Thursday, February 18, 2010

The Regression Theorem Of Intervention Shows The Origin Of Error.

Is there any more evidence needed to show how one intervention leads to an endless piling on of more and more ridiculous intervention to try to solve the problems created by the first and subsequent interventions?

Similar to the regression theorem of money postulated by Ludwig von Mises what we have here is the regression theorem of intervention!

The regression theorem of intervention tracks the distortions back to the origin of the deviation from the ethical solution that would naturally come about in an unhampered market - all the way back to the first act of ego-driven interventionism.

There was no moral authority for the first act of intervention nor for any of the other acts of intervention that follow.

The regression theorem of intervention shows the perniciousness of ego-driven interventionism from the beginning onward!

For more information go to my website.

To earn a Masters Degree in Divine Economy Theory go here.

Go here to read about MACRO & MICRO Economics Renewed.

Saturday, February 13, 2010

Greed Is Best Transformed By The Free Market.

Greed is nothing more than an undeveloped virtue. It is like: darkness is the absence of light. But greed is not absolute, it is relative. Some are more greedy than others and some people have virtually extinguished greed by transforming it into one of its positive forms.

The beauty of an unhampered market is that information flows freely (without interference by the human limitations - the lack of omniscience and omnipresence and omnipotence) which means that transformation is optimal under those conditions. Again we are not talking about absolute transformation, but rather, relative transformation which transpires over time. This is part of the process of an ever-advancing civilization and the best means to attain that ends is the divine economy (an unhampered free market economy).

For more information go to my website.

To earn a Masters Degree in Divine Economy Theory go here.

Go here to read about MACRO & MICRO Economics Renewed.

Saturday, February 6, 2010

It Is No Coincidence That The Best Economists Use The Subjectivist Methodology.

First of all I applaud you for identifying the true masters of free market economics.

It is no coincidence that at least six of the ten made their great contributions because they used the subjectivist methodology.

Once subjectivism is investigated it becomes clear that there is only one scientifically valid methodology for studying the human sciences and economics is a human science. Backtracking with that insight to the original quest of finding the top ten free market economists would bring about a need to modify the list. The empiricists would drop out and be replaced by some of the other great free market economists who used the subjectivist methodology.

For more information go to my website.

To earn a Masters Degree in Divine Economy Theory go here.

Go here to read about MACRO & MICRO Economics Renewed.

Tuesday, February 2, 2010

Empirical Economics Is VooDoo Economics!

Notice the result of empirical economic forecasting. Even if the numbers miraculously matched the forecast the numbers would still have no connection to the human reality.

Bogus results & bogus methodology & bogus interpretation means that we are living in the Dark Ages of economic science!

For more information go to my website.

To earn a Masters Degree in Divine Economy Theory go here.

Go here to read about MACRO & MICRO Economics Renewed.