FREEDOM FROM MORAL HAZARD: BLESSING AND GUIDANCE OF GOD


Synopsis of this memo

This memo argues that U.S. has been blessed and guided by God defined rationally.[1] The nation gained nonpareil prosperity and indubitable power because of its Godly-constitution. It has, however, continual economic crises due to moral hazard in governance, which is un-Godly (Devilish?) and unconstitutional.[2] Only if the government exorcises moral hazard can it let people enjoy the freedom enshrined in the constitution and achieve greater glory for mankind.

This memo first argues how moral hazard in governance has stifled individual liberty and depressed economy periodically. It then defines God rationally to show that (i) a moral hazard free system is Godly governance consistent with a Godly Constitution, and (ii) adoption of Godly governance blessing and guidance by God.

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