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Christian Economics in One Lesson, Chapter 18

Written by Gary North on August 1, 2015

Minimum-Wage Laws It is naught, it is naught, saith the buyer: but when he is gone his way, then he boasteth (Proverbs 20:14). Once again, Hazlitt returned to the issue of government price fixing. In Chapters 13, 15, and 16, this price fixing was in the form of price floors. It is in this chapter, […]

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Christian Economics in One Lesson, Chapter 17

Written by Gary North on July 25, 2015

Government Price-Fixing It is naught, it is naught, saith the buyer: but when he is gone his way, then he boasteth (Proverbs 20:14). Once again, Hazlitt returned to the issue of government price fixing. In Chapters 13, 15, and 16, this price fixing was in the form of price floors. In this chapter, he dealt […]

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Christian Economics in One Lesson, Chapter 16

Written by Gary North on July 18, 2015

“Stabilizing” Commodies It is naught, it is naught, saith the buyer: but when he is gone his way, then he boasteth (Proverbs 20:14). This chapter deals with the same issue that Chapter 13 did and Chapter 15 did: government intervention into the economy to keep commodity prices from falling. Such a policy favors existing producers […]

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Christian Economics in One Lesson, Chapter 15

Written by Gary North on July 11, 2015

How the Price System Works It is naught, it is naught, saith the buyer: but when he is gone his way, then he boasteth (Proverbs 20:14). An alert reader will think: “Wait a minute. I’ve seen this before.” Indeed you have! And you will see it again: Chapters 16, 17, and 18. There is a […]

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Christian Economics in One Lesson. Chapter 14

Written by Gary North on July 4, 2015

Saving the X Industry And the same time there arose no small stir about that way. For a certain man named Demetrius, a silversmith, which made silver shrines for Diana, brought no small gain unto the craftsmen; Whom he called together with the workmen of like occupation, and said, Sirs, ye know that by this […]

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Christian Economics in One Lesson, Chapter 13

Written by Gary North on June 27, 2015

“Parity” Prices It is naught, it is naught, saith the buyer: but when he is gone his way, then he boasteth (Proverbs 20:14). Every voluntary exchange involves buying and selling. The person who is called a buyer is a seller of money. He buys goods and services. The person who is called a seller is […]

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Christian Economics in One Lesson: Chapter 12

Written by Gary North on June 20, 2015

The Drive for Exports And the LORD spake unto me, saying, Ye have compassed this mountain long enough: turn you northward. And command thou the people, saying, Ye are to pass through the coast of your brethren the children of Esau, which dwell in Seir; and they shall be afraid of you: take ye good […]

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Christian Economics in One Lesson, Chapter 11

Written by Gary North on June 13, 2015

Who’s “Protected” by Tariffs? And the LORD spake unto me, saying, Ye have compassed this mountain long enough: turn you northward. And command thou the people, saying, Ye are to pass through the coast of your brethren the children of Esau, which dwell in Seir; and they shall be afraid of you: take ye good […]

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Christian Economics in One Lesson, Chapter 10

Written by Gary North on June 6, 2015

The Fetish of Full Employment And Pharaoh commanded the same day the taskmasters of the people, and their officers, saying, Ye shall no more give the people straw to make brick, as heretofore: let them go and gather straw for themselves. And the tale of the bricks, which they did make heretofore, ye shall lay […]

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Christian Economics in One Lesson, Chapter 9

Written by Gary North on May 30, 2015

Disbanding the Troops and Bureaucrats And he shall judge among many people, and rebuke strong nations afar off; and they shall beat their swords into plowshares, and their spears into pruninghooks: nation shall not lift up a sword against nation, neither shall they learn war any more. But they shall sit every man under his […]

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