Gold is the drink of water brought to a desolate and disease-ridden city! Ron Paul and Peter Schiff and the Mises Institute are busy repairing the aquaduct to bring fresh drinking water to the disease-infested inhabitants of that abominable city (now called the Obamanable city).
Socialism and fascism have plagued the city for generations and the corrupt power elite that operate like the ancient tyrannical governors of the Ottoman and Persian empires have usurped their power from a Congress filled, like snakes in a den, with ego-driven interventionists.
These tyrants like to have the people in the city weak and overcome with thirst. That way they can be more easily perverted and oppressed and their weakness makes the tyrants feel strong.
The aquaduct is close to completion. Some of the fresh water is being carried in by foot (Campaign For Liberty) reaching the inhabitants and now there is the growing sense is that these tyrants have been stealing their wealth and deliberately denying the water of life to everyone. The stirrings of a rebellion is beginning.
Soon the water will reach the city and the masses will have a choice to make: live in the health and wealth of a gold standard or allow the tyrants to rob generation after generation of their prosperity and "hope!" (Irony there!)
As the water enters the city the cry of joy goes out! This is followed quickly by the cry: "END THE FED!"
For more information go to http://www.divineeconomyconsulting.com/.
To earn a Masters Degree in Divine Economy Theory go here.
Thursday, February 12, 2009
Saturday, January 24, 2009
Patents Are Like Gags!
The market process is the equivalent of language. In that sense patents function like a banning on translations. Whole segments of the world's population will be unaware of the fullness of human potential and maybe the segment that would complete the picture remains out of touch.
Division of labor leads to specialized contributions and that is natural. Mutual benefits of trade leads to the disappearance of barriers and this too is natural.
Patents are unnatural and are a form of inteventionism.
For more information go to http://www.divineeconomyconsulting.com/.
To earn a Masters Degree in Divine Economy Theory go here.
Division of labor leads to specialized contributions and that is natural. Mutual benefits of trade leads to the disappearance of barriers and this too is natural.
Patents are unnatural and are a form of inteventionism.
For more information go to http://www.divineeconomyconsulting.com/.
To earn a Masters Degree in Divine Economy Theory go here.
Tuesday, January 20, 2009
Bailout Is A Classic 'Broken Window Fallacy'
Sharing The Pain Plan of the Bailout
Ordinary Taxpayers 100%, Banks 0%, Congress 0%, State Legislatures 0%, Bernanke 0%, Fed Governors 0%, Fannie Mae Bondholders 0%, Freddie Mac Bondholders 0%, FDIC executives 0%, SEC 0%
Pain? What about pane, like window pane?
The imperialism of the unConstitutional coup breaks the window pane and then the economically illterate Congress (made up of ego-driven politicians) take the advice of their ego-driven interventionist advisors to fix the window pane. They say "Look, it's good that the window pane was broken because now we can put to work the glazier. Then just think of the glazier spending that money and then the multiplier effect in the economy!"
The bailouts are 'the broken window fallacy' writ LARGE!
Read "Economics in One Lesson" by Henry Hazlitt for a clear refutation of the economic quackery of the bailouts.
The one who threw the rock through the window was a thug! The one (unConstitutional coup) who is destroying the economy is a thug, or more precisely, the members of the inner circle of the unConstitutional coup are economic terrorists!
For more information go to http://www.divineeconomyconsulting.com/.
To earn a Masters Degree in Divine Economy Theory go here.
Ordinary Taxpayers 100%, Banks 0%, Congress 0%, State Legislatures 0%, Bernanke 0%, Fed Governors 0%, Fannie Mae Bondholders 0%, Freddie Mac Bondholders 0%, FDIC executives 0%, SEC 0%
Pain? What about pane, like window pane?
The imperialism of the unConstitutional coup breaks the window pane and then the economically illterate Congress (made up of ego-driven politicians) take the advice of their ego-driven interventionist advisors to fix the window pane. They say "Look, it's good that the window pane was broken because now we can put to work the glazier. Then just think of the glazier spending that money and then the multiplier effect in the economy!"
The bailouts are 'the broken window fallacy' writ LARGE!
Read "Economics in One Lesson" by Henry Hazlitt for a clear refutation of the economic quackery of the bailouts.
The one who threw the rock through the window was a thug! The one (unConstitutional coup) who is destroying the economy is a thug, or more precisely, the members of the inner circle of the unConstitutional coup are economic terrorists!
For more information go to http://www.divineeconomyconsulting.com/.
To earn a Masters Degree in Divine Economy Theory go here.
Thursday, December 25, 2008
Educational 'Dinosaurs' Are Destined To Go Extinct!
If we assume we are living in the dark ages of economics and then if we step back to take a look at the condition of education we will be shell-shocked. It is a dinosaur destined to become extinct!
But those species of dinosaur that exhibit adaptibility will continue to evolve. Those educational dinosaurs that convert their scales into feathers and their forearms into wings will also learn to fly if they are to be of use in the future.
There is no doubt that certain types of 'education' are already completely obsolete. For example, the social sciences are filled with empiricists embedded in institutionalized educational systems promulgating erroneous methodologies and squashing alternative thought. These 'dinosaurs' are especially susceptible to the changing climate of education that is manifest as the free flow of informative counterpoints on the internet. These 'dinosaurs' may quickly go extinct when the meteor of classical liberalism flashes by, grabbing everyone's attention and then exploding onto the scene with subjectivism.
Then (and now is then!) the dark ages of economics will end!!!
For more information go to http://www.divineeconomyconsulting.com/.
To earn a Masters Degree in Divine Economy Theory go here.
But those species of dinosaur that exhibit adaptibility will continue to evolve. Those educational dinosaurs that convert their scales into feathers and their forearms into wings will also learn to fly if they are to be of use in the future.
There is no doubt that certain types of 'education' are already completely obsolete. For example, the social sciences are filled with empiricists embedded in institutionalized educational systems promulgating erroneous methodologies and squashing alternative thought. These 'dinosaurs' are especially susceptible to the changing climate of education that is manifest as the free flow of informative counterpoints on the internet. These 'dinosaurs' may quickly go extinct when the meteor of classical liberalism flashes by, grabbing everyone's attention and then exploding onto the scene with subjectivism.
Then (and now is then!) the dark ages of economics will end!!!
For more information go to http://www.divineeconomyconsulting.com/.
To earn a Masters Degree in Divine Economy Theory go here.
Tuesday, December 16, 2008
Debt 'Data' Understates The Real Problem.
Looking at the change in the level of debt is like looking at the mangled front tire in a devastating head-on collision where lives have been destroyed. Just like the damaged wheel and the tire, indeed the overwhelming debt is out of place and consequential. But what about all the other conditions and circumstances and the lives and limbs affected?
The debt was used for something! It financed war. It financed the expansion of the power to control (which was and is greedily sought by the unConstitutional coup).
For example, the debt helped to finance the corruption that has lead to the loss of the free press. Does that show up in the 'data' of the empiricists? These same empiricists who use erroneous data to spur on the ego-driven interventionists are the ones grudgingly reporting the debt (as a point of data).
The debt 'figure' is an understatement of the magnitude of the problem. Go back to the head-on collision and tell me, by comparison, how important is the condition of the wheel and tire? Now look at the debt 'figure' and realize all the hidden devastation that the empiricists are concealing in their 'data.'
For more information go to http://www.divineeconomyconsulting.com/.
To earn a Masters Degree in Divine Economy Theory go here.
The debt was used for something! It financed war. It financed the expansion of the power to control (which was and is greedily sought by the unConstitutional coup).
For example, the debt helped to finance the corruption that has lead to the loss of the free press. Does that show up in the 'data' of the empiricists? These same empiricists who use erroneous data to spur on the ego-driven interventionists are the ones grudgingly reporting the debt (as a point of data).
The debt 'figure' is an understatement of the magnitude of the problem. Go back to the head-on collision and tell me, by comparison, how important is the condition of the wheel and tire? Now look at the debt 'figure' and realize all the hidden devastation that the empiricists are concealing in their 'data.'
For more information go to http://www.divineeconomyconsulting.com/.
To earn a Masters Degree in Divine Economy Theory go here.
Saturday, December 13, 2008
"Human Action" Study Guide Is An Economic Science Gift!
The door is open wider than ever before. Enter in and feel the hospitality of purposeful human action!
Whereas before it seemed like you were house-sitting in a mansion without the familiar comforts of your own home; now you are welcomed in, brought a delicious beverage, treated to an ambience of soft but stimulating music, and given a guided tour of all the rooms in the mansion. Your host shares with you the art of story-telling, bringing to life all the vibrancy of the mansion. Each of the fireplaces are supplied with plenty of wood and you are brought slippers specifically made to fit your feet!
The windows are sparkling clean and the curtains are open so you can look out at the real world in comtemplation! This is where the wonder of this masterful work of Ludwig von Mises metamorphisizes into the ark of classical liberalism upon the sea of human history as you become one of the oarsman on the journey to a civilization that rests upon justice and unity and liberty and prosperity.
The Mises Institute is that remarkable host and the new study guide is the kind and generous hospitality bestowed upon you.
For more information go to http://www.divineeconomyconsulting.com/.
To earn a Masters Degree in Divine Economy Theory go here.
Whereas before it seemed like you were house-sitting in a mansion without the familiar comforts of your own home; now you are welcomed in, brought a delicious beverage, treated to an ambience of soft but stimulating music, and given a guided tour of all the rooms in the mansion. Your host shares with you the art of story-telling, bringing to life all the vibrancy of the mansion. Each of the fireplaces are supplied with plenty of wood and you are brought slippers specifically made to fit your feet!
The windows are sparkling clean and the curtains are open so you can look out at the real world in comtemplation! This is where the wonder of this masterful work of Ludwig von Mises metamorphisizes into the ark of classical liberalism upon the sea of human history as you become one of the oarsman on the journey to a civilization that rests upon justice and unity and liberty and prosperity.
The Mises Institute is that remarkable host and the new study guide is the kind and generous hospitality bestowed upon you.
For more information go to http://www.divineeconomyconsulting.com/.
To earn a Masters Degree in Divine Economy Theory go here.
Sunday, December 7, 2008
The GDP Statistic Comes Out At The End Of The Model!
The very first realization that needs to be made clear and evident to anyone who is listening to economic news is that GDP is the excrement of the model which has been fed data!
Like most excrement it stinks!
The model is a Keynesian construct with so many unrealistic assumptions that it would not even qualify as science fiction; it would more rightfully be classified as a demented and dissociated fantasy.
Empirical economic models are erroneous from the outset. It is like the trajectory of a bullet. Even a small deviation at the starting point causes a tremendously great error at the end. But the error of empirical economics is absurdly great at the beginning because it is the incorrect methodology for the social sciences.
That is why Greenspan simply resorted to his own arbitrary interpretation of the 'smell' of the economy to decide what to do. Bernanke is more hard core and he will stick to his empirical models.
All of these empirical economists are fools who have forgotten that they are playing with models and it is their indoctrination (claimed to be 'education and experience') that has given them models not worth the excrement that comes out of its end.
For more information go to http://www.divineeconomyconsulting.com/.
To earn a Masters Degree in Divine Economy Theory go here.
Like most excrement it stinks!
The model is a Keynesian construct with so many unrealistic assumptions that it would not even qualify as science fiction; it would more rightfully be classified as a demented and dissociated fantasy.
Empirical economic models are erroneous from the outset. It is like the trajectory of a bullet. Even a small deviation at the starting point causes a tremendously great error at the end. But the error of empirical economics is absurdly great at the beginning because it is the incorrect methodology for the social sciences.
That is why Greenspan simply resorted to his own arbitrary interpretation of the 'smell' of the economy to decide what to do. Bernanke is more hard core and he will stick to his empirical models.
All of these empirical economists are fools who have forgotten that they are playing with models and it is their indoctrination (claimed to be 'education and experience') that has given them models not worth the excrement that comes out of its end.
For more information go to http://www.divineeconomyconsulting.com/.
To earn a Masters Degree in Divine Economy Theory go here.
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