Respect

Who deserves respect? Do you respect the President of the United States, members of congress and the American Flag? Respect is a great thing in personal relationships? Have you ever done time in an American prison? In prison respect matters out of proportion to everything else.

What is the role of respect in studying economics or political science? James Quillian has no respect for the American flag, the president, other world leaders or any of the sacred people or institutions folks are prone to celebrate. James has no lack of these entities either. No respect is a neutral. Respect is positive. Disrespect is negative.

The president is just one of the animals who is where he is because of a unique set of personality characteristics. The president holds the highest position in our world’s game of dominance and subservience. All that matters is what the president does and the incentives he has. There are no special people.

In personal relationships, respect is indispensable. In politics as soon as you respect someone, you are ascribing characteristics to a person that he may or may not have. With disrespect, a person is being diminished, perhaps arbitrarily. Respect is something to be discarded privately. It must never be replaced with rudeness.

What matters in economics is a person’s incentives. If you can entertain the idea that what a person ends up doing is an accurate picture of that person’s deepest beliefs, then taking a persons actions at face value is the best approach. If in doing things, a person is not acting on his beliefs then there is no way to discern the worthiness of the things he does anyway.

Use good manners. Be rude to no one. In studying social phenomena respect is a way of engaging if fantasy. Fantasy will generate wrong answers. Use respect in personal relationships.

Under all circumstances, remember that all legislation is for profit. Who profits from legislation? Who has political power? Political power determines who makes the profit on legislation. Legislating for profit is what congress does. If you have no political power, legislation puts you at a net loss. Respect tends to build the impression that politicians participate for reasons other than self interest.

The truth is a hard sell. Fantasy Free Economics gains readers one at a time. Major search engines simply do not list blogs which disagree with their As long as folks share the link to this blog and others speaking out against the grain, the truth will at least trickle into the public consciousness.political agenda.

Fantasy Free Economics recommends the following blogs.

Of Two Minds Liberty Blitzkrieg Mises Institute Straight Line Logic Paul Craig Roberts

 

 

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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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