Stupidity as a Variable

Part of my criticism of mainstream economic models is that there are no independent variables in the social sciences. That doesn’t mean there are no variables. The trick is to know what variables there are, which are changeable, and how a change in one or more causes changes in others. There is an additional problem that many important variables are not considered and most cannot be represented meaningfully with numbers.

In the current economic arena, the level of stupidity in the country is a real genuine variable. All we can say about the level of stupidity is that it is extremely high. But stupidity is certainly not at any constant level. Stupidity changes according to the experiences citizens experience in dealing with life. When the level of suffering increases, the level of stupidly decreases.  This is an inverse relationship. As suffering increases, the larger brain is activated.  As suffering decreases the level of stupidity in society increases.

What is a handicap for all of society is a resource for the smaller wealthier group, the Deep State, which manages the opinions and activity of all who are lower down on the food chain. The smartening up of Americans over all is a nightmare scenario for the Deep State operators. Guess what? Americans are smartening up slowly.

There is no reliable statistic for measuring levels of stupidity within groups. So, we must make observations, recognize what is going on and incorporate that into our thinking.

Deep State operators cannot flourish in a thinking society. Notice the countless heroic attempts to capture, control and redirect public thinking. This is only the beginning.

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 political agenda. 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.

Fantasy Free Economics recommends the following blogs.

Of Two Minds Liberty Blitzkrieg Mises Institute

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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.