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Page 1: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites
Page 2: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

PART I: Observation from PART I: Observation from ScriptureScripture

Page 3: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

Trade Cycles in the Book of Trade Cycles in the Book of MormonMormon

THE BOOK OF HELAMANTHE BOOK OF HELAMANCHAPTER 6, from the chapter CHAPTER 6, from the chapter

heading.heading.

The righteous Lamanites preach to the The righteous Lamanites preach to the wicked Nephites. Both peoples wicked Nephites. Both peoples prosper during an era of peace and prosper during an era of peace and plenty. [Between 29 and 24 B.C.] plenty. [Between 29 and 24 B.C.]

Page 4: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

Trade Cycles in the Book of Trade Cycles in the Book of MormonMormon

1 AND it came to pass that when the sixty 1 AND it came to pass that when the sixty and second year of the reign of the judges and second year of the reign of the judges had ended, all these things had happened had ended, all these things had happened and the Lamanites had become, the more and the Lamanites had become, the more part of them, a righteous people, insomuch part of them, a righteous people, insomuch that their righteousness did exceed that of that their righteousness did exceed that of the Nephites, because of their firmness and the Nephites, because of their firmness and their steadiness in the faith.their steadiness in the faith.

Page 5: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

Trade Cycles in the Book of Trade Cycles in the Book of MormonMormon

6 And it came to pass that many of 6 And it came to pass that many of the Lamanites did go into the land the Lamanites did go into the land northward; and also Nephi and Lehi northward; and also Nephi and Lehi went into the land northward, to went into the land northward, to preach unto the people. And thus preach unto the people. And thus ended the sixty and third year.ended the sixty and third year.

Page 6: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

Trade Cycles in the Book of Trade Cycles in the Book of MormonMormon

7 And behold, there was peace in all 7 And behold, there was peace in all the land, insomuch that the Nephites the land, insomuch that the Nephites did go into whatsoever part of the did go into whatsoever part of the land they would, whether among the land they would, whether among the Nephites or the Lamanites.Nephites or the Lamanites.

Page 7: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

Trade Cycles in the Book of Trade Cycles in the Book of MormonMormon

8 And it came to pass that the 8 And it came to pass that the Lamanites did also go whithersoever Lamanites did also go whithersoever they would, whether it were among the they would, whether it were among the Lamanites or among the Nephites; and Lamanites or among the Nephites; and thus they did have free intercourse one thus they did have free intercourse one with another, to buy and to sell, and to with another, to buy and to sell, and to get gain, according to their desire.get gain, according to their desire.

Page 8: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

Trade Cycles in the Book of Trade Cycles in the Book of MormonMormon

9 And it came to pass that they 9 And it came to pass that they became exceedingly rich, both the became exceedingly rich, both the Lamanites and the Nephites; and Lamanites and the Nephites; and they did have an exceeding plenty of they did have an exceeding plenty of gold, and of silver, and of all manner gold, and of silver, and of all manner of precious metals, both in the land of precious metals, both in the land south and in the land north.south and in the land north.

Page 9: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

Trade Cycles in the Book of Trade Cycles in the Book of MormonMormon

10 Now the land south was called Lehi 10 Now the land south was called Lehi and the land north was called Mulek, and the land north was called Mulek, which was after the son of Zedekiah; which was after the son of Zedekiah; for the Lord did bring Mulek into the for the Lord did bring Mulek into the land north, and Lehi into the land land north, and Lehi into the land south.south.

Page 10: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

Trade Cycles in the Book of Trade Cycles in the Book of MormonMormon

11 And behold, there was all manner 11 And behold, there was all manner of gold in both these lands, and of of gold in both these lands, and of silver, and of precious ore of every silver, and of precious ore of every kind; and there were also curious kind; and there were also curious workmen, who did work all kinds of workmen, who did work all kinds of ore and did refine it; and thus they ore and did refine it; and thus they did become rich.did become rich.

Page 11: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

Trade Cycles in the Book of Trade Cycles in the Book of MormonMormon

13 Behold their women did toil and 13 Behold their women did toil and spin, and did make all manner of spin, and did make all manner of cloth, of fine‑twined linen and cloth cloth, of fine‑twined linen and cloth of every kind, to clothe their of every kind, to clothe their nakedness. And thus the sixty and nakedness. And thus the sixty and fourth year did pass away in peace.fourth year did pass away in peace.

Page 12: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

Trade Cycles in the Book of Trade Cycles in the Book of MormonMormon

15 And it came to pass that in the sixty 15 And it came to pass that in the sixty and sixth year of the reign of the and sixth year of the reign of the judges, behold, Cezoram was murdered judges, behold, Cezoram was murdered by an unknown hand as he sat upon by an unknown hand as he sat upon the judgment‑seat. And it came to pass the judgment‑seat. And it came to pass that in the same year, that his son, who that in the same year, that his son, who had been appointed by the people in had been appointed by the people in his stead, was also murdered. And thus his stead, was also murdered. And thus ended the sixty and sixth year.ended the sixty and sixth year.

Page 13: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

Trade Cycles in the Book of Trade Cycles in the Book of MormonMormon

16 And in the commencement of the 16 And in the commencement of the sixty and seventh year the people sixty and seventh year the people began to grow exceedingly wicked began to grow exceedingly wicked again.again.

Page 14: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

Trade Cycles in the Book of Trade Cycles in the Book of MormonMormon

17 For behold, the Lord had blessed them so 17 For behold, the Lord had blessed them so long with the riches of the world that they long with the riches of the world that they had not been stirred up to anger, to wars, had not been stirred up to anger, to wars, nor to bloodshed; therefore they began to nor to bloodshed; therefore they began to set their hearts upon their riches; yea, they set their hearts upon their riches; yea, they began to seek to get gain that they might began to seek to get gain that they might be lifted up one above another; therefore be lifted up one above another; therefore they began to commit secret murders, and they began to commit secret murders, and to rob and to plunder, that they might get to rob and to plunder, that they might get gain.gain.

Page 15: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

Emer, Coriantum, and ComEmer, Coriantum, and Com

Ether 9Ether 914. And it came to pass that Omer began to be old; 14. And it came to pass that Omer began to be old; nevertheless, in his old age he begat Emer; and he nevertheless, in his old age he begat Emer; and he anointed Emer to be king to reign in his stead.anointed Emer to be king to reign in his stead.

15. And after that he had anointed Emer to be king 15. And after that he had anointed Emer to be king he saw peace in the land for the space of two years, he saw peace in the land for the space of two years, and he died, having seen exceedingly many days, and he died, having seen exceedingly many days, which were full of sorrow. And it came to pass that which were full of sorrow. And it came to pass that Emer did reign in his stead, and did fill the steps of Emer did reign in his stead, and did fill the steps of his father.his father.

Page 16: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

Emer, Coriantum, and ComEmer, Coriantum, and Com

1616 And…the house of Emer did prosper And…the house of Emer did prosper exceedingly under the reign of Emer; exceedingly under the reign of Emer; and in the space of sixty and two and in the space of sixty and two years they had become exceedingly years they had become exceedingly strong, insomuch that they became strong, insomuch that they became exceedingly rich—exceedingly rich—

Page 17: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

Emer, Coriantum, and ComEmer, Coriantum, and Com

17.17. Having all manner of fruit, and of Having all manner of fruit, and of grain, and of silks, and of fine linen, grain, and of silks, and of fine linen, and of gold, and of silver, and of and of gold, and of silver, and of precious things;precious things;

18.18. And also all manner of cattle, of  And also all manner of cattle, of oxen, and cows, and of sheep, and of oxen, and cows, and of sheep, and of swine, and of goats, and also many swine, and of goats, and also many other kinds of animals which were other kinds of animals which were useful for the food of man.useful for the food of man.

Page 18: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

Emer, Coriantum, and ComEmer, Coriantum, and Com

21.21. And Emer did execute judgment in And Emer did execute judgment in righteousness all his days, and he righteousness all his days, and he begat many sons and daughters; and begat many sons and daughters; and he begat Coriantum, and he anointed he begat Coriantum, and he anointed Coriantum to reign in his stead.Coriantum to reign in his stead.

Page 19: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

Emer, Coriantum, and ComEmer, Coriantum, and Com

23.23. And it came to pass that Coriantum And it came to pass that Coriantum did walk in the steps of his father, did walk in the steps of his father, and did build many mighty cities, and and did build many mighty cities, and did administer that which was good did administer that which was good unto his people in all his days. And it unto his people in all his days. And it came to pass that he had no children came to pass that he had no children even until he was exceedingly old.even until he was exceedingly old.

Page 20: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

Emer, Coriantum, and ComEmer, Coriantum, and Com

25.25. And it came to pass that he begat  And it came to pass that he begat Com, and Com reigned in his stead; Com, and Com reigned in his stead; and he reigned forty and nine years, and he reigned forty and nine years, and he begat Heth; and he also and he begat Heth; and he also begat other sons and daughters.begat other sons and daughters.

Page 21: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

Trade Cycles in the Book of Trade Cycles in the Book of MormonMormon

Ether, Chapter 10Ether, Chapter 10 19.19. And it came to pass that Lib also did that And it came to pass that Lib also did that

which was good in the sight of the Lord. which was good in the sight of the Lord. 20.20. And they built a great city by the narrow And they built a great city by the narrow neck of land, by the place where the sea neck of land, by the place where the sea divides the land. divides the land. 22.22. And they were And they were exceedingly industrious, and they did buy exceedingly industrious, and they did buy and sell and traffic one with another, that and sell and traffic one with another, that they might get gain.they might get gain.

Page 22: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

Trade Cycles in the Book of Trade Cycles in the Book of MormonMormon

Ether, Chapter 10Ether, Chapter 1023.23. And they did work in all manner of ore, And they did work in all manner of ore,

and they did make gold, and silver, and and they did make gold, and silver, and iron, and brass, and all manner of metals; iron, and brass, and all manner of metals; and they did dig it out of the earth; and they did dig it out of the earth; wherefore, they did cast up mighty heaps of wherefore, they did cast up mighty heaps of earth to get ore, of gold, and of silver, and earth to get ore, of gold, and of silver, and of iron, and of copper. And they did work all of iron, and of copper. And they did work all manner of fine work.manner of fine work.

Page 23: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

Trade Cycles in the Book of Trade Cycles in the Book of MormonMormon

Ether, Chapter 10Ether, Chapter 102525. And they did make all manner of . And they did make all manner of

tools to till the earth, both to plow tools to till the earth, both to plow and to sow, to reap and to hoe, and and to sow, to reap and to hoe, and also to thrash. 27. And they did also to thrash. 27. And they did make all manner of weapons of war. make all manner of weapons of war. And they did work all manner of work And they did work all manner of work of exceedingly curious workmanship. of exceedingly curious workmanship.

Page 24: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

Trade Cycles in the Book of Trade Cycles in the Book of MormonMormon

Ether, Chapter 10Ether, Chapter 1028.28. And never could be a people more And never could be a people more

blessed than were they, and more blessed than were they, and more prospered by the hand of the Lord. And prospered by the hand of the Lord. And they were in a land that was choice they were in a land that was choice above all lands, for the Lord had spoken above all lands, for the Lord had spoken it.it.29.29. And it came to pass that Lib did live And it came to pass that Lib did live many years, and begat sons and many years, and begat sons and daughters; and he also begat daughters; and he also begat Hearthom.Hearthom.

Page 25: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

Trade Cycles in the Book of Trade Cycles in the Book of MormonMormon

Ether, Chapter 10Ether, Chapter 1031.31. And he begat Heth, and Heth lived in And he begat Heth, and Heth lived in captivity all his days. And Heth begat Aaron, captivity all his days. And Heth begat Aaron, and Aaron dwelt in captivity all his days; and and Aaron dwelt in captivity all his days; and he begat Amnigaddah, and Amnigaddah also he begat Amnigaddah, and Amnigaddah also dwelt in captivity all his days; and he begat dwelt in captivity all his days; and he begat Coriantum, and Coriantum dwelt in captivity Coriantum, and Coriantum dwelt in captivity all his days; and he begat Com.all his days; and he begat Com.

(By the time we get to Com, all of the Jaredites (By the time we get to Com, all of the Jaredites had become wicked. PJB)had become wicked. PJB)

Page 26: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

PART II:PART II:

OBSERVATIONS FROM OBSERVATIONS FROM THE SOVIET ERATHE SOVIET ERA

Page 27: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

The EmbargoThe Embargo

• In the period directly after the 1917 In the period directly after the 1917 revolution, the western nations revolution, the western nations embargoed the hostile Soviets and embargoed the hostile Soviets and aided the “White” faction financially aided the “White” faction financially to promote a counter-revolution to promote a counter-revolution against the “Red” faction while Lenin against the “Red” faction while Lenin consolidated power.consolidated power.

Page 28: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

The EmbargoThe Embargo

• The Soviets were in abysmal The Soviets were in abysmal conditions financially, but they conditions financially, but they neither wanted nor sought outside neither wanted nor sought outside assistance.assistance.

• To be dependent on hostile To be dependent on hostile capitalists for trade or aid had no capitalists for trade or aid had no appeal.appeal.

Page 29: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

Rediscovering RicardoRediscovering Ricardo• Through the regimes of Stalin and Through the regimes of Stalin and

into the Khruschev era, the only into the Khruschev era, the only cooperation enjoyed by the Soviets cooperation enjoyed by the Soviets was with the CEMA states of the was with the CEMA states of the Soviet Bloc.Soviet Bloc.

• As plan failure began to be apparent, As plan failure began to be apparent, it occurred to the Soviets that they it occurred to the Soviets that they could greatly benefit by participating could greatly benefit by participating in international trade. They invited in international trade. They invited western businessmen to invest.western businessmen to invest.

Page 30: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

Rediscovering RicardoRediscovering Ricardo• It was already basically too late. It was already basically too late.

• Planning problems meant that the Planning problems meant that the quality of most Soviet products was quality of most Soviet products was not adequate for western markets.not adequate for western markets.

• Planning rigidities meant that after Planning rigidities meant that after the publication of the annual and the publication of the annual and five-year plans, all prospective five-year plans, all prospective production was committed to the production was committed to the domestic plan and to the socialist domestic plan and to the socialist brother countries of CMEA.brother countries of CMEA.

Page 31: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

Soviet Isolation from World Soviet Isolation from World MarketsMarkets

• Lacking competitive interaction with Lacking competitive interaction with world markets, the planned economy world markets, the planned economy could not benefit from the healthy could not benefit from the healthy stimulus of competition.stimulus of competition.

Page 32: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

PART IIIPART III

OBSERVATIONS FROM OBSERVATIONS FROM THE EECTHE EEC

Page 33: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

From the ECSC OnwardFrom the ECSC Onward

• When France, Germany, Italy, and When France, Germany, Italy, and the Benelux Countries decided to the Benelux Countries decided to begin an integration experiment, begin an integration experiment, countries around the periphery of countries around the periphery of central Europe watched with interest.central Europe watched with interest.

Page 34: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

From the ECSC OnwardFrom the ECSC Onward

• But not with excessive interest.But not with excessive interest.

• They were unwilling to join the EEC They were unwilling to join the EEC whenwhen

it was formed in 1957. But they were it was formed in 1957. But they were impressed with the rapid recovery and impressed with the rapid recovery and economic growth of the ECSC countries, economic growth of the ECSC countries, so they decided they would form a so they decided they would form a more modest arrangement of their own.more modest arrangement of their own.

Page 35: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

Founding the EFTAFounding the EFTA

• In 1960 at the Stockholm In 1960 at the Stockholm Convention, the European Free Trade Convention, the European Free Trade Area (EFTA) was established.Area (EFTA) was established.

• Participants were Austria, Denmark, Participants were Austria, Denmark, Norway, Portugal, Sweden, Norway, Portugal, Sweden, Switzerland and the United Kingdom.Switzerland and the United Kingdom.

Page 36: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

Founding The EFTAFounding The EFTA

• This was a good compromise for This was a good compromise for England, a country which wished to England, a country which wished to preserve a “special relationship” with preserve a “special relationship” with the U.S., yet be a part of its the U.S., yet be a part of its European neighbors in a less European neighbors in a less intensive institutional arrangement.intensive institutional arrangement.

Page 37: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

Spectacular EEC SuccessSpectacular EEC Success

• The economic growth of EEC markets The economic growth of EEC markets surprised and impressed the world. surprised and impressed the world. The EFTA countries felt themselves The EFTA countries felt themselves falling behind rapidly. The EEC began falling behind rapidly. The EEC began to incorporate EFTA members. The to incorporate EFTA members. The UK was for a long time a holdout.UK was for a long time a holdout.

Page 38: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

Spectacular EEC SuccessSpectacular EEC Success

• In 1972-73 Denmark, Ireland, and the UK In 1972-73 Denmark, Ireland, and the UK joined the EC, converting the six into joined the EC, converting the six into nine.nine.

• Trade within the EEC grew twice as fast Trade within the EEC grew twice as fast as world trade as a whole during the as world trade as a whole during the 1960s. Drastic economic dislocation did 1960s. Drastic economic dislocation did not occur, all parties benefited. As the not occur, all parties benefited. As the area of free trade expanded, the benefits area of free trade expanded, the benefits of economic growth were enjoyed.of economic growth were enjoyed.

Page 39: PART I: Observation from Scripture Trade Cycles in the Book of Mormon THE BOOK OF HELAMAN CHAPTER 6, from the chapter heading. The righteous Lamanites

Large Markets Are Large Markets Are BeneficialBeneficial

• The Europeans have perceived that U.S. The Europeans have perceived that U.S. growth and prosperity have largely been growth and prosperity have largely been the result of having a large market with the result of having a large market with a single currency and trade regulations.a single currency and trade regulations.

• For this we are indebted to the founding For this we are indebted to the founding fathers and Abraham Lincoln, who were fathers and Abraham Lincoln, who were determined to keep the country unified determined to keep the country unified as “one nation under God.”as “one nation under God.”