Wednesday, October 10, 2012

Human Action As Part Of Divine Providence!

The perspective which can be considered the modern and scientific perspective for economics cannot be separated from the idea of human action. Although there are numerous great books and treatises that preceded or that have come after "Human Action" by Ludwig von Mises there is not doubt that this is a seminal work.

Whatever the circumstances that led to the selection of this as the book title there can be no denying that these words summarize beautifully the insightful subjectivism that serves as a foundation for economic science.

The divine economy theory shares the same philosophical and theoretical lineage - classical liberalism - as that of the great Austrian economists such as Ludwig von Mises. Along this line of thought is a deep inquiry into the significance of action.

The action of God is 'Be' and it is! As creatures created in His Image we too have the power to creatively act! This is part of the essence of being human.

Part of the action of God is his Word; He makes manifest the Word of God in every Age for the purpose of educating humanity so it can draw closer to perfection and fulfill its purpose and establish what can be regarded as a divine civilization that reflects the qualities of that Dispensation.

On a lesser scale but equally as creative is the purposeful action of each and every one of us as part of the market process. This is what the economy does - it is the divine institution that provides (part of God's Providence) for the creative expression of purposeful action in a way that bonds all humanity together. This is its potential.

It is the intervention by the ego-driven that disrupts the potential of the economy and creates war instead of peace and affliction instead of prosperity.

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