Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
Written by Gary North on August 20, 2016
About two months ago, I could not access Forbes. I got a message: turn off your ad-blocking software. I didn’t. I notice that Forbes has reverted to its three-second delay strategy. The Telegraph, a British site, tried the same strategy. That lasted about a month. I know why. Almost no one turned off the ad-blocking […]
Continue reading →Written by Gary North on August 20, 2016
My generation says: “Each of us can remember where he was when he heard about Kennedy’s assassination. I can remember where I was when I heard about Nixon’s killing of the phony gold standard that John Maynard Keynes and the Soviet spy Harry Dexter White designed in 1944. It was a Sunday afternoon: August 15, […]
Continue reading →Written by Gary North on August 20, 2016
John Maynard Keynes is most famous for two statements. This first appeared in the final paragraph of his General Theory of Employment, Interest, and Money (1936). The ideas of economists and political philosophers, both when they are right and when they are wrong are more powerful than is commonly understood. Indeed, the world is ruled […]
Continue reading →Written by Gary North on August 13, 2016
Trump has mobilized the millions of dispossessed voters we call the populists. This is his golden opportunity. They have no spokesman. They haven’t had one ever since Huey Long was assassinated in 1936. They will not conform. Not now. Not any more. They have found out that there are millions of people who feel just […]
Continue reading →Written by Gary North on August 13, 2016
We all know #1. A few know #2. But #3 gets less publicity. It is known mainly because of the man who killed it. The favorite is the Federal Reserve System. No surprise here. In second place is Alexander Hamilton’s First Bank of the United States, which set the precedent, 1791-1811. You can guess #3: […]
Continue reading →Written by Gary North on August 13, 2016
He keeps trying. He is always wrong. I begin with a chart of Federal Reserve monetary policy. Since October 2014, the FED has pursued the longest period of monetary stability in the last 30 years. Let’s look at this chart from October 2014 until today. This reveals deflation, not inflation. This is not what is […]
Continue reading →Written by Gary North on August 13, 2016
Productive Christians in an Age of Guilt-Manipulators is the best example of biblical debate that I have ever read. It combines biblical exegesis, economic analysis, careful logic, and devastating rhetoric. The target of the book was history professor Ronald J. Sider, a proponent of what had long been known as the social gospel. Sider had […]
Continue reading →Written by Gary North on August 13, 2016
And about the eleventh hour he went out, and found others standing idle, and saith unto them, Why stand ye here all the day idle? They say unto him, Because no man hath hired us. He saith unto them, Go ye also into the vineyard; and whatsoever is right, that shall ye receive. So when […]
Continue reading →Written by Gary North on August 13, 2016
But what saith it? The word is nigh thee, even in thy mouth, and in thy heart: that is, the word of faith, which we preach; That if thou shalt confess with thy mouth the Lord Jesus, and shalt believe in thine heart that God hath raised him from the dead, thou shalt be saved. […]
Continue reading →Written by Gary North on August 6, 2016
The phrase “populist revolt” has been around for a century. But, except for the three failed presidential campaigns of William Jennings Bryan — 1896, 1900, 1908 — we have not had one. Yet the phrase has survived. Why? Because the Old Boy Network represented by the Council on Foreign Relations is deathly afraid of it. […]
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