Saturday, January 16, 2010

"Intellectual Property" Is A Matter Of Honesty.

It is probably true that the ethics of our society expects that if a person does not originate an idea ("IP") but uses it, that the user does not claim to have originated it but rather acknowledges that it came from an original source.

It is possible that there are several original sources simultaneously (take marginal utility as an example) which implies that all of the original sources be acknowledged, to the best of one's ability.

The issue may not be theft but dishonesty. If that is the case then truthfulness is what is expected in society and those who are not being sincerely truthful will ultimately be ostracized in some manner.

For more information go to my website.

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Go here to read about MACRO & MICRO Economics Renewed.

Sunday, January 3, 2010

Property Right Seizure Paralyzes The Economy.

This is a classic manifestation of the "Road To Serfdom." Imposition of the half-baked ideas of ego-driven interventionists leads to distortions that shock those who are trying to be productive but who rely upon market signals.

The resulting paralysis sends the ego-driven interpreters and the ego-driven interventionists into a tizzy fit. In what can be properly classified as acts of economic terrorism, new invasions of property rights are hoisted upon the market taking it down the road towards that abyss of totalitarianism.

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.