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.

Kill Or Be Killed

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Either ordinary citizens kill the largest big tech companies or the big tech firms will kill what is left of democratic principles and free markets. How is it possible to kill a corporation? Only consumers can do that.

It is not hard to notice that the business models of these companies call for censoring the truth. Truth is not is good for business. What their profits depend on are the symbiotic relationships they have with government, the pharmaceutical industry and others as well as their users who function herds they manage. The institutions with symbiotic relationships insure their profits by molding a homogenized, compliant, docile and cooperative population. Continue reading

The Five Branches Of Government

The Five Branches Of Government PDF Version

The U.S. government consists of 3 formal branches of government as noted in the U.S. constitution but two others that are never recognized.

By definition we do indeed have three branches of government. Legislative, Executive and Judicial.  The Fantasy Free Approach considers institutions in terms of how they function and not according to how each is defined. Continue reading

Scheme of Things Covid and Economics Distribution of Income and Suffering

Scheme of Things Covid and Economics Distribution of income and Suffering PDF Version

Who is Suffering and Not Suffering?

The graph below illustrates how suffering is distributed throughout the population.

The balance of political power is concentrated at the top of the income ladder. At the very top, enormous profits are being made at the level of billionaire and Americans who directly serve the upper class. The living standards of those who work for government have not changed. This is also the case with respect to all whose essence comes from receiving a government check of another kind.  So, who is suffering? That is a group that is not in the loop in terms of political power and benefits.

Do Economists Understand Markets? Continue reading

Who Will Unite The Country?

Who Will Unite The Country? PDF Version

Who will unite the country? Certainly, it won’t be me. Will it be Joe Biden or Donald Trump? God forbid that any president unites the country. Should a country be united? A united country is fine as long as the population unites itself independently of a leader urging folks to unite behind him. If citizens are generally of a similar mind that is fine. When a politician seeks to unite the population behind him, ordinary citizens are being ask to fall on a sword for their country. Follow a national leader and you are following the equivalent of a Judas Goat.

Lets look at some examples of situati0ns where a leader has united a country.

The first that comes to mind is Venezuela. Hugo Chavez United Venezuela. How did that turn out? You decide. Continue reading

Stimulus Stimulus Stimulus Up Next

Stimulus Stimulus Stimulus Up Next PDF Version

Stimulus is a political tool and nothing else.  Stimulus provides politicians a way to reward the parties who support their essence and make their acquisitions of more power possible. The cost to the overall population is staggering.

Thinking is not allowed in economics if one wants to get paid. Since I am doing this for nothing, I can think to my hearts content. You can think also provided your life and income do not depend upon your not thinking. Continue reading

Stewards Of Your Lives

Stewards Of Your Lives PDF Version 

No activity on earth is as lucrative as serving as the steward of lives of others. At this historical juncture corporations such as big tech, big pharma, big health insurance and big banks are positioning themselves to function as stewards of the American people.

Why is information about hydroxychloroquine, vitamin c, zinc and other anti viral substances being censored by organizations with no previous history of censoring anything? Why at this unique period of time in history? What is the emergency in keeping these perfectly legal drugs and supplements out of the bodies of American citizens? Continue reading

Understanding the United States Economy

Fantasy Free

Don’t think for a minute that government economic policy, Federal Reserve and other is beyond the understanding of the average person. Don’t misunderstand, the math is hard. Most Americans have never studied advanced calculus and statistics. What needs to be understood is that it takes complicated math to describe the even the simplest activities in society. Continue reading