World Class Virtue Signaling

Virtue signaling parties are part of life for American conservatives. Where are these virtue signaling parties? Turn on the Rush Limbaugh Show and then Sean Hannity. Virtue signaling has become a genuine gold mine.

So, why not change the country? Why not repeal laws and close government agencies? There is no way to do conservative things. The very folks who virtue signal the most are the ones who benefit most from big government. The optimum position to occupy in the the United States is to personally be unbounded by any limitations the free market imposes but to have everyone else controlled by price competition and other aspects of a free market system. Virtue signaling allows right wingers who want free market restrictions on all others but not themselves to feel good about themselves.

Well before the stock market crashed in 1929 Calvin Coolidge blocked attempts to increase the role of the Federal Government in the economy. That was the last time a president of the United States did an actual conservative thing.  Today the conservative movement consists of multitudes of citizens talking conservative rhetoric and presenting themselves as living life the right way and having the values the country needs. Ostensibly, when everyone’s mind is “right”, the free market will miraculously return, freedom will abound and “America Will Be Great Again.”

So when a new president takes over or the composition of congress changes what does that mean for the country? Usually it means a different group will have access to government to be used as a tool to extract benefits out of the overall population.

When laws are being repealed and government agencies are being closed, that will be a sign conservatives are in charge of the country. Will that happen? It will not happen in our lifetimes.

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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.