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Unfunded Federal Liabilities: Snowpack and Avalanche

Written by Gary North on February 27, 2016

unfunded-liabilities

I begin with what I regard as the fundamental fact of modern economic life: the present value of the unfunded liabilities of the United States government. The economist who has been most vocal about this is Prof. Lawrence Kotlikoff of Boston University. He releases an estimate every year. His estimate is this: somewhere in the […]

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Déjà Vu #2: My Stock Market Warning in March 2000

Written by Gary North on February 27, 2016

stock-market

[The S&P 500 peaked on March 24, 2000, if we adjust for price inflation. This newsletter was sent on March 3, 2000.] The mark of a mania is when the general public senses that it has been left out of the cornucopia of great wealth. People think they had great wealth in their hands — […]

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The Case Against Incorporating Churches

Written by Gary North on February 27, 2016

church

And the king said, Thou shalt surely die, Ahimelech, thou, and all thy father’s house. And the king said unto the footmen that stood about him, Tum, and slay the priests of the Lord; because their hand also is with David, and because they knew when he fled, and did not shew it to me. […]

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Bernie Sanders: Keynesian on Steroids

Written by Gary North on February 20, 2016

bernie-sanders

If Forrest Gump’s mother were around, she would remind us of this fundamental truth: “Socialism is as socialism does.” With all the hoopla surrounding Bernie Sanders’ campaign, let us apply this principle to his message. As far as I have read, he has not recommended that the federal government nationalize America’s industries. He has not […]

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Goodbye, Copyright. Farewell, Tenured Guilds.

Written by Gary North on February 20, 2016

copyright

Copyright law is in its terminal phase. I have known this for over 20 years. The Internet is killing it. I am going to discuss a remarkable example of a website that today has 48 million stolen scientific articles online. It is beyond the ability of anybody to control. It is outside of copyright protection, […]

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Sucked in by Hollywood Screen Writers

Written by Gary North on February 20, 2016

citizen-kane

More than any other writers, screenwriters can persuade us to suspend disbelief. The story moves fast. The technology draws us into the story. We question almost nothing. We are manipulated. We pay money to be manipulated. It’s entertainment, so we do not care. Hollywood has understood this, all the way back to D. W. Griffith’s […]

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My Feb. 2000 Warning on the Stock Market

Written by Gary North on February 20, 2016

stock-market

It was the beginning of the end of the 1982-2000 stock market boom. Discounted for price inflation, the S&P 500 has never reached what it was on March 24, 2000. I thought the boom was close to the end. I sent my Remnant Review subscribers my first warning. I followed with another warning in March. […]

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