Tag Archives: self interest

The Imaginary Incentive to Serve

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How to Save the United States   PDF Version

This is a question I answered on a public forum where I am apparently still welcome and for now uncensored .How is Fantasy Free Economics different than mainstream economics and standard economics dogma?

Mainstream economists just like laymen believe in the imaginary incentive to serve. Nature only provides one universal incentive, self interest. Like the naive public, PhD Smith, PhD Jones and all of the others believe in the imaginary incentive to serve. The imaginary incentive to serve is not written into text books. It is just assumed to exist. In the minds of PhD Smith, PhD Jones, everyone in government is acting on their strong imaginary incentive to serve. If something goes wrong, it is because of a failure of the reasoning process and certainly not because the imaginary incentive to serve is missing. What motivates members of the Federal Reserve Open Market Committee? Why certainly, they are motivated by the imaginary incentive to serve. Except that they are in reality guided by self interest. Continue reading →

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Why Does Government Grow?

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Government grows every time a bill is passed. Bills get passed as a way of rewarding Americans with political power. Only a few have enough political power to get what they want out of government. Bills are passed as a way to extract wealth and income out of the general population.

People without political power are important to the political process only in their imaginations. Conservative echo chambers serve the elite because all of the time and energy of conservatives is absorbed with philosophical discourse. Being of extreme importance in their own minds they are lulled into believing they are making a huge contribution by teaching others how to think.

In a democracy based system it is the citizens responsibility to govern themselves. Governing involves work and since work is a second choice for the human species, messiahs are sought instead of delegates.

Politicians are assumed to run for office because they are good people who want to serve. In terms of goodness, politicians are neutral at best. Politicians run for office as a way of making personal use of rank and file citizens, as they bargain for power, influence and money.

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