THE COUNTER-PROPOSITION No one disagrees that if economic phenomenon are not exp

THE COUNTER-PROPOSITION

No one disagrees that if economic phenomenon are not explainable in rational terms that the theory cannot be true.

The question of economic science is how we can take advantage of emergent phenomenon to bring forward productivity and consumption (wealth) as a means of improving the commons. This is the purpose of credit and interest. But this principle can be applied in hundreds of permutations throughout the economy.

The moral (German Austrian) implication, is that this study must eschew immoral manipulation (thefts) and work only to improve the institutional means of moral cooperation without the conduct of thefts.

The immoral (anglo empirical) implication is that this study should seek Pareto optimums (Rawlsian ethics) by reframing ‘harm’ by discounting loss of choice by some to redistribute choice to others.

(I agree with the german prescription, and expressly disagree with the anglo universalist fallacy which has gotten us to this state entirely because anglos were able to seduce the germans into the world war, so that naval germanic civilization could conquer landed martial germanic civilization, just as the athenians fought the spartans.)

In other words I believe anglo civilization, like athenian, killed both the naval and the martial peoples which were the necessary components of western germanic competitive superiority at holding the rest of the world at bay.