Ben Powell does a fantastic job explaining the need for a principled understanding of economics and economic freedom when thinking about any and all issues.
Ignorance of what capital looks like as it appears in society and as it morphs over time is what plagues the improperly educated. The propaganda that is passed off by the State as education is Marxist at its core in this regard. Capital is completely misunderstood, and even despised, and most definitely it is treated like an atheist treats the concept of God.
This is the absurd foolishness of Statism, promulgated in its education system, and spewing from the mouths of the ego-driven interventionists whose ambitions are to gloriously serve the State.
Capital irresistably appears, and it transforms products and people and socieites, but it can be undermined by the economically ignorant if they have the support of the corruption of Statism.
For more information go to my website.
Go here to read about Mastery of ETHICAL ECONOMICS.
{The exciting news is that I am about to publish the fourth and final book in the divine economy theory series!}
Tuesday, June 7, 2011
Saturday, June 4, 2011
Empirical Economic Data Is Approaching Absurdity!
Look at this unemployment graph.
The lag time between collecting empirical economic data and then altering the collecting criteria is shown in the graph from the first quarter of 2008 to the second quarter of 2009.
The post-second-quarter 2009 portrayal shows the betrayal by the interpreters and the betrayal by the interventionists (quantitative easing schemes). Their lies and deceit betray all ethics and justice.
What these ignoramuses cannot fathom is the power of economic equilibrium which will cause the graph to climb rapidly again despite their ridiculous criteria, rendering it even more meaningless. At some point the empiricists will no longer be able to provide anything of value to the propagandists of the unConstitutional coup.
For more information go to my website.
Go here to read about Mastery of ETHICAL ECONOMICS.
{The exciting news is that I am about to publish the fourth and final book in the divine economy theory series!}
The lag time between collecting empirical economic data and then altering the collecting criteria is shown in the graph from the first quarter of 2008 to the second quarter of 2009.
The post-second-quarter 2009 portrayal shows the betrayal by the interpreters and the betrayal by the interventionists (quantitative easing schemes). Their lies and deceit betray all ethics and justice.
What these ignoramuses cannot fathom is the power of economic equilibrium which will cause the graph to climb rapidly again despite their ridiculous criteria, rendering it even more meaningless. At some point the empiricists will no longer be able to provide anything of value to the propagandists of the unConstitutional coup.
For more information go to my website.
Go here to read about Mastery of ETHICAL ECONOMICS.
{The exciting news is that I am about to publish the fourth and final book in the divine economy theory series!}
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