History Lasts A Long Time

With trouble in politics and the economy going bad, what in the world are people going to do? Will our leaders end up doing the right thing? Common Sense Economics knows where to find the answer. Go to the Old Testament and find a situation that parallels what we face today. What did people do then? They will do the same today. All Americans profess to be autonomous and independent minded, but end up doing what they are hard wired to do.
History lasts a long time. Prior to the American Revolution various thinkers began entertaining ideas of liberty for the individual. A strange confluence of circumstances, and people in North America made possible the establishment of a democracy based system of government. Previously ordinary people served masters, kings and chiefs and are hardwired to live under those types of systems. People unwittingly arrange the return to the systems they are hard wired to live under. While mankind is slowly evolving in the direction of liberty for all, we are currently in a retrograde cycle where people are giving up freedom and seeking to live under the authority of a strong government. This is in line with what is genetically normal. In time interest in liberty and self rule will once again emerge, but not in our lifetimes.
Remaining free and autonomous in an un-free world will prove to be a challenge. Pay no attention to what people say, conservative or liberal. Both sides are opting for centralized authority. Both main parties are controlled from the top down with party members acting as soldiers in ideological armies. There is no interests in citizens controlling government.
Expected Seasonal Pattern Compared To Actual Trading
Historical Statistics

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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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