Is There a Moral Component to Economics?

There are schools of economic thought that suggest that economics is simply a study of maximizing utilization of resources: supply and demand, without a moral consideration. The Marxist and the Nazi would be proponents of this thinking. If we need to kill a few millions of people to achieve our goals, then that must be done, they would say.

While I was at the University of North Texas, we were taught that economics is "the study of decision making." I would suggest that decision making without moral consideration is incomplete.

Also, economic thought originated officially in the writings of Plato's "Republic" and those of his student, Aristotle, about 350 B. C., as they expanded upon their examinations of moral philosophy. As moral philosophy is the root of economic thought, it would seem preposterous to neglect the connection now.

Edit #2/ Back Cover

On September 2, 2005, Gene K. Chapman became the first common citizen in U. S. History to gain a face-to-face meeting with the top floor of the Internal Revenue Service in Washington, D. C.  Where thousand of others tried and failed in the gulags of American bureaucratic and judicial imprisonment, Chapman succeeded.  This is his story, in his words, of a multi-year odyssey of the events leading up to and including that meeting and the implications on the future of freedom.

Chapman holds degrees in Welding and Motion Picture Production.  He gained a couple of hundred hours of college level studies from nine campuses in areas such as Biology, Undergraduate Law, Art, Civil Rights History, World Religions and Social Economy.  

He served several years on a board of directors of an outdoor advertising ministry with Dr. Lee Roberson, Dr. Jack Hyles and Dr. Harold B. Sightler that challenged the theological views of Pope John Paul II, hitting news headlines on five continents.  He helped FBI Special Agent Byron Sage (Chief Negotiator) pick through the theology of David Koresh during the Branch Davidian Situation in 1993.  (The violent last-day outcome by the FBI would turn him against government and toward a mix of Leo Tolstoy's and Murray Rothbard's world view:  benevolent anarcho capitalism.) 

Chapman trained two years in Warren Buffett's investment ideas under David Clark, who was trained by Warren from childhood.  Gene is responsible for about $2.979 billion of J. B. Hunt's January 2, 2016 share price, as he was the personal advisor to current Chairman, Kirk Thompson, between 1997 thru 2001.  He was in the HQ Building making the Buffett case to the top executives when Exxon announced their merger with Mobil, a logical Buffett move.  Warren and Gene remain in positive cordial contact.

Chapman helped legendary Producer Aaron Russo make and promote his last motion picture, "America:  Freedom to Fascism." 

An avid student of Gandhian Philosophy and Gandhian non-violent tactics, Chapman is most closely associated with Arun Gandhi and Ravindra Kumar.  

 Now entering his 50's, Gene K. Chapman is an Economic Historian and free lance writer for the Oil and Gas Industry, living and working in the oil fields of West Texas.  

America's Central Bank is Killing Your Family on Purpose

Adam Smith made a very interesting observation during his time. As wages rise, population rises; as wages decline, population declines. This means that we self abort our family when times are bad and self expand our family when we perceive times are good. And the central planners know this.

An interesting observation of the central bank, where the unelected central planners of the world's economies do their planning, is that monetary expansion is easily utilized to cause price inflation. The last thing in any economy to follow the impact of price inflation is labor wages.

As the money supply is expanded by the central bank/ planners, the intrinsic value of your labor wages remain behind, making you poorer and less able to move out of your patent's home. This translates into all kinds of failures in life, including putting together a family unit for yourself. You will remember the song, "If you wanna be with me, gotta have a J.O.B."

The central bankers, founded in the European Rothchild model, now six generations old, are literally killing us via the Adam Smith observation. Only three countries on the planet do not have a central bank under the Rothchild model: Syria, North Korea and Iran.

From the ranchers in the Western USA to the Muslims in the Middle East, the central bankers/ planners are controlling populations. When you read your copy of the Constitution, and your government's actions don't make sense, look at "The Communist Manifesto's" ten planks. Consider the 5th plank, central banking. Realize that we are being moved by a shadow group of the super rich in New York and London. Bankers. And they want human populations controlled and killed down to manageable levels, their manageable levels. This is the New World Order described by President George H. W. Bush.

This is not a government we are fighting; it's a mafia. It's not elected, but it controls elected governments with the purse string.

Gene K. Chapman, Economic Historian

The Bundy Standoff in Oregon

As we see one dead hero in Oregon, I think a person trained in the History of Economic Thought should weigh in.

The ranchers are making a stand against the U. S. Government's attempt to move people off land that has been their operational home for many decades.  This is the 1st and 9th planks of "The Communist Manifesto" in action.

"The Communist Manifesto" was co-written by Karl Marx, third cousin of Nathan Rothchild.  Both men supported a central bank (5th plank of "The Communist Manifesto") of which Nathan set up control in England.  Nathan wrote two checks to fund Marx's Socialist revolution, totaling many thousands of U. S. dollars and on display at the British Museum in London, at times.  I would suggest that Karl Marx was not even a Marxist;  rather, he was a tool in the Rothchild war chest to take control of governments and place property into the hands of this private banker cartel that funds what it wishes and defunds what it wishes, to its own benefit.

Today, the Rothchilds are by far the richest family on earth, making the Waltons look like nothing.  This crime family is headed by Evelyn Robert de Rothchild, who spent one of his honeymoon nights at the White House with his fourth wife, in 1988, at invitation.

This battle between the Rothchild Crime Family and syndicate of central banker operatives vs. the ranchers of the Western USA is what we are watching.

Gene Chapman

http://intelligentsiamaximus.blogspot.com/