 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.</span><br />
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt;">
<span style="line-height: 150%; mso-bidi-font-size: 10.0pt;"></span> </div>
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt;">
<span style="line-height: 150%; mso-bidi-font-size: 10.0pt;"><strong>See this policy in the greater context </strong><a href="http://divineeconomyconsulting.blogspot.com/2012/10/the-economic-policy-of-divine-economy.html"><span style="color: red;"><strong>here</strong></span></a><strong>.</strong></span><br />
</div>
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt;">
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"><o:p>
</o:p></span></div>
<span style="color: #333333;"><span style="color: black;">
</span><span style="color: #333333;">Follow me on Twitter </span><a href="https://twitter.com/divineeconomy"><span style="color: red;">@DivineEconomy</span></a><span style="color: red;"><o:p></o:p></span></span><br />
<span style="color: #333333;"><span style="color: black;">
</span><br />
<span style="color: #333333;">If you know of anyone interested in ethics and
economics, </span><br />
<span style="color: black;">
</span><span style="color: #333333;">or liberty and justice, please send them this
link:</span><br />
<span style="color: black;">
</span><a href="http://bruce-koerber.squarespace.com/api/track/Redirect?url=http://bruce-koerber.squarespace.com/&channel=email&subchannel=trial_member_series&campaign=0&subcampaign=v1&source=default_sitename_text" target="_blank"><span style="background: white; color: red;">http://bruce-koerber.squarespace.com</span></a><span style="color: red;"><o:p></o:p></span><br />
</span><span style="color: black;">
</span><br />
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt;">
</div>
Divine Economy Consultinghttp://www.blogger.com/profile/17528813892286596301noreply@blogger.com1tag:blogger.com,1999:blog-21274784.post-61518678191529578742012-10-27T17:04:00.000-07:002014-07-21T14:46:57.822-07:00The Right of Secession<span style="font-size: 14pt; line-height: 150%;"><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">It is time to bring back into common use - in our language - a term that is understood in the classical liberalism tradition. That word is subsidiarity. It is the necessary complement to federation. Without subsidiarity even the logic of federation is thwarted, thus becoming potentially tyrannical. The guarantee of the maintenance of the balance brought about by the complements of subsidiarity and federation is the right of secession.</span></span><br />
<span style="font-size: 14pt; line-height: 150%;"></span><br />
<span style="font-size: 14pt; line-height: 150%;"><strong><u>Divine Economy Theory Policy #2:</u><span style="mso-spacerun: yes;"> </span>The Right of
Secession</strong></span><br />
<span style="font-size: 14pt; line-height: 150%;">
</span><br />
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt;">
<b style="mso-bidi-font-weight: normal;"><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"><span style="mso-tab-count: 1;"> </span>Policy Statement</span></b><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">: A
rational policy would be to develop discovered 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.</span><br />
<br />
<strong>See this policy in the greater context </strong><a href="http://divineeconomyconsulting.blogspot.com/2012/10/the-economic-policy-of-divine-economy.html"><span style="color: red;"><strong>here</strong></span></a><strong>.</strong></div>
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt;">
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">
<br />
<span style="color: #333333;">Follow me on Twitter </span><a href="https://twitter.com/divineeconomy"><span style="color: red;">@DivineEconomy</span></a><span style="color: red;"><o:p></o:p></span></span><br />
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">
<br />
<span style="color: #333333;">If you know of anyone interested in ethics and
economics, </span><br />
<span style="color: #333333;">or liberty and justice, please send them this
link:</span><br />
<a href="http://bruce-koerber.squarespace.com/" target="_blank"><span style="background: white; color: red;">http://bruce-koerber.squarespace.com</span></a><span style="color: red;"><o:p></o:p></span><br />
</span></div>
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt;">
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"></span> </div>
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt;">
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"></span> </div>
Divine Economy Consultinghttp://www.blogger.com/profile/17528813892286596301noreply@blogger.com0tag:blogger.com,1999:blog-21274784.post-88599494771749595262012-10-26T15:47:00.002-07:002014-07-21T14:46:57.855-07:00Well Defined and Continually Refined Property Rights.Since property rights are inseparable from human rights and since the economy is really a natural extension of human beings, this - property rights - is the first economic policy of the divine economy theory.<br />
<br />
<strong><u>Divine Economy Theory Policy #1:</u> Well Defined and Continually Refined Property Rights</strong><br />
<br />
<span style="line-height: 150%;"><strong>Policy Statement</strong></span><span style="line-height: 150%;">:</span><span style="line-height: 150%; mso-bidi-font-size: 10.0pt;"> A
rational and just policy would be to develop discovered laws that specifically define,
refine, and protect property rights in terms such that they are treated and
considered as basic human rights.</span><br />
<strong></strong><br />
<strong>See this policy in the greater context </strong><a href="http://divineeconomyconsulting.blogspot.com/2012/10/the-economic-policy-of-divine-economy.html"><span style="color: red;"><strong>here</strong></span></a><strong>.</strong><br />
<span style="line-height: 150%; mso-bidi-font-size: 10.0pt;">
</span><br />
<span style="color: #333333;">Follow me on Twitter </span><a href="https://twitter.com/divineeconomy"><span style="color: red;">@DivineEconomy</span></a><span style="color: red;"><o:p></o:p></span><br />
<br />
<span style="color: #333333;">If you know of anyone interested in ethics and
economics, </span><br />
<span style="color: #333333;">or liberty and justice, please send them this
link:</span><br />
<a href="http://bruce-koerber.squarespace.com/" target="_blank"><span style="background: white; color: red;">http://bruce-koerber.squarespace.com</span></a><span style="color: red;"><o:p></o:p></span>Divine Economy Consultinghttp://www.blogger.com/profile/17528813892286596301noreply@blogger.com0tag:blogger.com,1999:blog-21274784.post-10972164036950014382012-10-25T18:17:00.000-07:002014-07-21T14:46:57.726-07:00The Economic Policy of the Divine Economy TheoryAre you tired of all of the nonsense?<br />
<br />
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.<br />
<br />
<br />
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt; mso-outline-level: 1;">
<b style="mso-bidi-font-weight: normal;"><u><span style="font-size: 14pt; line-height: 150%;">Policy #1.<span style="mso-spacerun: yes;"> </span>Well
Defined and Continually Refined Property Rights <o:p></o:p></span></u></b></div>
<br />
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt;">
<b style="mso-bidi-font-weight: normal;"><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"><span style="mso-tab-count: 1;"> </span></span></b><b style="mso-bidi-font-weight: normal;"><span style="font-size: 12pt; line-height: 150%;">Policy Statement</span></b><span style="font-size: 12pt; line-height: 150%;">:</span><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"> 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.<o:p></o:p></span></div>
<br />
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt; mso-outline-level: 1;">
<b style="mso-bidi-font-weight: normal;"><u><span style="font-size: 14pt; line-height: 150%;">Policy #2.<span style="mso-spacerun: yes;"> </span>The Right
of Secession<o:p></o:p></span></u></b></div>
<br />
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt;">
<b style="mso-bidi-font-weight: normal;"><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"><span style="mso-tab-count: 1;"> </span>Policy Statement</span></b><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">: 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.<o:p></o:p></span></div>
<br />
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt; mso-outline-level: 1;">
<b style="mso-bidi-font-weight: normal;"><u><span style="font-size: 14pt; line-height: 150%;">Policy #3.<span style="mso-spacerun: yes;"> </span>Market
Forces Will Moderate Business Sizes<o:p></o:p></span></u></b></div>
<br />
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt;">
<b style="mso-bidi-font-weight: normal;"><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"><span style="mso-tab-count: 1;"> </span>Policy Statement</span></b><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">: 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.<o:p></o:p></span></div>
<br />
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt; mso-outline-level: 1;">
<b style="mso-bidi-font-weight: normal;"><u><span style="font-size: 14pt; line-height: 150%;">Policy #4.<span style="mso-spacerun: yes;"> </span>Enforcement
of Property Rights<o:p></o:p></span></u></b></div>
<br />
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt;">
<b style="mso-bidi-font-weight: normal;"><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"><span style="mso-tab-count: 1;"> </span>Policy Statement</span></b><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">: 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.<o:p></o:p></span></div>
<br />
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt; mso-outline-level: 1;">
<b style="mso-bidi-font-weight: normal;"><u><span style="font-size: 14pt; line-height: 150%;">Policy #5.<span style="mso-spacerun: yes;"> </span>Education
About Entrepreneurship<o:p></o:p></span></u></b></div>
<br />
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt;">
<b style="mso-bidi-font-weight: normal;"><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"><span style="mso-tab-count: 1;"> </span>Policy Statement</span></b><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">: 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. <o:p></o:p></span></div>
<br />
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt; mso-outline-level: 1;">
<b style="mso-bidi-font-weight: normal;"><u><span style="font-size: 14pt; line-height: 150%;">Policy #6.<span style="mso-spacerun: yes;"> </span>War and
Inflation Violate Property Rights<o:p></o:p></span></u></b></div>
<br />
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt;">
<b style="mso-bidi-font-weight: normal;"><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"><span style="mso-tab-count: 1;"> </span>Policy Statement</span></b><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">: 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. <o:p></o:p></span></div>
<br />
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt; text-indent: 0.5in;">
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">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.<o:p></o:p></span></div>
<br />
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt; mso-outline-level: 1;">
<b style="mso-bidi-font-weight: normal;"><u><span style="font-size: 14pt; line-height: 150%;">Policy #7.<span style="mso-spacerun: yes;"> </span>Gold Passes
the Market Test<o:p></o:p></span></u></b></div>
<br />
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt;">
<b style="mso-bidi-font-weight: normal;"><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"><span style="mso-tab-count: 1;"> </span>Policy Statement</span></b><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">: 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. <o:p></o:p></span></div>
<br />
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt; mso-outline-level: 1;">
<b style="mso-bidi-font-weight: normal;"><u><span style="font-size: 14pt; line-height: 150%;">Policy #8.<span style="mso-spacerun: yes;"> </span>Counteract
the Misinformation About Capital<o:p></o:p></span></u></b></div>
<br />
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt;">
<b style="mso-bidi-font-weight: normal;"><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"><span style="mso-tab-count: 1;"> </span>Policy Statement</span></b><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">: 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. <o:p></o:p></span></div>
<br />
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt; mso-outline-level: 1;">
<b style="mso-bidi-font-weight: normal;"><u><span style="font-size: 14pt; line-height: 150%;">Policy #9.<span style="mso-spacerun: yes;"> </span>New Capital
is a Good Start<o:p></o:p></span></u></b></div>
<br />
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt;">
<b style="mso-bidi-font-weight: normal;"><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"><span style="mso-tab-count: 1;"> </span>Policy Statement</span></b><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">: Recognize
that having secure property rights leads to savings and then to new capital
which then begins the advancement towards prosperity.<o:p></o:p></span></div>
<br />
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt; mso-outline-level: 1;">
<b style="mso-bidi-font-weight: normal;"><u><span style="font-size: 14pt; line-height: 150%;">Policy #10.<span style="mso-spacerun: yes;">
</span>International Free Trade<o:p></o:p></span></u></b></div>
<br />
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt;">
<b style="mso-bidi-font-weight: normal;"><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"><span style="mso-tab-count: 1;"> </span>Policy Statement</span></b><span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">: 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.<o:p></o:p></span></div>
<br />
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt;">
<b style="mso-bidi-font-weight: normal;"><u><span style="font-size: 14pt; line-height: 150%;">Policy #11.<span style="mso-spacerun: yes;"> </span>Minimal Taxation<o:p></o:p></span></u></b></div>
<br />
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt; text-indent: 0.5in;">
<b style="mso-bidi-font-weight: normal;"><span style="font-size: 12pt; line-height: 150%;">Policy Statement:</span></b><span style="font-size: 12pt; line-height: 150%;"> 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.<o:p></o:p></span></div>
<br />
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt;">
<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"><o:p> </o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; margin: 0in 0in 0pt; mso-outline-level: 1;">
<b style="mso-bidi-font-weight: normal;"><u><span style="font-size: 14pt; line-height: 150%;">The Overarching Policy – The Moral Authority of the Divine
Economy<o:p></o:p></span></u></b></div>
<br />
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<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"><span style="mso-tab-count: 1;"> </span>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.’[<u>16</u>]
<o:p></o:p></span></div>
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<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">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.<o:p></o:p></span></div>
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<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;"><span style="mso-tab-count: 1;"> </span>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. <o:p></o:p></span></div>
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<span style="font-size: 12pt; line-height: 150%; mso-bidi-font-size: 10.0pt;">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. </span></div>
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<br />
<span style="color: #333333;">Follow me on Twitter </span><a href="https://twitter.com/divineeconomy"><span style="color: red;">@DivineEconomy</span></a><span style="color: red;"><o:p></o:p></span><br />
<br />
<span style="color: #333333;">If you know of anyone interested in ethics and
economics, </span><br />
<span style="color: #333333;">or liberty and justice, please send them this
link:</span><br />
<a href="http://bruce-koerber.squarespace.com/" target="_blank"><span style="background: white; color: red;">http://bruce-koerber.squarespace.com</span></a><span style="color: red;"><o:p></o:p></span><br />
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<o:p><span style="font-size: x-small;"> </span></o:p></div>
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<br />Divine Economy Consultinghttp://www.blogger.com/profile/17528813892286596301noreply@blogger.com1tag:blogger.com,1999:blog-21274784.post-5565099711716227062012-08-30T14:56:00.000-07:002014-07-21T14:46:57.817-07:00The Three Entrepreneurial Stages.At the beginning of this elucidation about entrepreneurship it is important to know how natural and basic entrepreneurship is to the human being. Humans seek truth, by nature, because it is what leads to betterment. Truth can be seen as the discovery of the laws in operation all around us and once these laws are relatively more understood the potential for advancement is present.<br />
<br />
But humans are not always engaged in truth-seeking. Everyone has down time. Some have significantly more down time than others. This gets us to the first stage of entrepreneurship: latency. As is implied in latency, humans have the potential to be entrepreneurial - to be truth-seekers - but when that potential is not activated then it is in a state of dormancy.<br />
<br />
Transforming from the first stage to the second stage requires a spark of interest, a quest for knowledge, an alertness or a desire for alertness, which transforms latent entrepreneurship into active entrepreneurship. Although somewhat rare, a pure entrepreneurial discovery can occur at this stage and bear its immediate fruit. With a pure entrepreneurial discovery the betterment that results from this pure entrepreneurial discovery requires nothing other than the discovery. <br />
<br />
Most of the time the pursuit of knowledge in the active entrepreneurial stage is accompanied by the recognition that other economic realities like physical and human resources and/or capital are important additional means that are necessary for success.<br />
<br />
This is when the third stage of entrepreneurship is entered. The search becomes purposeful, not just for the 'new discovery' but also for all of the new combinations, including those that occur over time. <strong>Purposeful entrepreneurship is the driving force in the economy</strong> and it is a manifestation of the operation and tendency of the equilibrating power in the market process which, by the way, always happens to be in a state of disequilibrium.<br />
<br />
In summary, the three stages of entrepreneurship are: latent, active, and purposeful. For more about the three entrepreneurial stages go <span style="color: red;">here</span>.<br />
<br />
<span style="color: #333333;">Follow me on Twitter </span><a href="https://twitter.com/divineeconomy"><span style="color: red;">@DivineEconomy</span></a><span style="color: red;"><o:p></o:p></span><br />
<br />
<span style="color: #333333;">If you know of anyone interested in ethics and
economics, </span><br />
<span style="color: #333333;">or liberty and justice, please send them this
link:</span><br />
<a href="http://bruce-koerber.squarespace.com/" target="_blank"><span style="background: white; color: red;">http://bruce-koerber.squarespace.com</span></a><span style="color: red;"><o:p></o:p></span>Divine Economy Consultinghttp://www.blogger.com/profile/17528813892286596301noreply@blogger.com2tag:blogger.com,1999:blog-21274784.post-31827856675140806472012-08-23T10:14:00.001-07:002014-07-21T14:46:57.766-07:00Bruce Koerber - Divine Economy Theorist<div style="margin: 0px auto 10px; text-align: center;">
<a href="http://3.bp.blogspot.com/-kj4fbhKsr80/UDZk8oocGLI/AAAAAAAAAFQ/jWbNlt1ajj4/s1600/01-001.jpg"><img alt="" border="0" src="http://3.bp.blogspot.com/-kj4fbhKsr80/UDZk8oocGLI/AAAAAAAAAFQ/jWbNlt1ajj4/s320/01-001.jpg" /></a> </div>
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<br />
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<span style="color: #333333;">or liberty and justice, please send them this
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Divine Economy Consultinghttp://www.blogger.com/profile/17528813892286596301noreply@blogger.com0tag:blogger.com,1999:blog-21274784.post-2936960453893268412012-08-22T07:42:00.001-07:002014-07-21T14:46:57.761-07:00Anatomy Of The Divine Economy<div style="margin: 0px auto 10px; text-align: center;">
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<span style="color: #333333;">Follow me on Twitter </span><a href="https://twitter.com/divineeconomy"><span style="color: red;">@DivineEconomy</span></a><span style="color: red;"><o:p></o:p></span><br />
<br />
<span style="color: #333333;">If you know of anyone interested in ethics and
economics, </span><br />
<span style="color: #333333;">or liberty and justice, please send them this
link:</span><br />
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Divine Economy Consultinghttp://www.blogger.com/profile/17528813892286596301noreply@blogger.com0tag:blogger.com,1999:blog-21274784.post-15193001108129002572012-08-17T09:35:00.000-07:002014-07-21T14:46:57.734-07:00Divine Economy Theory Passes The Test Of The Four Kinds Of Proofs. First of all let me list the four kinds of proofs:<br />
<ol>
<li>Through sense-perception</li>
<li>Through the reasoning faculty</li>
<li>From traditional or scriptural authority</li>
<li>Through the medium of inspiration</li>
</ol>
<br />
These are the standards that people use as proofs but each one is subject to error. I will give an example of an error for each of these 'proofs' that shows the weakness of relying soley on that kind of proof.<br />
<ol>
<li>Sense-perception is fooled by a mirage.</li>
<li>Reasoning faculty alone falters because not all logicians come to the same conclusion.</li>
<li>Which tradition or scriptural authority can claim to be the correct one?</li>
<li>Could the promptings of the heart that lead to the inspiration be a vain imagining?</li>
</ol>
<br />
<a href="http://economicsandreligion.blogspot.com/2012/08/great-classical-liberal-shows-that-all.html"><span style="color: red; font-size: large;">The point that we are getting at is that one or a couple of these 'proofs' is not sufficient and that only if all of these kinds of proofs are satisfied can there be certitude</span></a><span style="font-size: large;">.</span><br />
<br />
Now we will examine and test the divine economy theory using each of these proofs.<br />
<ol>
<li><strong>Sense Perception</strong>: The Divine Economy Model <span style="color: #222222; font-family: "Georgia","serif"; font-size: 9.5pt; line-height: 115%; mso-ansi-language: EN-US; mso-bidi-font-family: "Times New Roman"; mso-bidi-language: AR-SA; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US; mso-fareast-theme-font: minor-latin;"><span style="color: #222222; font-family: "Georgia","serif"; font-size: 12pt; line-height: 115%; mso-ansi-language: EN-US; mso-bidi-font-family: "Times New Roman"; mso-bidi-language: AR-SA; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US; mso-fareast-theme-font: minor-latin;"><span style="font-family: Times, "Times New Roman", serif;">© </span></span></span>is a visual graphical representation of the economy.</li>
<li><strong>Reasoning Faculty</strong>: The divine economy theory uses logic consistent within the philosophy of classical liberalism to build the theory.</li>
<li><strong>Traditional Or Scriptural Authority</strong>: Not only does it stem from the classical liberalism tradition but it ties together the ethical foundations inherent in all religions.</li>
<li><strong>Through The Medium Of Inspiration</strong>: The model in its simplest form appeared to me in a dream in the autumn of 2004 and I hurriedly wrote it down so I would not forget it. I then applied my training as a technical economist to unfold it in its various applications (macroeconomics, microeconomics, ethical economics, and economic justice) over the next seven years (2005-2012).</li>
</ol>
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<span style="color: #111111; font-size: 10.5pt;"><br />
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<br />Divine Economy Consultinghttp://www.blogger.com/profile/17528813892286596301noreply@blogger.com1tag:blogger.com,1999:blog-21274784.post-76227779936942620422012-08-14T07:11:00.001-07:002014-07-21T14:46:57.833-07:00Definition Of An Unhampered Market Economy.An unhampered market economy is one where <strong><u>everyone</u></strong> recognizes that human knowledge is finite and cannot comprehend the nearly infinite nature of the market process. This recognition translates into the understanding that all intervention corrupts the process because it is necessarily arbitrary and shortsighted. <br />
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Only those who are ego-driven can have the arrogance to pretend that they know what is best, but in the future these scoundrels will be rejected because of their ignorance of reality and because of their selfish intentions. <br />
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</span><br />Divine Economy Consultinghttp://www.blogger.com/profile/17528813892286596301noreply@blogger.com0tag:blogger.com,1999:blog-21274784.post-65970819242545012072012-08-13T07:47:00.000-07:002014-07-21T14:46:57.828-07:00Is There A Model Of The Unhampered Market Economy?The answer is yes. In the tradition of classical liberalism much of the logic and reasoning is done by the use of words and so the model of laissez-faire or an unhampered market economy is visualized in the minds of the readers of the authors of the causal-realistic approach to economics.<br />
<br />
The most extensive and intensive and unified example of a causal-realistic model of the unhampered market economy is the Divine Economy Model © which laid the foundation for the divine economy theory.<br />
<br />
As proof of <a href="http://divineeconomyconsulting.blogspot.com/2012/08/evenly-rotating-economy-versus.html"><span style="color: red;">the unhampered market economy nature</span></a> of the divine economy theory we only have to look at the clear and definite scientific verification found in the theory: there is absolutely no moral authority for any intervention into the economy!<br />
<br />
<span style="color: #333333;">Follow me on Twitter </span><a href="https://twitter.com/divineeconomy"><span style="color: red;">@DivineEconomy</span></a><span style="color: red;"><o:p></o:p></span><br />
<br />
<span style="color: #333333;">If you know of anyone interested in ethics and
economics, </span><br />
<span style="color: #333333;">or liberty and justice, please send them this
link:</span><br />
<a href="http://bruce-koerber.squarespace.com/" target="_blank"><span style="background: white; color: red;">http://bruce-koerber.squarespace.com</span></a><span style="color: red;"><o:p></o:p></span>Divine Economy Consultinghttp://www.blogger.com/profile/17528813892286596301noreply@blogger.com0