Thank You Black Americans

BALTIMORE, MD - ARPIL 21:  Protestors participate in a vigil for Freddie Gray down the street from the Baltimore Police Department's Western District police station, April 21, 2015 in Baltimore, Maryland.  Gray, 25, died from spinal injuries on April 19, one week after being taken into police custody. (Photo by Drew Angerer/Getty Images)Who has the guts to stand up to authority? It is certainly not middle class whites and other prosperous ethnic groups. Our founding fathers founded this country on the basis of lack of trust for government. So blacks in Ferguson, Baltimore, New York and other places take to the streets because they don’t trust the police. Distrust of authority is the most important factor in maintaining freedom and is the exact principle on which the United States was founded.

Isn’t it interesting that the only group of American who had no rights in the beginning are now carrying the water for the rest of the country in standing up to authority. Perhaps they have become distressed enough to notice that all important things that happen in government are caused by pressure from outside the system. Without money to buy results in congress, perhaps they reason that demonstrating in public is their best option.

Why would a black American try to accomplish anything through the formal system? We all have short memories when it comes to things we would rather not remember. Is the United States a terrorist nation? I would say, not now but we used to be. I don’t know for sure, but I think there were lynchings as late as the 1950s and 1960s. Is lynching not terrorism? Things like this are not that easy to forget for the people who were abused. When a lynching occurred, law enforcement looked the other way. The lynchings were not once in a while. There were lots of them. Sure these things were a while back but I think blacks would be stupid to forget and go on as if nothing happened. I don’t think it is reasonable to expect to expect black people to have the same trust of law enforcement as other Americans.

This is not the same as carrying on a vicious vendetta against the rest of the country. Blacks have experienced the brutality a government can inflict and probably understand a lot better why the founding fathers didn’t trust government. Distrust of government is prudent.00_logo_1

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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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