The Grammar of Economics: January 2009

Monday, January 19, 2009

Commanding Heights: The Battle for the World Economy

...is a book by Daniel Yergin and Joseph Stanislaw, first published as The Commanding Heights: The Battle Between Government and the Marketplace That Is Remaking the Modern World in 1998. In 2002, it was turned into a documentary of the same title, and later released on DVD.

Commanding Heights attempts to trace the rise of free markets during the last century, as well as the process of globalization. It takes its title from a speech by Vladimir Lenin, who used the phrase "commanding heights" to refer to the segments and industries in an economy that effectively control and support the others, such as oil, railroads, banking and steel. MORE or watch it below:

You need to know the schools of economics for the first video; especially the Austrian:
Mises
Hayek

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Liberty's Dictator, our triune God, tells us His law word needs to be established in every area of life. Economics is one of those areas. The world economy today is doomed because it's two classes, the hosts and the parasites, are morally and religiously corrupt. Instead of being a participant of that fiat law order of economic private property destruction (sooner or later); recognize, learn, and establish the law that is regenerating (to name a few):

Not to steal money stealthily Lev. 19:11
The court must implement punitive measures against the thief Ex. 21:37
Each individual must ensure that his scales and weights are accurate Lev. 19:36
Not to commit injustice with scales and weights Lev. 19:35
Not to possess inaccurate scales and weights even if they are not for use Deut. 25:13
Not to move a boundary marker to steal someone's property Deut. 19:14
Not to kidnap Ex. 20:13
Not to rob openly Lev. 19:13
Not to withhold wages or fail to repay a debt Lev. 19:13
Not to covet and scheme to acquire another's possession Ex. 20:14
Not to desire another's possession Deut. 5:18
Return the robbed object or its value Lev. 5:23
The court must implement laws against the one who assaults another or damages another's property Ex. 21:18
Not to murder Ex. 20:12
Not to accept monetary restitution to atone for the murderer Num. 35:31
The court must send the accidental murderer to a city of refuge Num. 35:25
Not to accept monetary restitution instead of being sent to a city of refuge Num. 35:32
Not to leave others distraught with their burdens (but to help either load or unload) Deut. 22:4
Conduct sales according to biblical law Lev. 25:14
Not to overcharge or underpay for an article Lev. 25:14
Not to insult or harm anybody with words Lev. 25:17
Not to cheat a convert monetarily Ex. 22:20

The Grammar of Economics

Monday, January 19, 2009

Commanding Heights: The Battle for the World Economy

Saturday, January 17, 2009

Ron Paul on German Hyperinflation

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Economics for your Children:

Look up the laws of economic liberty