Will Gold Slay The Keynesian Goliath?

It appears that many thoughtful persons see no need for and no sustainability in the current system - political and economic - that exists in these, the Dark Ages of economics. The corrupt and decaying system only shackles humankind, serves no useful purpose, is immoral and obsolete at best, and cannot much longer hold back the irrepressible tendency of an ever-advancing civilization. There is not an ounce of justice in this man-made and ego-driven system and so it is fit only for the dustbin.

There are some enduring elements that span across the Ages and the principal economic one is gold as the basis for the order brought about by a trustworthy medium of exchange.

What is the transition going to be like? Cataclysmic. Goliath didn't slowly sit down and ponder. We're talking about face first to the earth with full force!

For more information go to my website.

Go here to read about Mastery of ETHICAL ECONOMICS.

{I am currently taking a partial hiatus from blogging so frequently since I am preparing to write the fourth and final book in the divine economy theory series, due to be published around May 2011.}

Will Chile Extend Its Celebrations In The Direction Of A Better Society?

The test will come now. Will the Chileans celebrate the decisions of their President to find solutions without government intervention? Will that translate into a trend towards a classical liberalism society? Will the education process continue and will it be freed from the lies of socialism and Keynesianism?

For more information go to my website.

Go here to read about Mastery of ETHICAL ECONOMICS.

Gorging On Keynesian Stimulus Causes Depression!

The big fat gray line is not big enough or fat enough! Gorging during the Keynesian "free the politicians from all economic reality" period lead to a big, fat gray (shaded) line but the data center at the Federal Reserve does not want to be politically incorrect and call the economy grossly overweight! They talk about the dainty double dip recession instead of the gargantuan depression blob.

Now we have Bernanke putting on his pilot glasses and buckling himself into his helicopter. To get a tiny blip in GDP the helicopter is going to need to be packed so densely that the poor dopey Bernanke will not be able to get it off the ground!

For more information go to my website.

Go here to read about Mastery of ETHICAL ECONOMICS.

Ups And Downs Caused By Economic Quackery.

Wall Street Journal reports the 'gravity' of the situation. Being a major cog in the economic machinery of the Keynesian quacks, the housing plummet is sure to alarm them about the gravity of the situation. Will it go thunk or ricochet ping-ping-ping down deeper and deeper into a crevasse?

Meanwhile bacon sizzles and pops. Is the volatility good news?

It sounds like the ego-driven interventionists have put us between a rock and a frying pan.

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.

How Similar And Dissimilar Are the U.S. And Japan Economies?

Brace yourself for the difference between deflation and hyperinflation!

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.

Half-Truth Journalism In Barron's Masks The Economic Distinctions.

Is it propaganda when half truths are used deliberately? Is it propaganda when half truths are used out of ignorance? Is it propaganda when those who are supposed to be an authority (because it is assumed that they have done thorough investigative research) report ignorantly?

Yes, Yes, and Yes.

Austerity is a misrepresentation of Austrian economics. In a world without the consequences of the corruptions of the ego-driven interventionists there is great prosperity and generosity and liberalism flowing continuously in an "Austrian' free market society. The austerity needed as part of the correction of the disasterous policies of Keynesian quackery has to be attributed to the Keynesian quackery itself.

It is not austerity vs drunkedness. It is economic law versus quackery.

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.

Economics Is Like A Sharp Scalpel.

Once people understand economics the diseased parts of the 'organism' of human civilization on this planet will be removed. Unburdened and with renewed vigor humanity will be able to embark on its journey, characterized as an ever-advancing civilization.

The problem that currently exists is that the blunt instrument that is being wielded by the economic quacks is infected with horrible diseases and the patient is being barraged from every direction. Ego-driven interventionists are trying to extract wealth from their obsolete platform of nationalism which just spreads the diseases.

This all will come to an end and the healing will begin when the sharp scalpel of economic truth is found.

A secondary problem also exists. The ego-driven interpreters and the ego-driven interventionists have doped the patient with half-truths and propaganda designed to numb the faculties of the patient. This interferes with the alertness of the patient.

Unfortunately what will raise to a critical height the necessary alertness is the severity of the diseased condition. Two things are becoming obvious. One, the quacks are incompetent and they blatantly lie, and they corruptly scheme to channel wealth towards themselves and their cohorts. Two, death of all that is considered as making life desirable is not far off unless something is done immediately.

Shaking off the anesthesia of indoctrination and propaganda administered by the ego-driven interventionists the patient will seek the truth after igniting within the spark of entrepreneurial spirit that is inherent in humankind. As soon as the patient encounters the philosophy of classical liberalism with its prescription of peace and prosperity and liberty and justice the discovery of the sharp scalpel of true economics is only an arm's reach away.

With loving care it is time to cut out the diseases of socialism, fascism, Keynesianism, economic empiricism, and all of the other pestilences originating from the economic ignorance characteristic of these Dark Ages of economics.

Cured, humanity will enter into an Age of economic enlightenment.

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.

The Gap Between Empiricism And Subjectivism Is Bridged!

What I love about this diagram and this procedure is the evolution of modeling using the subjectivist methodology. I would classify it as groundbreaking!

Connecting to empirical models and therefore connecting to the positivist economic literature, this scholarly work by Roger Garrison bridged a gap that seemed insurmountable.

Now the transition to subjectivism is readily accessible for any ardent student of economic theory. If not indoctrinated and if possessing a truly scientifically inquisitive mind, every student of economics (even those who are required to tread the path of empiricism) can now find their way to praxeology.

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.