Wisdomics/Gracenomics would enable the elimination of much of income taxes, virtually all transfer taxes for unemployment insurance and welfare and eventually the phase out of Social Security taxes as well. It would also eliminate or severely reduce the size of these bureaucracies.  Wisdomics/Gracenomics would insure a steady and prosperous supply of income directly to the individual thus radically stabilizing the economy in perpetuity. It would also change the entire vector of the economy from inflationary to deflationary while still retaining profit making systems, and not only retaining the viability of free enterprise, but the increased likelihood of profit by same.

Wisdomics/Gracenomics will not only increase economic democracy, with its universal dividend and price deflationary retail discount policies it will complete it. The coercive threat of unemployment and monetary destitution will be forever ended, and the “reserve army of the unemployed” will no longer enable capital to dominate labor. And neither will labor need to become recalcitrant by making it nearly impossible to fire uncooperative or incompetent employees, but rather concentrate on negotiating a fair distribution of employer profits, improving working conditions and guarding against summary firings.

Wisdomics/Gracenomics will stop the present near necessity to become an oligopolistic corporation with global reach in order to long survive, and make enterprises of all sizes viable if they stay true to the bedrock considerations of efficiency, innovation and service to the consumer. Thus the concept of subsidiarity will be enabled and while “bigness” will still be a possibility for corporations it will not be an imperative for survival.

Wisdomics/Gracenomics will retain Limited Liability for corporations as frivolous and unjustified suits against them will always be a possibility in an imperfect and not thoroughly ethical world. It will however greatly modify corporate “citizenhood” and the coercive power to corrupt government authorities and to direct and control governmental regulation.  Much of this will be the result of the above dividend and discount policies, but again, further firm and clear punishments for the avoiding or violating of those policies or attempting to bribe, threaten or influence government by other unethical methods will be strictly enforced. Corporations and the legal profession will bow to the primary overriding paradigm and zeitgeist of Grace.

Thus will the above thoroughly integrate the best and only the applicable, workable and ethical aspects of the apparently opposing philosophies of liberalism and conservatism.