Why I Tell The Truth

I wish I could say that I am inspired by God to be honest. I would like to say I tell the truth for the good of mankind and want nothing but good for the world. I could pretend to be like a noble comic strip type character, Bat Man for example, noble in every regard.

The truth is that by nature I am about average in terms of honesty and integrity. That has been good enough to prevent me from ever spending a night in jail. Mostly I lean toward the truth because I am such a lousy liar.

When I was nineteen some friends and I were walking around in a discount store. I saw three fish hooks lying in a pile of dust. Without really thinking I picked them, put them in my pocket and forgot they were there. As we were leaving the store, I got arrested for shoplifting. My friends got arrested also as accomplices. At that point in life I realized I had no aptitude for a life of crime.

Back in the days when I taught algebra at a youth prison I would tell the students that story. Then I would explain that none of them were cut out to be criminals even if they enjoyed it. If they were already doing time at fifteen or sixteen years old, I explained that they should do something in life for which they had more of an aptitude.

On another note, with respect to economics, my theories would not work, if they were lies. Telling the truth is the only way I can make my theories unique. Economists normally get paid to lie on behalf of their employers in order to advance one agenda or another. Since I am such a lousy liar those kinds of jobs are not open to me. Nobody pays me to do anything so I have little to lose by telling the truth. I am not famous enough to be considered for the Nobel Prize so I just tell it the way it is.

Don’t get me wrong. I do have a conscience but it is no more pronounced than average. That being said, you can count on everything I say or do to be completely truthful.  People can read me like a book. If I told a lie on this blog, it would be obvious to everyone, so I am not going to do it. I would like to be thought of as just a nice guy but I tell the truth out of self interest.  I truly am the best economist in the world. I am also the world’s worst liar.

 

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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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