Just as Smart as a Dog

golden-retriever-am-i-smart-dog-wallpapers-tHuman beings can forecast the future accurately only if they think like dogs. Human Beings unwittingly use statistics and complicated models in attempts to determine what happens next. This method gives miserable results. The reasons are many but the people making the models end up being studied by others who are smarter than they are.

Dogs make forecasts by studying reoccurring patterns and they are seldom wrong. They can predict when their master is coming home. Dogs observe history as it applies to them. The K9 mind is many times more active than that of a human. They constantly scan the environment for input that is relevant to their survival.

Human beings can also observe reoccurring patterns and behaviors and they do a little bit but not enough to be helpful. The time line humans need to observe is centuries long and most humans are ignorant with respect to history. A typical American passively learns an abridged history so they know a few facts about what has happened lately and isolated events from further in the past.

Any American who is adept as his dog can compare the mentality of the American population today with that of the Germans in the early 1930s. Most will be completely confounded when the country breaks down into chaos. We can’t predict exactly what will happen but we can know that danger is just over the horizon. Ignorance and stupidity are expensive attributes.

Here is Curbside Jimmy’s tune. It Seems Like All M Friends Are Dogs These Days.
It Seems Like All My Friends Are Dogs These Days.

 

 

 

 

 

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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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