The American Economic Trinity

The American economic trinity consists of corporatists, the news media and congress working together to extract resources from you while convincing you that it is all in your best interest.

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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.

One thought on “The American Economic Trinity

  1. Steve Quillian

    Perhaps it was actually this “external stimulus” that the thugs in London were rebelling against. This is the way with children many times who act out in rebellion against the wrong they see in their parents, teachers or other authority figures but have no other way of expressing their frustrations – for lack of language and other communication skills. So might the rebels in England be rebelling – albeit wrongly. Perhaps wrongly blaming the rich, knowing something’s wrong, and that someone is to blame for pulling the wool over their eyes. I know that I myself get fed up with how I get carried away with simple things that seem to put themselves in my life and I can’t get away from. Sometimes I’d love to just throw the TV out, but I can’t. Oh, I could, but I think the Hell i’d catch for doing it. I’d like to say my allegiance isn’t to the television sometimes, but then I do what I did tonight and watch it for 3 hours straight – kinda like if you can’t beat, join em. I think people as a whole and then individually and internally know that something is just not right – but don’t know what to do about it. Then you get locked into a position where you can’t do anything about it – locked into a mortgage you can’t afford, car payments, credit card debt. You get so locked in that you can’t look up because if you do, you’ll find yourself falling behind on the things you’ve obligated yourself to in the name of “being free” or something like that. Get into a position like that, and I’d watch TV too. But then even that’s a trap because everything on TV is geared toward not facing reality as it really is, not to mention spending all you have on this thing or that.

    So I agree that people may grow a resistance to external stimulus, because I think the most of us long to be stimulated internally, with truth, knowing what to do, not because we’re being obedient to something we’re told is right, or to a law, but knowing what to do because we know what to do from within, and we don’t need anyone to tell us what to do or how to be, because we will already know without them. And then the upright lives we live based on that internal stimulus will become the standard and the example people will live by.

    I think that perhaps people have such an F.U. attitude because they somehow have this sense of desperation and a need to break free, without even really knowing how or why, much less express what it is that’s really bugging them. They are tired of escaping into video games and drugs. They are tired of trying to find pleasure and satisfaction from external stimulus because they are tired of feeling something empty, knowing that there is something better out there. Something more.

    Maybe they are thinking, “There is something more and those bastards with all the money won’t let us have it.” And so they rebel, break things and steal what they think is owed them. But then they wake up and they aren’t satisfied again. What they are trying to gain, will not be gained by sheer force of will. But perhaps it will be gained by realizing the truth – that we don’t have to be subject to the suggestions that surround us. But to break free and live that way – tough. have to be debt free

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