How maximize utility will not bring you to welfare

by Jesus Christ

You should know that economics discusses individuals’ aiming to maximize their utility (Rothbard, 1956, p.22). But all economists think that welfare economy can be achieved if all individuals do maximize their utility. On this ground economists study the welfare economics of a society. Other fallacy in economics is the assumption that a man’s marginal utility of money diminishes as his money-income increases. That is called money-regression theorem of von Mises (Rothbard, 1956).
Actually this assumption is very very wrong, and that lead to severe consequences, because the assumption do not correspond to what happen actually. The assumption can be proved wrong by some simple observation, including what We describe as follows: there is common wisdom that as people become even more rich, they become less and less generous with their money. They become worshipper of Mammon, literary speaking. That is why: do not fall into temptation of being greedy and striving to conquer the world. That is a blasphemy, because you will fall so deep and worship Mammon, worship Mammon and you will become animal. Read again and again and again Matthew 4:8-11, Luke 3:7.
Mises’s money-regression theorem has consequence: that money and units of various goods can be ranked on one value scale (Rothbard, 1956, p.13), which makes possible the application of marginal utility analysis of money. There are so many problems already arise from this theorem, such as reduction of valuation of things to money return. For example: doing cooperation yields no money return, and therefore that is perceived to have no value, that is why people who learn economics theory do not want to cooperate anymore, and they become animal literary speaking. Other example is choosing among different music singers given the same price tag of a music disc, economists will call that as indifference situation. Actually people choose even between two things at the same price, because they do not rank their preferences on one value scale only, that is price. People choose based on preferences, but they consider multiple value scales, where price is often not the first priority except that is really really necessary. That would mean that money regression theorem is regrettably failure. Multiple value scales theorem can be a better description of the situation of choosing based on preference. That is why: you should not worship Mammon. Read again and again and again Matthew 6:24.
That is the message: welfare economy cannot happen if all individuals do maximize their utility, on the contrary they will be even more greedy, cruel, and eliminating each other. That is called social darwinism. Social darwinism is so cruel, and God will stop this policy and punish severely all decision makers who put that policy into actions, including prosperity theology preachers. That is why: throw away all prosperity theology preachers quickly today into the bottom of the sea. Read again and again and again Matthew 18:6-7.
Today God teach you how to take care your society properly, and that is welfare economy. Release those who are punished without reason, give food to those who are poor and needy among you. Do not always measure things in terms of money, that is very very wrong. Give clothe to those who do not have clothe. Give shelter to those who are homeless. Give job to those who are jobless. Bring justice and do not do false witnessing. Read again and again and again Isaiah 58:6-12, 61:1-4. That is the message: you should repent and do your repentance as society before God bless you with welfare. You should know that welfare is a gift by grace of God, that is why you should not maximize your utility. That is a blasphemy. Why don’t you see that clearly? My answer is: you do not know the meaning of repentance as society. So many years, so many years all of you learn how to increase your utility individually, and that is why you worship prosperity. That is not true, worship prosperity mean you serve two masters, and then you don’t love God with all your heart, with all your soul, and with all your mind. That is blasphemy. Read again and again and again Matthew 22:37, Deuteronomy 6:5, and Matthew 6:24.
That is the message: be hurry be hurry to repent and receive Me, Jesus Christ, all corners of the world. Read again Isaiah 45:22-25. You should know that Twelve Gates are already opened. The meaning of Twelve Gates is a book contain a guide to repent and receive Me, Jesus Christ, translated into more than 30 languages. The book contain eleven chapters and one chapter, each include four to six language. You should know that Me, Jesus Christ, will come again very very soon, and that is why: be hurry be hurry to repent and receive Me, Jesus Christ, all corners of the world.
This article is written by Me, Jesus Christ. Me allow you to read this article in order you can read and repent and receive Me, Jesus Christ, and do your repentance properly. Me allow My messenger, that is this writer, to type this article in order you can repent and do your repentance properly.

URL: http://Guidetorepent.blogspot.com, http://www.esnips.com/web/RepentanceGuide
Link:
Murray N. Rothbard (1956) Toward a reconstruction of utility and welfare economy. Reprinted in M.N. Rothbard, The logic of action one: method, money, and the Austrian school. Edward Elgar, London, 1997, pp. 211-255. URL: http://mises.org/rothbard/toward.pdf