Author Archives: Fantasy Free Economics

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.

Hope Of A V Shaped Recovery

Hope Of A V Shaped Recovery PDF Version

I will explain very briefly why a V shaped recovery is not possible.

Think of the economy as being like a wall mirror that has fallen to the floor and shattered. The mirror can be put back together by gluing each and every piece back together but it won’t function very well as a mirror. It works the same way with the economy now that it has been shattered. It won’t be the same. It won’t be better. It will be a shattered centrally planned economy with few free market influences to set it upright,

The economy that has collapsed is the product of 40+ years of aggressive central planning. That guarantees that the economy would collapse at some point. Central planning in the United States constitutes economics in retrograde. Central economic planning can be increased or decreased. Given the mindset of rejecting both free market and democratic principles, more central planning will undoubtedly be initiated. Continue reading

The Riots And The American Dream

The rioters remind me of and old bad behavior of young boys from years ago would engage in. They would get a rope and tie it to the tails of two individual cats. They would then hang the rope from the close line with the two cats attached to each end. The cats would get into a viscous fight. It was like each cat would blame the other but neither would have the wherewithal to focus on exactly how they got into the situation they were in. Continue reading

Fusion of Government Crime and Religion

Download PDF Version                                                                     November 15.2018

Danger is in plain view but the mind is trained not to notice. Danger itself doesn’t exactly hide. Looking at the world through the prism of fantasy yields danger unrecognizable. Seen through the prism of fantasy, danger appears to be a friend. The notion that government is your friend or even benevolent is comforting but it is only a fantasy. Entertaining that fantasy is comforting but it may also cost you everything you own or even your life. Continue reading

Wall Street and the Mob

Wall Street and the Mob PDF Version                                                    August 27, 2013

For years Wall Street and international banks have been steeling form the public. That public has not minded because they can’t actually see the money coming out of their pockets, so they don’t know who to blame. This may all be for the best because they would have killed to get your money if they had to. There is no high ground in the banking industry. Banking these days is mostly organized crime. Continue reading

Anticipating The Yikes Moment

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When, as is the case today, the value of assets have been generated by a means other than price competition, the the markets of these assets are likely at some point to suddenly collapse.  A yikes moment occurs when multitudes of asset owners suddenly awaken to the fact that their investments are going down no matter what. This discovery is likely to occur all at once.

Recently the entire  oil market experienced a yikes moment. Continue reading

Bringing The Country Together

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Surely you frequently hear candidates profess that they are the one to bring the country together. This is if we are better off with one common goal and that everyone can help make it happen by giving support and cooperating. The idea sure sound good, but is it?

If that sounds like a good idea, it is because you don’t know how or  have forgotten how democracy works and  what what it takes to make it work. Continue reading

The Deep State Exposed

December 1, 2018

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First understand that the Deep State is not a political or philosophical movement. The Deep State is history’s largest and most prolific crime syndicate. Is that clear enough?

The Deep State controls governments and elected officials for the purpose of generating profits for its members. The Deep State’s focus is on the United States because that is still where most of the world’s money is. Today each bill which congress passes is filled with skimming arrangement. Bills like the Affordable Care Act are really nothing but a system of distributing skimming operations to those deemed worthy of participating. Continue reading

The Folly Of Collective Action And National Corona Virus Efforts

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The Corona Virus made its appearance in the United States at a time when governments, corporations and the public are all so highly leveraged that there is no way to save the entire country from economic fall out. The burden of the depression can only be shifted from one socioeconomic class to another.

Does anyone hold the opposite view? Whoever does, please comment and I will respond and explain further and I will explain why you are wrong and promoting your own poverty. Continue reading

Why Things Are The Way They Are Today

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The wheel evolved around 5000 years ago. Notice how life has changed since then. Then there was the advent of the sail. Life completely changed again. There was the development of the steam engine followed by the internal combustion engine followed by flight. Life hasn’t been the same since.  All of these developments greatly enhanced the lifestyles and well being of mankind. Continue reading