Is Anybody Thinking?

Is Anybody Thinking?
At any given time only about 3% of the population is thinking. The other 97% profess adamantly that they are thinking also.
Where do thoughts come from? The mind takes suggestions and records them. People then mistake these records as thoughts. Go to one of the conservative echo chambers and listen to the chatter. What you read or hear will be suggestions people’s minds have recorded. The records are being repeated as if they are original thoughts. Dialog among liberals is of the same nature.
During a genuine crisis, almost everyone thinks, especially those who are suffering. Soon the United States will be in another financial crises and ordinary people will begin weighing and discerning the causes of their misery and looking for solutions.
Currently every government of any size along with every central bank is using public funds to push stock prices higher. Developed countries are keeping financial assets overpriced. Underdeveloped countries are keeping their currencies undervalued. All that is holding up the world economy are overpriced financial assets. As soon as financial assets start declining in value, the U.S. will enter a depression far worse than the Great Depression of the 1930’s.
When the suffering starts, people will start thinking.

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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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