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Exploitation and Knowledge

Written by Gary North on March 12, 2016

The profit motive: everyone knows that the free market economic system operates in terms of the profit motive. The trouble is, hardly anyone understands where profits come from. This includes the businessmen who make them. This failure to understand the source of profits has given a real advantage to the critics of the market. When […]

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The Home Business as a Christian Calling

Written by Gary North on January 30, 2016

In every person’s life there are key turning points. I believe this is also true of nations and civilizations. These turning points have meaning only in reference to long, uneventful periods of conventional day-to-day activities. That is the whole meaning of a turning point. It turns us into a new path after years of stability. […]

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Dukes of Hazzard Investment Opportunities

Written by Gary North on July 4, 2015

Some cable channel known as TV Land has pulled The Dukes Of Hazzard off the air. In the 1980’s show, there was a 1969 Dodge Charger with a stars and bars flag painted on the roof. It was named “General Lee.” But in today’s era of political correctness, the car might as well have been […]

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America Is Losing Its Entrepreneurial Edge

Posted on January 21, 2015

By Tony Sagami I’ve been self-employed since 1998, and let me tell you, the life of a business owner isn’t easy. It’s filled with long hours, a relentless amount of paperwork, and uncertainty over where your next paycheck will come from. If you’ve ever owned a business, you know exactly what I’m talking about. Difficult […]

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Two Mindsets: Entrepreneurial and Bureaucratic

Written by Gary North on October 16, 2014

What I write here is an extension of Ludwig von Mises’s little book, Bureaucracy. We do not know the future with much precision. Therefore, everyone is to some extent an entrepreneur. An entrepreneur is a person who buys low and sells high. He forecasts the future, devises a plan to deal with the future, and […]

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Illegal Marijuana Market Goes to Pot

Written by Gary North on May 27, 2014

Pot growers in Mexico are going bankrupt. Prices have fallen 75%. Why? It has been legalized in two states: Colorado and Washington. The price of pot has fallen 75%. This is basic economics. Competition drives down prices. But how? How does all that legal pot in two states get to other states? By car. Someone […]

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Just How Much Is A Bestselling iPhone Game Worth?

Posted on March 13, 2014

Actually, it would be King Digital Entertainment Plc, the company that makes the hit mobile game that would benefit the most from its plans to go public later this month: On Wednesday, King Digital revealed that it has set a price range of $21 to $24 a share for the 22.2 million shares involved in […]

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