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Why Capitalism Will Win

Written by Gary North on August 29, 2015

capitalism

In the first week of January, 1950, Harvard economist Joseph Schumpeter was completing the final edits of a manuscript which he had delivered as a speech on December 30, 1949. The title was: “The March into Socialism.” He died before he finished the editing. The article became a classic. It was reprinted in the third […]

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Christian Economics in One Lesson: Chapter 12

Written by Gary North on June 20, 2015

christian-economics

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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Longshoremen’s Nightmare: Robotic Container Loading

Posted on June 13, 2015

robot-container-trucks

Giant new container handling cranes have recently arrived at the Long Beach Container Terminal in California, awkwardly perched aboard a Shanghai Zenhua Shipping (ZPMC) heavy lift vessel. The new cranes have a maximum outreach of 226 feet which allows them to reach over container ships carrying containers 24 across (side by side). They are large […]

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Wal-Mart Pick-Up Points: Robots

Written by Gary North on June 6, 2015

robots-at-walmart

Amazon has a major problem: the cost of deliveries. Its $99 Prime membership helps to defer some of this expense, but basically, delivery costs are a major weakness in Amazon’s model. Amazon at some point will move to on-site pick-up. Buyers will drive to a nearby location to pick up their stuff. First, Amazon must […]

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Christian Economics in One Lesson, Chapter 7

Written by Gary North on May 16, 2015

christian-economics

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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Christian Economics in One Lesson, Chapter 6

Written by Gary North on May 9, 2015

christian-economics

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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Mises University Seminar: 2015 Registration

Written by Gary North on May 9, 2015

mises-institute-seminar

It is not easy to get accepted to the free Mises University summer seminar for college students. The key word is “free.” You know the fundamental law of economics: “At zero price, there is greater demand than supply.” A corollary is this: “When the price falls, more is demanded.” This is a $2,000 value. There […]

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The Independent Institute: “Mayday Mayday Mayday”

Written by Gary North on May 2, 2015

“Mayday” — when repeated three times — is a distress call. The Independent Institute surely is in distress — marketing distress. The Independent Institute is a free market research organization. It publishes top-flight books. But, like most non-profit organizations, it needs a full-time marketer with background in direct response marketing. Let me show you how […]

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