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Failure Analysis of 20th Century Economics Economics, as a 'study' or as an 'applied' science, did not exist in the evolution of human knowledge until the 18th Century. 'Science', from the Latin, scire, means, more simply, "to know". 'Technology' is the arduously studied and diligent application of all complex natural laws known to exist, from all of what is known to date about 'Creation' and our material existence as material beings on this material Planet called 'Earth'. The term, 'LAW' (derived from the Latin, lex,legis), means, by definition, 'will of the ruler'. First Question (1): Who is the ruler? Answer to Question 1: Under the U.S. Constitution, of and for government of the population of the United States, 'Representatives' are elected to sit in the 'U.S. House of Representatives. Such elected members to the House have sole responsibility to make 'laws' - better, have a mandate of responsibility to make 'rules' designed to control human behavior. Next Question (2): What is the 'best' or most effective or forceful means under man-made LAW to control human behavior? Answer to Question 2: MOST EFFECTIVE WAY TO CONTROL HUMAN BEHAVIOR - MAKE LAWS DESIGNED TO GOVERN/CONTROL CIRCULATION OF MONEY (UNITS OF CURRENCY). Next Question (3): Who was the first called 'economist' in the history of evolution of the recorded history of man on planet Earth? Answer to Question 3: The very first 'economist', in the history of 'our material existence' was a man by the name of Francois Quesnay (1694-1794 AD). Dr. Quesnay was first physician to King Louis XVI of France (1754-1793, reigned 1774-'92; guillotined) Dr. Quesnay observed: "There is a natural order that rules the affairs of man. All we have to do is find the natural order, then conform to it." As a practiced 'physician', Quesnay likened the flow of money to the flow of blood in the human body. He advocated a single tax on 'land', because he viewed 'land' as the singular source of all wealth. He introduced the term and concept known by all as, 'laissez faire'. Interpretation of 'laissez faire': 'laissez faire', means, a 'let alone' policy of non-intereference by the 'state' with the natural demand and supply forces of trade for 'product', wherein wages or incomes that drive prices are determined by the natural forces of 'demand and supply' for 'product' through invention, development, production, maintenance and trade of 'product'. Without invention, design, development, build, production and maintenance of material 'product', all other human efforts or occupations are totally without any meaning or purpose in our material existence. Thomas Alva Edison (1847-1931), without any formal schooling/college degree, is distinguished as the man who first conceived then developed the very first 'electric light bulb'. It was Thomas Edison who said, Genius is 1% inspiration and 99% perspiration. Neither Thomas Edison, Henry Ford (1863-1947) or Thomas J. Watson, Sr, (1874-195?), founder of the IBM Corporation, had any college/university learning/study credentials. (If memory serves me well, these 'giants' of industry were on speaking terms with one another in the 1920s.) Without college/university degrees, these three men were perhaps the greatest contributors to industrial development of the United States during the 20th Century. So why???, in this hell of madness of a planned and accomplished destruction of industrial manufacturing in the United States, does any citizen of the U.S. require a college degree??? Teaching fundamentals of reading, writing, arithmetic, and vocational training in the crafts (build and maintenance of 'product'), in grades K through 12, has been abandoned by a 'godless-socialist' system of public education in the United States. The totally 'godless-socialist system' of public education in the United States does nothing more than dumb down young and ill-informed U.S. citizens for 'brainwashing' as 'socialist college /university-educated' idiots. (The next time your plumbing breaks, see if you can get it fixed by your nearest known 'socialist' educated college graduate, or financial advisor, your stock broker, or MBA in business and finance, or internet software programmer, your banker, or your lawyer, or your Representative in the Congress of the United States, or 'your' particular Representative in the Congress of the United Nations.) Distinction as the very first 'economist' in the history of development of human civilization belongs to Francois Quesnay (1694-1774), appointed in 1744 as court Physician to King Louis XV (1710-1774) of France (reign 1715-1774).
Quesnay 1 developed a following from 'exposition' of his observations and conclusions. Because of their bent and attachment to application of natural physical law, to inter-actions of the affairs of man with the 'state' that controls him, Quesnay and his school of followers came to be called, 'Physiocrats'. Quesnay objected to identification or labeling as 'physiocrats'. (Paraphrasing) We are 'economists', managers of the 'household' (from the Greek, 'ecos', meaning 'house', and 'nemein', meaning 'to manage'). Prior to Quesnay in the 18th century, improvement of human knowledge in the existence of "a natural order that rules the affairs of man" did not exist until the 16th Century, when the discipline of accounting and accounting procedures was introduced by a Franciscan Monk, Luca Bartholomes Pacioli (1450-1520), a friend of Leonardo da Vinci (1452-1519). A lowly and undistinguished Jesuit priest, under the Order of St. Francis of Assisi (1182-1226), Friar Pacioli worked the wine cellars of his monastery and taught 'Algebra'. From his servile work in the wine cellars, and application of his accumulated knowledge of 'Algebra', Friar Pacioli derived the 'Balance Equation' - foundation for all human accounting of ownership of property, obligation of debt, and Capital. 'Capitalism', as an ideology, derives its name from the 'Capital' term of the 'Balance Equation'. Friar Pacioli's derivation and intoduction of the 'Balance Equation', for improved human knowledge, for application of a disciplined and methodical/sytematic procedure to count, account for, and to measure Assets, Liabilities and Capital, marked beginning of 'Capitalism' as an ideology, very late in the 16th Century. 'Socialism', is the anti-thesis of 'capitalism'. 'Socialism' embraces and applies concept for total management and control of all human behavior by the 'state'. 'Socialism' was introduced to the mind of all human thought by Socrates(470?-399 B.C.), some 300 plus years before the birth of Christ. See "Dialogues" by Plato(427?-377 B.C.), foremost student and propagator of 'socialist/communist' design, by 'Socrates', for control of all humanity by the 'state'. Aristotle(384-322 B.C.), student of Plato and tutor to Alexander the Great(356-323 B.C.) objected, somewhat, to the teachings of 'Socrates'.
From his writings, Aristotle was a pioneer in development of 'steps' (or 'logic') in the normal course of 'reasoning', the complex process of observation and comparison of 'facts', to arrive at the most correct conclusions from 'reasoning'2.
Truth is Fact, and Fact is Truth. The 'lie' is reprehensible because it is a distortion of 'fact'. Distortion of 'facts' or 'distortion' of the original meanings of terms and term definitions is equally reprehensible, because such distortion prevents 'reasoning' from arriving at the most correct conclusion from observation and comparison of 'facts'. Examples: 1. GIVEN a fact or condition IS true, the following is true... 2. IF a fact or condition is true, THEN the following facts or conditions may or may not occur... Such GIVENs and IFs are fundamental to development of computer programs by the computer programmer. Such GIVENs and IFs were and continue to be fundamental to the logic or steps of reasoning in the minds of mathematicians and other 'scientists' and engineers who laid the groundwork for development of 'knowledge' of all the different 'sciences' (bodies of knowledge) of today, including physical development of the 'calculating machine', to count and account for Assets (what you 'own'), Liabilities (what you 'owe'), and Capital (the difference between what you 'own' and what you 'owe'). The United States of America was born as a new Nation in September 1789, upon completion of ratification of its Constitution of and for government by its several and separate States at the time.
The United States grew to become the greatest industrial nation on Earth, reaching the peak of its industrial manufacturing capability with the end of World War II in August 1945. Industrial strength from manufacturing capability3 was the backbone of its military strength, enabling the United States to participate and win the military battles of two World Wars during the very short span of the first fifty years of the 20th Century.
Edward Gibbon marked beginning of the decline and fall of the Roman Empire with the birth of Christ.
This website marks beginning of the decline and fall of the United States with the origin of the Bretton-Woods Agreement Act of 1945, an un-constitutional Amendement to the un-constitutional Federal Reserve Banking Act of 1913 4.
Using the IMF through the World Bank, the finance ministers of the central banks of the world forced payment for reconstruction of all Nations devastated by the military battles of World War II, but did so solely on the backs of the labors of the 'wage-earning' factory worker citizens of the United States for the last fifty years of the 20th Century (beginning with the end of World War II). Result was a forced inflation of the U.S. $dollar and imposition of UN environmental controls and regulations, a two headed monster that ultimately destroyed the total engineering and manufacturing capability of the United States. (Whatever little manufacturing exists in the United States today, that industrial engineering and manufacturing capability is owned, operated and controlled by the foreign investor, not by the wage-earning citizens of the United States.) This voice is not raised in opposition to existence of the Federal Reserve Banking System, or against great sophistication and use of various math models (known to exist, but specifically unknown to this observer) developed and used by that System since its enactment into law by an Act of the U.S. Congress in 1913. Adamant opposition here is against abuse of the immense powers of that system - powers used to control and distribute 'investment money' (otherwise known as 'capital') and 'debt' (a tool of enslavement) for social engineering and human behavior control purposes by the 'finance ministers of the central banks of the world'. The birth of Christ divided time-sharing of life on planet Earth between B.C. (time Before Christ) and A.D. (Anno Domini - year of Our Lord) time after Christ. The Bretton-Woods Agreement Act of 1945 has since divided time-sharing of life on planet Earth between time before and after this un-constitutional Act by 'socialists' in control of the U.S. Congress and the office of President ever since the Great Depression of the 1930s - using the United States as a 'tool' to interfere in the internal affairs of all nations on earth through World Banking and investment.
The Bretton-Woods Agreement Act of 1945 set the stage for the finance ministers of the central banking system of the world to under-write
geographical division of Earth into separate trading blocs/zones. Name and objective of that movement is 'One World Government' under the 'New World Order' through 'Globalization of Commerce'. See New World Order Structure.
Ladies and gentlemen of the world, 'globalization of commerce', as it is so cleverly called, is not 'free-trade' - it is 'managed trade' by the finance ministers and investment bankers of the central banks of the world, at the expense of freedom or independence in the form of self-determination of individual 'wage-earning' worker citizens of all Nations as family households. Self-determination or self-government of 'nations' as 'national households' is dependent on possession of 'national sovereignty'. Success of new geographical divisions of Earth through the likes of the General Agreement on Tariffs and Trade (GATT) and the North American Free Trade Agreement (NAFTA), spells destruction of the concept and existence of 'national sovereignty'. From this 'Failure Analysis', a 'Natural Law' Thesis and 'Corrective Actions' was developed for legislative action to neutralize or disable the opposing forces of 'suffocating socialism' from the left and 'predatory capitalism' from the right. This voice enters the global debate and is raised in adamant opposition to destruction of national household sovereignties through division of Earth into separate trading blocs/zones by the 'money changers in the temple'. A set of four Corrective Actions for the 21st Century is offered for consideration by the citizens of the United States and all citizens of all other Nations on Earth, to neutralize or disable the opposing forces of 'suffocating socialism' from the left and 'predatory capitalism' from the right. Challenge, refutation, debate, questions or comments are invited. E-mail Feedback/Questions to bpalick@knology.net Respectfully,
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