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.
Thursday, December 25, 2008
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.
Saturday, December 6, 2008
The Snowball In Hell Economic Proposal!
What does it look like when a high speed snowball meets a sun-baked brick wall?
The snowball looks cool! The high speed makes it sound good as it whizzes by and it looks impressive, moving fast and all!
But reality can be cruel to those who live in a fantasy world!
Not only will it smack and come to an abrupt and dramatic stop but the pieces will evaporate instantly!
Such is the fate of the fanciful lies of the ill-informed ego-driven interventionists in this remarkable period in history.
For more information go to http://www.divineeconomyconsulting.com/.
To earn a Masters Degree in Divine Economy Theory go here.
The snowball looks cool! The high speed makes it sound good as it whizzes by and it looks impressive, moving fast and all!
But reality can be cruel to those who live in a fantasy world!
Not only will it smack and come to an abrupt and dramatic stop but the pieces will evaporate instantly!
Such is the fate of the fanciful lies of the ill-informed ego-driven interventionists in this remarkable period in history.
For more information go to http://www.divineeconomyconsulting.com/.
To earn a Masters Degree in Divine Economy Theory go here.
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