THE NATURAL LAWS OF ECONOMICS
The First Law of Natural Economics
The only source of production and the only source of physical wealth is the expenditure of man’s naturally occurring resources of labor and intellect.
Second Law of Natural Economics
Human Nature provides a predictable model to understand how large economies will work.
The Third Law of Natural Economics
Left to their own devices, human beings, both good and evil, will behave in a way that benefits their personal definition of a better quality of life.
The Fourth Law of Natural Economics
When people are allowed to make their own choices about providing for their own needs, they will naturally choose different pursuits based upon their individual talents, skills and desires. This natural diversity produces more choices for all people.
The Fifth Law of Natural Economics
The exercise of different talents and skills and different choices as well as different levels of ambition result in natural differences in one person’s wealth as compared to another person.
The Natural Laws of Economics as well as the Natural Law principals are fully developed and explained in the book Me? An Economic Expert?
"Me? An Economic Expert"