Role of Government

Download PDF Version                                                                           July 28 2019

One of the basics of Fantasy Free Economics is that institutions and individuals are treated according to how they function and not how they are defined. So, it is natural that I explain the role of government in a different light than is generally popular.

What is the role of government in our lives? Government is always given a lofty definition and noble purpose. The one below is typical.

“The role of government is to balance communal and individual good. This is only possible when society is governed by the principles of morality and justice, law and order, under one G-d — The Rebbe. Over the centuries, the human race has experimented with many forms of government. The Meaningful Life Center”

Something like the above may be the legitimate role of government but how many lifetimes need a person live before any government in the world is witnessed performing that role? How many governments in the history of the world devoted time and energy to balancing communal and individual good? I can’t think of any. Perhaps you can. There may be an outlier in the universe that I have missed. Is the government of the United States balancing communal and individual good? Has it ever?

The disciplines of economics and political science are constructed around lofty definitions of government and it is treated as normal that governments do these things. Actually, it would be abnormal for any government to do such things. What is studied are systems that don’t exist in the real world.

So, what is the role of government in society? The role of government is what it does, who is serves and what it accomplishes.  Right now, the United States government is used to organize the population, homogenize opinions, and pass laws that transfer wealth and income from citizens without political power to more influential citizens with massive political power.

We are currently on the eve of an enormous economic crisis. It is important that ordinary people understand that the ostensible purpose of government is completely different than the purposes it is used for. Do not expect the country’s leaders to respond in ways that will improve life for ordinary people. Representation in government is transferable. Voters elect representatives but with respect to actual representation, they get outbid almost immediately after an election is over.

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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Fantasy Free Economics recommends the following blogs.

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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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