Tuesday, December 31, 2013

From "The Haiku Economist" #2 of 2 on page 65

The Pilgrims changed to
private-property basis,
and flourish they did!

 

"The Haiku Economist" by Jim Cox

 

If you want Jim's accompanying explanation let me know and I will provide it for you.

 

To contact me: divineeconomyconsulting@gmail.com

 

Monday, December 30, 2013

From "The Haiku Economist" #1 of 2 on page 65


At first, Pilgrims tried

a socialized production.

They nearly all starved.

 

"The Haiku Economist" by Jim Cox

 

If you want Jim's accompanying explanation let me know and I will provide it for you.

 

To contact me: divineeconomyconsulting@gmail.com

 

Sunday, December 29, 2013

From "The Haiku Economist" #2 of 2 on page 63


Speculators do

what smoke detectors do, too:

warn us of bad things.

 

"The Haiku Economist" by Jim Cox

 

If you want Jim's accompanying explanation let me know and I will provide it for you.

 

To contact me: divineeconomyconsulting@gmail.com

Saturday, December 28, 2013

From "The Haiku Economist" #1 of 2 on page 63


Free prices result

in an organic order,

but top-down doesn't.

 

"The Haiku Economist" by Jim Cox

If you want Jim's accompanying explanation let me know and I will provide it for you.


To contact me: divineeconomyconsulting@gmail.com

Friday, December 27, 2013

From "The Haiku Economist" #2 of 2 on page 61

Minimum wage wrecks
job opportunities for
low-skilled poor people.
 
"The Haiku Economist" by Jim Cox

If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Thursday, December 26, 2013

From "The Haiku Economist" #1 of 2 on page 61

Government health care:
not any more attractive
than public housing.
 
"The Haiku Economist" by Jim Cox

If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Wednesday, December 25, 2013

From "The Haiku Economist" #1 of 2 on page 59

Stock market, high-tech
stocks, housing, clunkers, bubbles
all from phony funds
 
"The Haiku Economist" by Jim Cox

If you want Jim's accompanying explanation let me know and I will provide it for you.
To contact me: divineeconomyconsulting@gmail.com

Tuesday, December 24, 2013

From "The Haiku Economist" #2 of 2 on page 57

My old favorite
candy, spotted on the shelf.
Thanks, advertising!
 
"The Haiku Economist" by Jim Cox


If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Monday, December 23, 2013

From "The Haiku Economist" #1 of 2 on page 57

Summer rates go up.
Supply and demand, you know,
or else, shortages.
 
"The Haiku Economist" by Jim Cox


If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Sunday, December 22, 2013

From "The Haiku Economist" #2 of 2 on page 53

Keynes' multiplier:
Beats working for a living.
It's stones into bread!
 
"The Haiku Economist" by Jim Cox

If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Saturday, December 21, 2013

From "The Haiku Economist" #1 of 2 on page 53

On labor theory
of value, Marx ran aground
economic thought.
 
"The Haiku Economist" by Jim Cox


If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Friday, December 20, 2013

From "The Haiku Economist" #2 of 2 on page 51

Is "malinvestment"
a term unknown to mainstream
Keynesian theorists?
 
"The Haiku Economist" by Jim Cox


If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Wednesday, December 18, 2013

From "The Haiku Economist" #1 of 2 on page 51

Bastiat: famous
for the distinction of the
seen and the unseen.
 
"The Haiku Economist" by Jim Cox


If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Tuesday, December 17, 2013

From "The Haiku Economist" #2 of 2 on page 49

It's known as Mises'
Law: Intervention begets
next intervention.
 
"The Haiku Economist" by Jim Cox


If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Monday, December 16, 2013

From "The Haiku Economist" #1 of 2 on page 49

The boom plants the seeds
for the later bust - See the
Boom-Bust video!
 
"The Haiku Economist" by Jim Cox


If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Sunday, December 15, 2013

From "The Haiku Economist" #2 of 2 on page 47

Seventies should have
put an end to Age of Keynes.
Instead, he's baaack!
 
"The Haiku Economist" by Jim Cox


If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Saturday, December 14, 2013

From "The Haiku Economist" #1 of 2 on page 47

Markets will progress
by creative destruction,
as Schumpeter said.
 
"The Haiku Economist" by Jim Cox


If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Friday, December 13, 2013

From "The Haiku Economist" #2 of 2 on page 45

Phillips Curve: What a
crock! Generations misled.
No trade-off at all!
 
"The Haiku Economist" by Jim Cox


If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Thursday, December 12, 2013

From "The Haiku Economist" #2 of 2 on page 43

The L.V.M.I.,
bringing Austrian theory
to people worldwide.
 
"The Haiku Economist" by Jim Cox


If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Wednesday, December 11, 2013

From "The Haiku Economist" #1 of 2 on page 43

From "The Haiku Economist" #2 of 2 on page 41
Rothbard's Law: It's known,
economists specialize
in their worst topic!
 
"The Haiku Economist" by Jim Cox


If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Tuesday, December 10, 2013

From "The Haiku Economist" #2 of 2 on page 41

Jefferson stood for
balanced budgets, versus
Hamilton for debt.
 
"The Haiku Economist" by Jim Cox


If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Monday, December 9, 2013

From "The Haiku Economist" #1 of 2 on page 41

Friedman: Inflation
everywhere, and always a
monetary thing.
 
"The Haiku Economist" by Jim Cox


If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Sunday, December 8, 2013

From "The Haiku Economist" #2 of 2 on page 39

Keynes wanted to have
a zero interest rate
no grasp of prices?
 
"The Haiku Economist" by Jim Cox


If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Saturday, December 7, 2013

From "The Haiku Economist" #1 of 2 on page 37

Mises "Free markets!"
"No," Keynes said "Government? Yes."
Keynes' long-run is here.
 
"The Haiku Economist" by Jim Cox


If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Friday, December 6, 2013

From "The Haiku Economist" #2 of 2 on page 35

Said Milton Friedman:
Unions don't cause high pay; high
pay causes unions.
 
"The Haiku Economist" by Jim Cox


If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Thursday, December 5, 2013

From "The Haiku Economist" #1 of 2 on page 35

Menger founded the
Austrians with a grounding
in Aristotle.
"The Haiku Economist" by Jim Cox


If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Wednesday, December 4, 2013

From "The Haiku Economist" #2 of 2 on page 33

"Your choice," said Ayn Rand:
"Sucker or a bloodsucker?"
in our mixed system.
"The Haiku Economist" by Jim Cox


If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Tuesday, December 3, 2013

From "The Haiku Economist" #1 of 2 on page 33

Deficits, once wrong,
Keynes said are perfectly fine.
What a legacy!
"The Haiku Economist" by Jim Cox


If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Monday, December 2, 2013

From "The Haiku Economist" #2 of 2 on page 31

Mises and Hayek
won calculation debate.
The socialists lost!
"The Haiku Economist" by Jim Cox

If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Saturday, November 30, 2013

From "The Haiku Economist" #1 of 2 on page 31

John Law, John Maynard:
Money cranks who knew only
one answer, each time.
"The Haiku Economist" by Jim Cox

If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Friday, November 29, 2013

From "The Haiku Economist" #2 of 2 on page 29

More than Mother T,
Borlaug's "green revolution"
ended suffering.
"The Haiku Economist" by Jim Cox

If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Thursday, November 28, 2013

From "The Haiku Economist" #1 of 2 on page 29

The real class struggle:
taxpayers and tax eaters.
Marx mistook it all.
"The Haiku Economist" by Jim Cox

If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Wednesday, November 27, 2013

From "The Haiku Economist" #2 of 2 on page 25

Empiricism
it ain't, deductive reason
'tis, economics.
"The Haiku Economist" by Jim Cox

If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Tuesday, November 26, 2013

From "The Haiku Economist" #1 of 2 on page 25

Profit: The reward
for moving goods to higher,
more valued uses.
"The Haiku Economist" by Jim Cox

If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Monday, November 25, 2013

From "The Haiku Economist" #2 of 2 on page 23

A "monopoly"
is not simply facing a
falling demand curve.
"The Haiku Economist" by Jim Cox

If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Sunday, November 24, 2013

From "The Haiku Economist" #1 of 2 on page 23

House: Big, expensive
asset, slowly but surely
falling to pieces.
 
"The Haiku Economist" by Jim Cox

If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Saturday, November 23, 2013

From "The Haiku Economist" #2 of 2 on page 21

Regression theorem:
Fiat money has value
only from the past.


"The Haiku Economist" by Jim Cox

If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Friday, November 22, 2013

From "The Haiku Economist" 1 of 2 on page 21

"Depression" is the
correcting of previous
times of inflation.

"The Haiku Economist" by Jim Cox

If you want Jim's accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Friday, March 8, 2013

Intellectual Honesty, Empirical Honesty.

The problem with using the empirical methodology in the human sciences - economics, for example - is that humans make decisions subjectively which cannot be captured or accounted for using the empirical method. First of all empirical data cannot contain the dynamic complexity of human decisions and secondly human decisions are subject (subjective) to change in unpredictable magnitudes and/or unpredictable directions rendering any and all puny and static empirically-generated data meaningless.

However even if there was a way to ascertain that which is impossible using the empirical method the conclusion would be to leave things alone. This is exactly what is discovered when the appropriate scientific method is used to study subjective decision-making by human beings. The test of deduction and logic within the subjectivist methodology provides vast amounts of proof and in that sense the results are empirical.

Laissez-faire or an unhampered market economy or the divine economy all refer to the intellectually honest and empirically honest conclusion: that an unimpeded market process is the optimal means.

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If you know of anyone interested in ethics and economics,
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