The book, MORE THAN LAISSEZ-FAIRE, explodes the myth that the economy cannot function with justice without human intervention.
Why is MORE THAN LAISSEZ-FAIRE important?
In this time of global transition it is extremely important that economic science adheres to the subjectivist methodology so it can conform to the human reality. Within this approach the call for laissez-faire becomes even more vehement because it is clearly proven (in MORE THAN LAISSEZ-FAIRE) that there is no moral authority for intervention of any kind.
MORE THAN LAISSEZ-FAIRE is a book that reads very well. It has an organic nature. At the heart of the book is the Divine Economy Model © which is simple yet complex; revealing and dynamic.
Chapter One builds the case for the parallel emergence of humankind and the economy. It introduces their spiritual foundations.
Chapter Two lays out the Divine Economy Model © which is an original and significant contribution to economic science.
Chapter Three extends this new theory into traditional production possibilities frontier analysis to complete the merging of the divine economy theory with contemporary macroeconomic theory.
Chapter Four demonstrates how real world economic principles operate and how the Divine Economy Model © helps to show their symmetry and reciprocity.
Chapter Five delineates the policy implications of an economy free from intervention in a series of eleven concrete and specific policies. The overarching policy is that the moral authority of the divine economy springs from human rights, which are the mirror images of property rights. The economic policies derived from the Divine Economy Model © are useful for inaugurating social change.