We Are All Liberals Now

Left wing socialists and right wing socialists work day and to get what they want out of government which comes down to living off the efforts of others. Conservative is only a noise right wing socialists make. Profess constantly to be a small government conservative while protecting the benefits you receive from government and trying to get more. That is what passes for conservative today.

Notice that there are no free market medicine bills being proposed. Conservatives are not asking for free market medicine? That is not a paradox at all. People are what they do. What they say makes no difference at all. There is no interest in free market medicine. There is no interest in free markets in any other capacity.

The Full Employment Act of 1978 mandates central economic planning by Congress, the Executive Branch and the Federal Reserve. Ask a conservative, do you believe in central economic planning? The conservative will say something like. Heck no, what do you think I am a liberal? No one in congress wants to repeal this act. Constituents have no interest in getting it repealed. There are no conservatives. Is anyone interested in repealing the Federal Reserve Act of 1914. There is no interest there either.

There are differences between right and left wing socialists.

Left wing socialists beg. Begging used to work. Now begging is not that productive.

Right wing socialists use belligerence.  From war for profit to using the Federal Reserve to steal the interest on Granny’s savings to give it to Goldman Sachs, it is belligerence.

Democrats have largely given up on begging. It gets them nowhere. Most Democrats still claim to be liberals but are are now right wing socialists and have adopted belligerence as the tool of choice.

Do not expect Donald Trump or any president to reduce the size of government. Power is acquired and maintained by spending. There are no conservatives so don’t expect smaller government.

 

 

 

 

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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.