The ‘State’ Is An Architect of Deception – The Economic Con Job Exposed

In the words of economist Doug Casey, “Most economists are political apologists masquerading as economists.” Let’s be real: these people aren’t searching for the truth about how economies work. They’re crafting justifications for why the government needs more power over us, why we need their “expertise,” and why we should open our wallets while they sit in ivory towers, raking in the dough.

The field of economics, once about understanding the market, has turned into a government-backed machine for social control. Ludwig von Mises, one of the last true defenders of economic liberty, called these “educational” institutions “nurseries of socialism.” He was right. Universities are factories for statist ideology, brainwashing students into thinking government intervention is not only necessary but virtuous. A “remnant” might resist, but by and large, academia is a tool for the state.

The Deception Runs Deep – And Starts Early

It starts at the top. Mises never even joined the American Economic Association – a club for statist “intellectuals” who wanted to make government control look like wisdom. Their founding mission was to present the state as a “necessary” guide for society, a moral force, while smearing free-market capitalism as “unsafe and unsound.” Their real agenda? Consolidating power, justifying control, and obliterating freedom. The economists are their messengers, preaching a religion of state power.

Take the Federal Reserve – a monstrous institution masquerading as an “independent” entity, and a propaganda machine with no equal. Larry White’s research showed that 75 percent of all articles on monetary policy come from economists with Fed ties. Do they bite the hand that feeds them? Not a chance. Milton Friedman put it bluntly: if you want a career in economics, don’t criticize the Fed. That’s why they preach central planning with a straight face and act like it’s “scientific” when all it does is erode our wealth and inflate bubbles for the banks and politicians to cash in on.

The Woke Fed: Propaganda in Action

Today, the Fed has gone “woke.” That’s right – instead of focusing on inflation, monetary stability, or anything that actually matters to everyday Americans, the Fed’s “research” is devoted to political distractions like climate change, “inequality,” and “systemic racism.” Look no further than the New York Fed, which openly declares its mission to fight “intolerable inequities” in society. That’s a socialist agenda dressed up as policy – a front to justify state control under the guise of equality.

Let’s look at the Fed’s Board: 97 Democrats and a lonely two Republicans. This isn’t about balance. It’s about setting up a machine of ideological enforcement. The message is clear: the Fed is a one-sided propaganda mill designed to funnel power to Washington’s elites and dictate what Americans think, feel, and believe.

The Textbooks of Lies: The Myth of Market Failure

Every economics textbook starts with the same lies: the myths of “market failure” and “free rider problems.” Our kids are told that without government control, our economy would descend into chaos, monopolies would rule, and all competition would vanish. But let’s face it – these were all invented to sell the idea that the government has a place in every market. In the 1800s, economists fought against antitrust laws because they understood real competition meant letting markets be free. Yet by the 1930s, they invented theories of “perfect competition” to justify shackling the market with regulations and bureaucratic oversight. What was the result? A century of crony capitalism where the government and the monopolies it pretends to control are in bed together.

Monopoly? Blame the State

Ever heard that monopolies exist because of “market failure”? Wrong. Look at history. Electric companies, telephone companies, water – all industries where government created state-mandated monopolies. Government backed them, not to “protect” consumers but to pad their own pockets. I exposed this truth years ago: these weren’t natural monopolies but government-controlled empires – monopolies handed down by bureaucrats to keep competition out and keep profits flowing up to the top.

The Lies That Fuel Our Wars

One of the biggest scams is the myth of “national defense spending.” The government tells us it’s to protect our “security,” and economists back this up with their “free-rider” theory. Translation? The state uses “economics” to justify spending trillions on foreign interventions while cutting our liberties here at home. And the economists sit back and write glowing reports on how all this spending is “good” for the economy. It’s only good for the military-industrial complex, the same elites who get rich while young Americans are sent overseas for “freedom.”

A Nobel Prize in Fooling You

Our so-called experts even get Nobel Prizes for spreading these lies. Remember when George Akerlof, Janet Yellen’s husband, won the Nobel Prize for predicting the end of the used car market? His “theory” was that without government intervention, “asymmetric information” would destroy it. Spoiler: the market is still here, and no one stopped it. Then there’s David Card, who won a Nobel for “proving” that minimum wages don’t hurt employment. Even the National Bureau of Economic Research found that his study was full of holes. But the damage was done. These awards go to those who toe the line and serve the state – no questions asked.

Austrian Economics: The Last Line of Defense

In this empire of lies, the Austrian economists are the last truth-tellers. They expose the state’s manipulation, question its legitimacy, and reveal the con job that is Keynesian economics. Paul Samuelson, the mainstream’s hero, even predicted Soviet GDP would outpace the U.S. by 2000. Guess what? He was wrong. But the textbooks kept preaching his statist agenda, filling young minds with the idea that the state knows best.

Don’t buy into the lies. Educate yourself – not with government-fed propaganda, but with the truth. The Mises Institute and Austrian economics show us a different path, one of liberty, of true free markets, and of limited government.

It’s Time to Break Free

The state and its economist mouthpieces want you compliant, ignorant, and controlled. They’ve rigged the game to keep you on the outside while they loot our country from the inside. Enough is enough. It’s time to become your own economist, question the so-called experts, and stand against the empire of lies. Don’t just take their word for it. Seek out the truth, protect your wealth, and take a stand for your own future.

Want to fight back? Get your copy of “Seven Steps to Protect Yourself from Bank Failure” by Bill Brocius now – click here.