Larry Kudlow, a Fantasy Free Look

Larry Kudlow will now be head of the National Economic Council. What do we know about Larry Kudlow? First what do we need to know? Kudlow is a mainstream economists. That means he favors massive government intervention in the economy. Being a mainstream economist, he skips the fact that economics is the study of the survival of the human species in the secular world. Natural law trumps any human inspired theory. Kudlow will use no natural law. Kudlow will also adhere to the erroneous assumptions about human nature that all pedigreed economists make.

Kudlow has been a member of the news media for many years. The news media is financed through advertising. The news media offers a platform where customers can tell lies in attempts to increase their profit. What is advertising other than glamorized lying?  By studying natural law, we know that there will never be a positive outcome generated by an activity that starts with an act of dishonesty. Does Kudlow tell lies? Of course he does.

Kudlow will be exactly what the Deep State is looking for. From reading we know he is a great believer in supply side theory. He sees stimulus as a role for government to play. Stimulus by government is never anything but theft. If you have money and political power, stimulus is a way to have government stimulate others in ways that make your business even more profitable. The costs to others is never calculated.

So, what do we know about Larry Kudlow? As a card carrying member of the human race, he will be acting out of self interest.  Because he has been so successful working in the media he is not bothered by dishonesty. Because he subscribes to mainstream economic theory, we know he is clueless as to the way the world really works.

But, for the right price he will help you the citizen get what you want from others provided you have adequate money and political power.

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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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