The Truth About Today’s Economic And Political Scenes

A characteristic of the truth is that it is not recognizable when it is presented. The truth is dismissed as if it were invisible or just as if nothing was said. With that said, I am going to try it again. Here it is.
One characteristic of animals acting out of instinct is that the animals are not aware they are acting out of instinct. Human beings are no exception. Very often the options people make with respect to choosing elected representatives defy any logical explanation. Then once in office elected officials act in ways no one ever expects. If all of this is confusing, it doesn’t have to be.
Assume that each person is autonomous and acts strictly out of reason and the confusion will continue. Come to realize that much of what happens in society is the result of people behaving instinctively and the confusion starts to disappear.
Ask the simple question, are people autonomous in what they think and do? The answer is that they have the potential to be autonomous, but only operate with autonomy occasionally. Human beings are herd animals first and autonomous beings secondly. Where public life is concerned people have strong biases that cause them to empower government. The urge to have government solidly in charge of their future is so strong, they assume that government has powers reserved only for the super natural. Belief is that government can do such things as creating jobs and that there are experts in government who can solve all problems. That is one reason why the growth is so hard to contain.
Also, much like the social structure of an ant some people are born to perform specialized functions. A small fraction of any population, perhaps five percent are born to compete with each other to be kings or queens. These sorts have an uncontrollable compulsion to manage the affairs of other people. They are also sociopaths. Their need to obtain and hold power is so overwhelming that for them that seeking power is not a choice. Managing your life and your activities is their reason for living.
To king and queen hopefuls democracy has become the stage upon which they compete with one another for power. Mainstream economists operate on the basis that the profit motive is the only driving force in a market based economy. A closer look reveals that the thirst for power is an even greater motivating force and serves as a constant distortion. To be elected to office, the kings and queens must convince you that through them government will do more for you than you are willing to do for yourselves.
The completion for power has evolved to such an intense level that promises are being routinely made to have government do things that cannot be done. The kings and queens have transcended the possible and are now promising for government do the impossible.
The consequence of using democracy to compete for power for all of these years has been to create an dangerously lopsided income distribution and a terribly inefficient allocation distribution of resources. This makes the collapse of our system inevitable. The depression that is coming will be catastrophic.

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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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