A Brand New Wonderful War

A Brand New Wonderful War PDF Version
Here are some questions I asked myself. I wonder how other Americans answer them?

I ask myself :

What do I know about the ins and outs of politics in Russia or the Ukraine?

Almost nothing, I haven’t been focused on that part of the world.

What do I know about Vladimir Putin, President of Russia?

Just from observation, I believe he is the best politician among world leaders today… but, other than that – very little.

What do I know about Volodymyr Zelenskyy, president of the Ukraine?

Less even than I know about Putin , other than he is said to be just as corrupt as Putin. I have no special information.

What do I know about NATO?

NATO is a defense treaty but nowadays it is used as a tool to gain economic power for its members.

What do I know about war in general?

Probably a little more than the average economist. I do know that wars are generally fought for economic reasons.

Who is better off because we fought the Vietnam war?

Certainly not everyone on both sides including civilians.

Who is better off because we fought the first Gulf war?

Perhaps rich Kuwaiti citizens. Other than that , I don’t know much.

Who is better off because we fought the war in Afganistan?

A lot of people were killed, but I can’t think of much we gained from it.

Who is better off because we fought the 2nd Gulf war?

Gosh – that one caused a lot of havoc….. and still is.

How many of these wars made U.S. citizens Americans safer?


How often do countries with failed economies and enormous debt – both public and private, start wars …. so as to not experience any reckoning?

The economy in the United State cannot be moved higher anymore with QE or any stimulus. Why not start a war, convert to a war economy for the duration ….and maintain GDP that way for a while? We had a war time economy during WWII. It performed a whole lot better than was the case during the 30s.

There is very high public support for the U.S. being involved in the Ukraine war – almost universal, at higher levels.

Gee, I really don’t know much , do I.? How much do you know?

I do know , that I do not know. That makes me feel empowered, strangely. How is that? I know for sure that I don’t know enough to jump on a bandwagon with other Americans who support the Ukrainian side.

How about you? What do you know that I don’t know?

How many of you trust everything you are told by our leaders?

So, are you folks ready to fight?






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About Fantasy Free Economics

James Quillian independent scholar,free market economist,and teacher of natural law. Who is James Quillian? Certainly I am nobody special, Just a tireless academic and deep thinker. Besides that, I have broken the code with respect to economics and political science. Credentials? Nothing you would be impressed with. I am not a household name. It is hard to become famous writing that virtually no one in the country is genuinely not in touch with reality. But, if I did not do that, there would be no point in my broking the broken the code. If you read the blog, it is easy to see that there are just a few charts, no math and no quantitative analysis. That is not by accident. Given what I know, those items are completely useless. I do turn out to be highly adept at applying natural law. Natural law has predominance over any principles the social science comes up. By virtue of understanding natural law, I can debunk, in just a few sentences , any theory that calls for intervention by a government. My taking the time to understand the ins and outs of Keynes General Theory is about like expecting a chemistry student to completely grasp all that the alchemists of the middle ages thought they understood in efforts to turn base metals into goal. Keynesian theory clearly calls for complete objectivity. Government can only make political decisions. Keynesian techniques call for economic decisions. So, why go any further with that? Fantasy Free Economics is in a sense a lot like technical analysis. Technical analysis began with the premise that it was impossible to gain enough information studying fundamentals to gain a trading advantage. Study the behavior of investors instead. Unlike technical analysis, I don't use technical charts. What I understand are the incentives of different people and entities active in the economics arena. For example, there is no such thing as an incentive to serve with life in the aggregate. In the aggregate, only self interest applies. It is routinely assumed otherwise. That is highly unappealing. But, I am sorry. That is the way it is. I can accept that because I am genuinely in touch with reality. Step one in using Fantasy Free Economics is for me to understand just how little I really know. A highly credentialed economist may know 100 times what I do based on the standard dogma. Compare the knowledge each of us has compared to all there is to know and we both look like we know nothing at all. There is always more than we don't know than what we do know. I am humble enough to present myself on that basis. Why? That is the way it is. I am not bad at math. I have taught math. What I understand is when to use it and when to rely on something else. Math is useless in natural law so I don't use it. While others look at numbers, I am busy understanding the forces in nature that makes their numbers what they are. That gives me a clear advantage.
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