The Role of Government

Government serves as a platform where people go to get what they want and have others pay for it. All who use government in this way deny doing so. All who learn in school of the many lofty roles government plays are not told the truth. Perhaps their teachers really don’t know any better.

Does government provide protection? Of course it does and at a very high price in terms of dollars and lives. To be protected citizens must participate in wars for profit. Most military operations have nothing to do with fighting for freedom. The greatest protection the United  States military provides is the fear others have of attacking us based on our level of strength. Mostly the military is a tool for the politically powerful to get what they want and of course have everyone else pay for it. Yes, along with fighting wars for profit, genuine threats will be dealt with, if and when they come along.

With respect to economic issues, government provides stimulus. What does stimulus do? Stimulus transfers wealth from citizens with little or no political power to super powerful citizens who decide when and how stimulus is administered. Who lobbies for government spending? Those who benefit directly from and out of proportion to others by virtue of how the money is spent are the ones who benefit.

Citizens believe government works one way when it really works completely differently. Who is surprised that ordinary citizens constantly come out on the short end of the stick with respect to government? It is certainly no surprise when the image folks have in there minds about what government is and does is completely at odds with the way it really works.

 

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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.