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.
Earn enough money and living above the law is easily accomplished. Given enough money the congress, president and all of the nation’s people work for you. All you have to do is get laws passed that force ordinary citizens to pay you. With enough money that is not only feasible it happens constantly. Every law congress passes serves this purpose. Bills do not make it to the floor for any reason other than to increase and guarantee wealth and income for the upper one percent of the population. Continue reading →
The concept of stimulus as it is practiced today began with John Maynard Keynes’s General Theory of Employment, Interest and Money. Keynes is frequently described as a great economist and by some even the greatest economist who ever lived.
With Fantasy Free Economics I teach how to live and survive outside the herd.
What is the nature of animal behavior? It is not so much that animals do not think. Their decisions are made automatically. When animals live in groups, they have a leader and all have tasks they perform according to their status in the group. Herd positioning is determined by dominance and subservience. Each animal constantly attempts to get maximum benefits by virtue of being a member of the group.
Human beings think constantly and come up with brilliant thoughts and ideas. However Continue reading →
Here are some of Ginsburg’s remarks that caused the controversy. Notice that in all of her comments there is not one fact. I take that back, she did say that there is nothing in the constitution that says the president stops being president in his last year. Continue reading →
It is really hard to convince folks that there is something going on in a system when they already see and know everything and are convinced they have noticed all that matters. The truth is none of us have critical information at important moments.
Conventional wisdom is that the Federal Reserve creates massive unearned money and that money ends up in the stock market. Corporations use that money to buy back their own stock. Therefore the stock market always goes up. The stock market will go up until this particular episode comes to the end.
That line of reason happens to be true but there is more to it. There are other mechanisms in operations that are in place which are of even greater influence. Continue reading →
Suppose Joe Biden winds up being elected president. Are there any upsides to having a president with dementia? Perhaps there is, maybe.
His title could become Presidunce of the United States instead of President of the United states. Think of the entertainment that would provide Americans of all ages. Comedians would have a field day,
A cardboard cutout could be put in the president’s chair in the oval office. The country might discover that a cardboard cutout of a president is just as effective as an actual human being. Continue reading →
When it happens, someone will say, there is no way we could have known. So, I am going to tell you ahead of time what is going to happen.
So, many ask, why are stock skyrocketing while the country is falling apart?.
There is this thing called the overall scheme of things. When dealing with large aggregations of people, what happens in one situation is related to what happens in a number of others. Continue reading →
The stock market is being elevated by any means possible. The method is sophisticated. I have explained in an earlier article how the ALGOs carry out management of the market level over all, averages and individual stocks. Their profit comes from skimming and the sabotaging of unwitting large and small traders as well as hedge funds. Basically, the Deep State is the stock market. A bear market will destroy the power structure of the world. Can a stock market crash be prevented? Yes, but for that to happen, the Deep State must be extremely lucky. and they are indeed prone to good luck. The Corona Virus is the only shock they have have experienced in all of the years this has been going on. Chances are that the market will crash. However, for a stock market to remain permanently in a bull trend when an entire economy collapses is close to impossible. Chances better that we will see martial law imposed and selling not allowed, than there is that all markets will continue moving higher. For sure, the Deep Stated will find some way to save themselves by changing public policy.
American Mindset
Politics is dominated by two groups, right and left. Both are consumed with maladaptive behavior. Neither the left nor the right has ever gotten anything net from government. They never will. Government does not do those things, although belief is that they eventually will.
Voters describe themselves with lofty terms. We have patriots on the right and progressives on the left. Democrats embrace Marxist style socialism. Republicans embrace modern socialism and they love Donald Trump for guiding them in that direction. They call it capitalism. There are no free market voters. There are no free market candidates.
There are two basic ways to distribute resources in an economy. There is price and there is political power. With Marxist style socialism, who gets the most depends upon who has the most political power. The same is true of modern socialism With classic socialism no one comes out ahead other than those at the very top. With modern socialism, the rich lobby for more government spending, that transfers income from the bottom to the top. Everyone loses in the end regardless. Voters are good with one system or the other. Modern socialism is already entrenched and has killed the economy off at the bottom. The misery will climb the income ladder until all are destroyed.
Who will voters vote for? It really doesn’t matter because each side only hears words. What do voters want? While hollering slogans like “We The People” or “Make America great again Trump supporters are gleefully promoting their own poverty while pointing fingers at the other side. In every presidential race I have followed, no winner has ever done anything that has helped his supporters. The 2020 election will not be any different.
What oo folks want? Mostly they want a leader who will make life’s most important decisions for them. No voter or politician has even suggested cutting spending or closing government agencies.
Politics is not a a game where the larger thinking brain is disengaged. That brain is for interpreting poetry or doing math. Politics is an animal brain activity. When it starts, the thinking brain goes on vacation. The animal or survival brain takes over because politics actually is a survival based activity. In that mode, the animal brain pushes the thinking brain out of the way and takes charge.
Listen to political discourse. Do you ever hear anything except superficial arguments? Is there any discussion about what will be good for the country based on deferred gratification? Are there any sentient arguments? No. If you ever hear, let me know because I haven’t heard any. One counter example, although potentially interesting, doesn’t change anything. The higher brain is never spoken to in politics. Truth is not part of politics at all.
Any political argument you hear will be focused on getting you to change your mind without thinking. Much is said about the “Black Lives Matter” movement. The truth is that no lives matter at the aggregate level. Out lawmakers have no trouble sending American youth to fight and die promoting corporate interests. Don’t tell me that our national Corona virus initiative has anything to do with saving lives of Americans.
What we have are two groups of American voters volunteering for slavery. They will get what they are asking for.
The truth is a hard sell. Fantasy Free Economics gains readers one at a time. Major search engines simply do not list blogs which disagree with their political agenda. As long as folks share the link to this blog and others speaking out against the grain, the truth will at least trickle into the public consciousness.
Fantasy Free Economics recommends the following blogs.
There is little doubt in the minds of those who think critically that Federal Reserve monetary policy has been and is used to elevate asset prices, especially stocks. While true, Federal Reserve policy is only part of the picture. What we actually have is what amounts to a stock market engineering war room, even though there is not an actual room where all of the manipulation thought of is put in place.
How do I know this? Well, I don’t based on any facts at my disposal. I have no such facts. Why would I? If I could demonstrate factually that the stock market is being purposefully engineered higher due to an organized effort, everyone would know what I know and it would stop. The fact is that in the present moment, no one has any facts as to what all others in the world are thinking and doing. Continue reading →
“Yes, resistance should have begun right there, at the moment of the arrest itself.
But it did not begin.”
Aleksandr Solzhenitsyn
The past couple of weeks have reflected some type of dystopian future that’s supposed to be the backdrop for a bestselling novel.
Everyone is acting normal. I’m at my middle son’s football practice. The adults are quarantined behind a chain link fence talking amongst themselves like you’d figure they would. On the other side are various age groups of youth, running obvious football drills. Kinda. The coach blows the whistle and my kid runs through a ladder drill, fakes to the left and shoots diagonally upfield. Continue reading →
Earn enough money and living above the law is easily accomplished. Given enough money the congress, president and all of the nation’s people work for you. All you have to do is get laws passed that force ordinary citizens to pay you. With enough money that is not only feasible it happens constantly. Every law congress passes serves this purpose. Bills do not make it to the floor for any reason other than to increase and guarantee wealth and income for the upper one percent of the population. Continue reading 
The concept of stimulus as it is practiced today began with John Maynard Keynes’s General Theory of Employment, Interest and Money. Keynes is frequently described as a great economist and by some even the greatest economist who ever lived.
With Fantasy Free Economics I teach how to live and survive outside the herd.
Here are some of Ginsburg’s remarks that caused the controversy. Notice that in all of her comments there is not one fact. I take that back, she did say that there is nothing in the constitution that says the president stops being president in his last year. 
It is really hard to convince folks that there is something going on in a system when they already see and know everything and are convinced they have noticed all that matters. The truth is none of us have critical information at important moments.
When it happens, someone will say, there is no way we could have known. So, I am going to tell you ahead of time what is going to happen.
There is little doubt in the minds of those who think critically that Federal Reserve monetary policy has been and is used to elevate asset prices, especially stocks. While true, Federal Reserve policy is only part of the picture. What we actually have is what amounts to a stock market engineering war room, even though there is not an actual room where all of the manipulation thought of is put in place.