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Christian Economics in One Lesson: Chapter 8

Written by Gary North on May 23, 2015

Spread-the-Work Schemes Is it not lawful for me to do what I will with mine own? Is thine eye evil, because I am good? (Matthew 20:15). This is the most powerful affirmation of private ownership in the New Testament. The only affirmation more authoritative was God’s announcement of an ownership boundary around the forbidden tree […]

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Christian Economics in One Lesson, Chapter 7

Written by Gary North on May 16, 2015

The Curse of Machinery 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 upon […]

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Progress Makes Genius Routine

Written by Gary North on May 16, 2015

We forget about one of the great advantages of intellectual progress, namely, that people of above-average intelligence can perform better than geniuses did a century earlier. Think of a graduate of MIT or CalTech today. I do not mean somebody with a Ph.D. I mean somebody with a bachelor’s degree. He is better at physics […]

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Christian Economics in One Lesson, Chapter 6

Written by Gary North on May 9, 2015

Credit Diverts Production He that is surety for a stranger shall smart for it: and he that hateth suretiship is sure (Proverbs 11:15). The older term, surety, is not widely used today. The term today is this: co-sign. The warning is still as valid today as it was in the days of Solomon. Do not […]

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Christian Economics in One Lesson: Chapter 5

Written by Gary North on May 2, 2015

Taxes Discourage Production And he will take the tenth of your seed, and of your vineyards, and give to his officers, and to his servants. And he will take your menservants, and your maidservants, and your goodliest young men, and your asses, and put them to his work. He will take the tenth of your […]

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Christian Economics in One Lesson: Chapter 4

Written by Gary North on April 25, 2015

Public Works Mean Taxes For the lips of a strange woman drop as an honeycomb, and her mouth is smoother than oil: But her end is bitter as wormwood, sharp as a two-edged sword (Proverbs 5:3-4). The author of Proverbs in the first nine chapters contrasts the faithful wife with the strange woman. He uses […]

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Christian Economics in One Lesson: Chapter 3

Written by Gary North on April 18, 2015

The Blessings of Destruction If fire break out, and catch in thorns, so that the stacks of corn, or the standing corn, or the field, be consumed therewith; he that kindled the fire shall surely make restitution (Exodus 22:6). This passage has to do with legal liability. If somebody sets a fire on his own […]

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The Coase Theorem — My Free Book on “Libertarian” Statism

Written by Gary North on April 11, 2015

Ronald H. Coase’s 1960 article, “The Problem of Social Cost,” has misled more free market economists than any scholarly article ever published. It has been cited in footnotes more than any other law review article. I published my refutation in 1990. I also refuted Coase’s disciple, Gary Becker. Coase won the Nobel Prize in 1991. […]

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Christian Economics in One Lesson: Introduction

Written by Gary North on March 28, 2015

Christian Economics in One Lesson is my reworking of Henry Hazlitt’s classic introduction to economic thought, Economics in One Lesson. That book set the standard as an introductory economics book. Nothing has come close to replacing it ever since it was first published in 1946. Why do I believe it is necessary to replace a […]

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