Category Archives: Natural Laws of Economics
The Third Law of Natural Economics
Since the second LAW OF Natural Economics states that human nature provides a good model with which to analyze economics, we are naturally led to ask what characteristics of human nature are relevant. Is there an aspect of our … Continue reading
The Second Law of Natural Economics
When you understand that the only source of economic activity and economic growth is the act of people using their personal labor resource, you can make the intellectual leap to the next logical result. Every economic action relies upon a … Continue reading
The First Law of Natural Economics
Natural Laws of Economics Traditionally, economists like to talk about the economy in terms of money and statistics. Actually, money contributes to their overall tendency to do this because it’s the way we tend to think about our interactions … Continue reading