Tag Archives: free market

Why Big Tech May Fall Before the Debt Ever Does

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Why Big Tech May Fall Before the Debt ever Does
By James Quillian – Economist, Political Analyst, Teacher of Natural Law

Let me start with the simple truth: artificial intelligence will not save the United States from its debt problem. That idea sounds good in a boardroom, but it collapses the moment it touches reality.

This is not coming from someone who dislikes AI. I use it every day. For four dollars a month, I have a research assistant who never sleeps and can pull up more information in two seconds than a whole staff could gather in a week. AI is a tremendous personal asset. But that does not mean it is a national solution.

The trouble isn’t AI itself. The trouble is the system it has been dropped into.

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Misunderstandings of Producers

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Misunderstandings of Producers

James Quillian, Economist, Political Analyst, Natural Law

In a true free market, the consumer calls the shots. Vendors chase tastes, preferences, and real needs. Collectively, buyers decide what’s produced and sold. That’s how it ought to work.

But John Kenneth Galbraith laid it out plain back in his 1958 book The Affluent Society: Producers flipped the script with heavy advertising. They don’t just respond to demand—they manufacture it. Radio, TV, movies, and now the internet poured in, shaping what people think they want. Kids grow up soaking in media, picking up identities, deciding what’s “cool.” Public schools and society pile on, training folks to follow along rather than think independently. It’s easier to let others decide for you—path of least resistance.

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Over Specialization in Medicine

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I always start by identifying a root cause. That way, I never get lost in complexities.

The issues we face today began a few centuries following the middle ages. It was discovered that societies flourish better when people pursue their own interests and make decisions independently. This was the advent of free markets and democracy. Having lived as slaves for eons, mankind is still programmed to seek the optimum situation possible while in bondage.

Over-specialization has occurred in medicine because people trust authority and opt for group decisions implemented by those they deem to be naturally smarter and who look after them. Anytime free markets and democracy are diminished, society moves into retrograde. That is our situation in medicine today.

 This mentality provides fertile ground for corruption to enter the picture. Over-specialization medicine is highly profitable for the healthcare industry. Laws have been passed to make it the only option.

Anytime free markets and democracy are diminished, society moves into retrograde. That is our situation in medicine today.