How We Create Our Own Corruption

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Why do Americans complain about corruption? Americans create their own corruption. Power does not magically appear. It must be created. A person who wants power must create it himself or have others give it to him. Anytime a government agency is established, power is created. Anytime a law is passed, power is created.

Does power corrupt? Are there any exceptions? I don’t know of any exceptions. Do you? Perhaps an exception can be found, but just one case would not be enough to qualify as a counter example.

So, what do we do collectively when we need to solve one of society’s problems? We empower people and organizations in an effort to solve the problem.  We create power and the power we create becomes corrupt. The more power we create. The more corruption we create.

How much corruption we have in government really depends upon how much we wish to have. There is a huge difference between being anti government and anti corruption. It turns out that the only way to reduce corruption is to reduce power. The obvious way to do that is to have less of what creates corruption naturally. This is not easy to do. Another point of natural law is that power is never relinquished voluntarily. Once power is established it can only be removed by force, even if it is through a gentle force like voting. The powerful will never leave on their own.

Mainstream economics disregards natural law. Mainstream economics would assume, that a person such as a member of the Open Market Committee, or the Chairman of the Federal Reserve is no more corrupt after taking the position than they were before taking the job.

The fact is that the more power a position has, the more corrupt the position holder will be. The longer an institution exists, the more corrupt it will become. The less concern the voting public shows in reining in authority the more corrupt the authority will be.

So, by deciding how much power we wish to create and let grow, we are deciding how much corruption we are going to have. The problem here is there is a complete lack of awareness that we are making a choice. Perhaps it would be helpful to create more awareness.

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.

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Woodpiler Report Of Two Minds Liberty Blitzkrieg Mises Institute Straight Line Logic Paul Craig Roberts

 

 

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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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