The Republican Fantasy

The biggest road block to a true conservative movement is what I call the Republican Fantasy. In a Republican’s imagination he is a conservative. His self concept depends upon him seeing himself that way. In the light or reality, a Republican is an apologist for right wing central planning and more of a liberal than the Democrats he criticizes. The actual cause of government’s unrestrained growth is rooted in the enormous demands on government made by billionaires. If government were to be reduced in size, only the rich would complain.
Democrats are bad, but at least they are willing to acknowledge the cost of government. Out of intellectual laziness and willful ignorance, Republicans view every tax cut as an act of conservatism. A tax cut is actually a way to avoid the responsibility of controlling government. Some will argue that tax cuts always result in increased tax revenue and they can under odd circumstances, but the chances of that happening are low. Because of a deep held Republican belief in central economic planning, tax cuts are seen as a way to boost business. That can happen in a limited number of circumstances. Tax cuts are always followed by a new round of government spending that offsets any benefit to business.
All taxes really do is pay for government and act as an incentive to economize in government. Lower taxes always result in more government spending because the incentive to economize is removed. If the rich are taxed at a high enough rate, they will start lobbying congress to spend less money instead of lobbying to have congress spend more money on their behalf.
Republicans are not really conservatives. They feel like conservatives inside but they do not do conservative things. Ask any Republican Senator or Congressman which laws he is trying to repeal and which government agencies he is trying to close and see what kind of answer you get. In the Republican world, it is all bout feeling conservative but that is where it stops.

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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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