What is wrong with the twelve key elements of economics and it's approximate 61 postulates, theorems, and assumptions? If we take just a slice of history, a history that repeats itself, the results are enough to prove the failure of economics, as it only benefits a small percent of the whole of humanity. For example, in the past 11 years in the USA there is no empirical evidence of economic laws and regulations having value for nearly "80%" of the people of the United States. In some form or another there has always been formally or informally a Law of Economics. It always results in class, cast, haves and have nots with the individuals that do the work used as slaves, indentured servants, peasants, surfs, or the lower and middle classes. The author's thoughts and contribution to these problems of the LOE / Economic Science and America's side stepping the protection of all its citizens have been included in this book. Also included are thoughts, statements, examples, and consequences of the path we are on, if nothing is to be done. Any solution will require rethinking the roles of jobs and worker's contribution overall, as part of a conscience-driven process of playing fair. Many of those who prosper, or do not prosper from the law of economics sincerely believe in a false notion as expressed in the Book of Mormon. In this example a non-believer is speaking against the idea of Godly attributes or our universal attributes, and it indicates the path taken by them justifying their barbarous actions. The lack of analysis of the issue stems from everyone being infatuated by the dream, called the American dream. The dream no longer means having your own home and family. Rather it is a selfish dream that one day all will be subject to their desires and make riches come true for them individually, even if it is at the expense of everyone else.