When Inner Lizards Disagree.

It would be nice if everything in politics was decided by people using their entire brains. Thought takes a back seat to instinct when people engage in politics or choose leaders. Virtually everything a person says or does is based on notions or prejudices.  The large part of the brain is hardly ever active.

Close to elections, before and after, dialog is of the “it is……..it is not variety. People are only repeating what the inner lizard or political brain accepts as fact or good reasoning. Efforts to change others minds amount to repeating short quips and soundbites that are supposed to suddenly change another person’s mind. Of course, the inner lizard knows nothing about the veracity of what comes out of a person’s mouth. What is accepted as fact by the inner lizard has nothing to do with right or wrong. It is can be something like “Islam is a religion of peace.” or “All Mexicans are coming are here to commit crimes.” or “Presidents create jobs.” or “We need more Federal Reserve stimulus.” These are like recordings made with a tape recorder. The inner lizard organizes them and treats them as facts.

It works this way with highly intelligent individuals just as it does with the intellectually challenged.

The world’s happiest people hardly ever engage with their larger brain. As long as a person is happy and comfortable autopilot works fine.

Is it always this way? No, when an emergency occurs, the big brain comes into play automatically. Remember how dialogs changed following 911? People started thinking. The same thing happened when Pearl Harbor was bombed.

Work is a second choice and thinking with the big brain is work. With no reason to worry, the inner lizard handles all of life’s issues. Nothing needs to be studied, it is all there registered as fact whether it is or not.

Economic stimulus only robs from the many to pay the few. It guarantees a grossly inefficient allocation of resources and an eventual economic collapse. Economic stimulus by government has been going on nonstop ever since Ronald Reagan embraced the Full Employment Act of 1978. More stimulus is planned by Donald Trump.  This has been going on for almost forty years. Accounting laws are not being enforced. Corporations report just about whatever earnings they want to. Executive make their profits by sitting while central banks run up the prices of their stocks. Being paid according to productivity is a lost concept.

When the economy and the stock market crash due to the damage form what amounts to outright theft, politics will change completely overnight. People’s big brains will become active for a little while at least. There will be a huge descrepency between what the large brain sees an what the inner lizard has recorded as fact. Things will be very unsettled and even violent during the time the  inner lizards discard old facts and record new ones.

One of the reasons politicians like a happy population that is free from stress is, that kind of a population is extremely easy to manipulate. Happy comfortable people will believe just about anything.

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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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