Download PDF Version

In my Fantasy Free Economics theories, unlike mainstream economics I recognize self interest as the only relevant incentive with respect to aggregate economics. Mainstream economists assume the imaginary incentive to serve, which is a completely erroneous assumption. The incentive to serve is born of the need to be taken care of, by a benevolent, more powerful entity. Self interest does not disappear when a person leaves the private sector for the public sector. This seemingly innocent fantasy has the potential of being lethal to our way of life. Continue reading →