Download PDF Version September 15 2019
I make no secret of the fact that I teach natural law as well as economics. The discipline of economics is rooted in natural law and the basis of economics is drawn from natural law, but only a few principles are used. The rest is discarded. Examples of natural law as part of economics are the laws of supply and demand. It is a natural law that people will buy more at a lower price than at a higher price. It is also a natural law that sellers will sell more at a higher price than at a lower price. What makes these natural laws, with or without proof, is the fact that it is normal human behavior. There are many more natural laws that determine behaviors in the economic arena, especially at the aggregate level.
In dealing with natural law there is a unique sensation I call the sensation of understanding. Who has not experienced a tingling in the spine and a sense of well being following internalizing something profound? This is what I call the sensation of understanding. When understanding occurs there is nothing that can necessarily be put into words. But, something has been learned and the learning has taken place at a deeper level than at the level were words explain what we experience.
Some people seek to change for the better. Some people are unhappy and want to change. Positive change begins with understanding. Out of understanding a person changes and the change is always positive.
The truth is a hard sell. Fantasy Free Economics gains readers one at a time. Major search engines simply do not list blogs which disagree with their political agenda. As long as folks share the link to this blog and others speaking out against the grain, the truth will at least trickle into the public consciousness.
Fantasy Free Economics recommends the following blogs.
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