Why the Good Guys Are Winning
Written by Gary North on May 14, 2016
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 […]
Continue reading →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. […]
Continue reading →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 […]
Continue reading →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 […]
Continue reading →Would It Be Bad for the Economy If Oil Fell to $3 a Barrel?
Written by Gary North on December 17, 2014
If the price oil fell to $3 a barrel, and it stayed there for 10 years, that would be a good thing. What if this led to massive unemployment in the oil industry? That would be a good thing. But isn’t the primary task of a free market economy to balance supply and demand? Yes, […]
Continue reading →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 […]
Continue reading →How to Capture Creativity: Reward It With Equity (If Any)
Written by Gary North on June 9, 2014
My friend Murray Rothbard was a great economist. He did not do it for money. He did his greatest work when he was a teacher at a school that did not pay him well, and which offered no economics major: Brooklyn Polytechnic. It put food on his table. He created a movement in his spare […]
Continue reading →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 […]
Continue reading →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 […]
Continue reading →