Economics of Cheating

indexI will put the deflated ball story in proper perspective. Americans are quick to jump on celebrities for cheating, especially those who are a step above the others in terms of personal behavior. Part of our system of herd behavior is for each individual to find a comfortable status point within any group they identify with. Many are trying to climb the social ladder. Some have successfully traded some or all of their freedom for a level of comfort they are satisfied with. When a celebrity they might otherwise envy has a failing that harms his image, herdsters feel elevated.

In general, Americans are not offended by cheating. All of government operates as a system whereby the politically powerful constantly cheat the rank and file out of income and wealth. The Federal Reserve, gives advance information to privateer firms and favored traders. Young men and women enlist as mercenaries to fight on behalf on international corporations, while being told they are fighting for freedom. Healthcare providers routinely over bill Medicare and hustle patients into unnecessary procedures. Cheating is a way of life. None of this bothers Americans. Politicians never tell the truth unless it is an accident. Citizens continue to worship their leaders and re elect them, no matter how much they lie and cheat.

Where sports are concerned, cheating is part of the game. Deflating footballs is cheating but so is committing a foul on purpose to gain an advantage. Sometimes the refs don’t see and often the risk is worth it. Cheating in sports is normally allowed. Teams and players are just penalized if caught. So, perhaps New England deflated balls and is going to get penalized.

Sports teams draw money out of taxpayers and will tell any lie to get government assistance. Teams and players participate in the advertising business. Advertising is actually nothing but celebrated lying. Athletes who do endorsements are agreeing to tell lies for cash. If there is any honesty in the business side of sports, it is less than obvious.

In congress every bill that is passed, is for the purpose of rigging one or more markets. Income is constantly taken form the unsuspecting and transferred to the politically powerful. Truth is never used and for a number of good reasons. Citizens don’t want to hear it and for politicians lies work better.

But, the world demands complete honesty out of the New England Patriots.

 

Just Another Day at the Whorehouse, is a Great Curbside Jimmy tune.

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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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