Accidents Can Happen

imagesVJ3Q2JK7The way evolution works is that some accidents are better than others. When an accident occurs in the biology of a species and it results in a greater ability to survive, it evolves into a new genetic standard. It works the same way with individual and group behaviors.

Notions of democracy had already taken root in England when colonies were established in America. Every time freedom increased, so did economic prosperity. It was the nature of the new land that independent living became a necessity among settlers. Self government evolved naturally. Self government worked better than serving a king but it hasn’t worked perfectly.

Behavior in groups is instinctive. While governments began operating in line with democratic principals, citizens were still mentally comfortable in serving a king. Instinctive behavior can be over-ridden but people are completely uncomfortable in doing it that way. People are willing to elect representatives but they relate to them as if they were kings or queens.  While constituents are charged with controlling government, mentally they are looking for the kindest master.

In 2016, it is extremely important to know what to expect from voters. Intriguing ideas will flourish but votes will be cast in keeping with  instinctive beliefs which are more powerful than beliefs established by intellect. All people will deny making instinctive decisions. All will claim to be thinking individually but they won’t be.

Instinctively, government is seen as having magical powers. According to instinctive reasoning government can fulfill any fantasy. Voters will believe anything they are promised. Instinctive beliefs still determine the outcome of elections.

Despite centuries of failures and not one success in over 50,000 years, voters will trust government to intervene in the economy. Voters will believe that wars are fought to insure their freedom when there is no evidence that this is the case. The worse the economy gets, the more citizens will trust government to fix it. Of course, embracing free market principles would cause improvements by leaps and bounds. But, instinct guides citizens to put government in charge of the economy. This is sad but that is the way it works.

Here is Curbside Jimmy’s Sweet Suzie’s Kiil-Aid.
Sweet Suzie’s Kool-Aid

This entry was posted in Daily Comments on by .

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.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.