Which is Right?

BECKLEY — What investment hypothesis is right?

Investments will perform best when the world recognizes that we live in a supernatural world with moral absolutes in which man is fallen with a dualistic nature.   Because of this we exist as a community most effectively with a traditional family, church and state with the highest form of law as natural law and our ideal political state focusing on limited government with justice, order, and freedom as core principles.  Free market stewardship of property is integral to maintain economic prosperity within the sociological framework of traditional family, church and state.

or

Investments will perform best when the world realizes we live in a purely natural/scientific world where morality is relevant to the needs of a time, place, and evolution.  The body and mind are one natural component and humans are able to self-actualize.  As mankind progress along its evolution the need for traditional sociological conventions will change.  The highest power writes the laws for societies needs at the time and for the situation.  Politically the highest achievement is liberalism and the march of mankind towards a self-actualized utopia.  Economically those in power should intervene to shape and evolve the progress of mankind for the benefit of all.