The concept of Fantasy Free Economics is based on recognizing the very few absolutely true observations we can about the world we live in. Then we approach life. We never let others convince us that these basic things are untrue. The most profound observation we make is that life is governed and regulated by a system of dominance and subservience. On top of that we make more simple observations, give up fantasies and euphemisms, then look out our windows and see what is going on. Without the handicap of trying to discern reality while looking through the self made prism of fantasy, first impressions have a very high probability of being accurate in terms of what is good, bad, useful, truthful, dangerous, opportunies and so on. Only without fantasy can we accurately access the honesty of public figures and tell their personal or secretive motives. Fantasy serves you in that it is often the source of happiness. Fantasy also enslaves you because anyone who supports and validates your fantasies is likely to become your master, Good salesmen motivate you by working your fantasies.
So, what has James Quillian accomplished by using the principles of Fantasy Free Economics? I immediately debunked every aggregate economic theory that is used in making economic policy. Every theory is based on flawed and erroneous assumptions about human behavior. All aggregate economic theories assume, a Keynes invented character, the straw man. Straw man means completely objective and totally unbiased. Such an entity does not exist in nature. In all of economics, it is assumed that human nature changes when a person leaves the private sector and becomes employed in the public sector. Nothing about a person’s personality changes when a government job is taken.
So, when aggregate economic policy is implemented it is done in a way that is in the self interest of of the highly anointed, appointed “straw man.” Also influential are anyone and everybody with lots of political power. Decisions are made in keeping with the self interest of those who implement the policies as well as the politically powerful who lobby for collective action. Benefit to the economy is the ostensible reason for public policies but there is no way the whole country benefits. Being fantasy free, we know that aggregate economic policy is going to benefit those at the top of the political structure. There is no chance Federal Reserve Policy will ever do anything other than transfer wealth from the bottom of the food chain to the top. A simple observation debunks all of the central planning theories which determine Federal Reserve policy and fiscal policy. The theories are based on erroneous assumptions. They have no way to work.
A second aspect of Fantasy Free Economics is acknowledging how little we or anyone else actually knows. Mostly experts are paid for the pretense of knowledge. Generally we are better off not taking speculations as the truth and just observing what we don’t understand in the light of reality. We may not understand it but we can know how to deal with it. With that, I will introduce the theory of human broadcasting and receiving.
Spoken and written language are mostly treated as the only means of communication the human species has. That is not possible. Speech evolved over a long period of time, Before that human beings communicated in other ways. Language is not really that efficient in terms of transmitting accurate information. Say the word chair in a group of people. Each person will have a different mental picture of a chair. There are deeper understandings and those understandings lie deeper within you than anywhere language can reach.
Every human being broadcasts a mental picture of his inner essence. I have no insight with respect of the physics involved in the process. All humans have some capacity to mentally receive mental broadcasts. The process is very subtle, and neither broadcaster or receiver is aware that anything is happening. It is well established that what a person experiences at the conscious level is only a tiny fraction of the communication that goes on withing a person’s body. There are strong arguments to the effect that communication is ongoing at the spiritual level also.
It is more naive than not naive to believe communication takes place only when words are used. The possibilities to the contrary are unlimited. You have heard is said that one person or another has charisma. That charisma comes from what the individual broadcasts. Someone who is down and depressed broadcasts that. This is why a person who needs friends can’t find friends. This happens completely beneath the awareness of all who are involved.
What happens on an individual basis also occurs on a collective basis. Within a huge country like the United States, the the mental essence of like minded people to sort of like minded people combines into aggregate waves that actually effect behavior. On occasions like 911, people noticed they were responding in ways they never would have expected. I personally remember feeling this notion that I needed to completely trust my country’s leadership. Believe me, that is not a posture I would naturally be inclined to assume. Clearly there was something in the air. There is always something in the air. It is just not easy to notice.
Why is this theory of human broadcasting and receiving important right now? Some notice and some don’t but the integrity of all of the world’s political and economic systems is extremely shaky these days. When will the prevailing social order break down. Lets hope for a miracle and that it doesn’t. At times like this, the likelihood of a sudden massive shift in what is broadcast mentally by various factions is highly elevated. The reality gap in the United States may be higher than it was in Rome close to the fall of the empire. When a reality gap closes it doesn’t do so gently. The reality gap slams shut. When the collective mindset of the public changes in this kind of situation, it is likely to happen suddenly and will likely result in chaos.
Theories are interesting and it is funny how they are used. A theory has not yet been proved. A theory may not be provable. Often a theory results from someone observing a processes and noticing possible reasons why it turns out a certain way. New theories are hardly ever believed. Skepticism is always good. The fact is that so very little in life is provable, that if we are going to base what we do on anything at all, we must rely on one or more theories.
With respect to the Theory of Human Broadcasting and Receiving, someone is bound to advise me that what I am suggesting is completely impossible. When that is done, the detractor will make reference to another theory which also cannot be proven. Another’s favorite unproven theory will be cited as proof that my theory is flawed.
So, what good is a theory? Life is a series of choices. Information is lacking. In the present moment, usually there is no information at all. When we make decisions, those decisions are normally based on one theory or another. With respect to my own theories and some by others, I act on the basis that they are true. There is just very little certainty in the universe.
The truth is a hard sell. Fantasy Free Economics gains readers one at a time. Major search engines simply do not list blogs which disagree with their political agenda. As long as folks share the link to this blog and others speaking out against the grain, the truth will at least trickle into the public consciousness.
Fantasy Free Economics recommends the following blogs.
Woodpiler Report Of Two Minds Liberty Blitzkrieg Mises Institute Straight Line Logic Paul Craig Roberts