Newest Liberals

On-The-Air-All-Talk-RadioDuring the past forty years new information has emerged as to how and why government grows without bounds. In the early days of conservative talk radio hosts contrasted liberals and conservatives. Liberals were those who believed in government programs and sought social justice through politics. Conservatives believed in small government and strong national defense.

What 80s and 90s conservatives believed is still valid. However, while still expensive, liberal programs are no longer the principle driving force behind the growth of government.

All governments transfer wealth and income but today’s U.S. Government does nothing else. Today, even wars are fought to expand the bottom lines of the politically powerful.

It turns out that there are no longer any conservative talk show hosts. None are aware that socialism is moving into our system from the top down. Socialism is often thought of as producing a level income distribution. In theory it does but income concentrates at the top even in poor countries.

In the modern world the rich are the driving force behind runaway government spending. Every bill congress sees is part of a business plan. Government growth benefits those who make it grow. Only lots of money can do that.

One need not get a degree to figure this out. Few are paying attention, but all it takes is observation.

Chances are, any given talk show host has only a naive understanding of economics. Certainly that applies to Rush Limbaugh. In the minds of most, being pro business is a conservative stance. Conservative is not being pro anything but relying on free markets is. That takes discipline.

The fact that government has become a tool for elite to generate profits is far more dangerous to the conservative movement than anything the poor are doing. The poor have plenty of shortcomings but they don’t lobby congress. When legislation is passed ostensibly to benefit the poor, the sponsors of the bill end up with a huge economic advantage.

The founding fathers worried that the poor would vote rich people’s money into their pockets. They had a lot of foresight but dangers of democracy turned out to be different than anything they fathomed. The potential is present for the poor to use their great numbers in voting to extract money out of others. That isn’t happening. The founding fathers had no way to know the elite would find ways to control public opinion and neutralize the right to vote.

The seven or so major news outlets have been lost over the years as centers for providing citizens with good honest information. Now conservative talk radio is turning liberal by way of dismissing the most serious threat to our free market system. It is the free market which allows everything else work.

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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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