Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
Written by Gary North on March 11, 2017
A common cliché of protectionism is this one: the United States government needs to negotiate better deals for American companies. It is time to call a spade a spade. This is fascism. Fascism is the economics of a government-business alliance. There should be no government-business alliance. The government should not be involved in business. Whenever […]
Continue reading →Written by Gary North on March 4, 2017
Trump says he wants higher tariffs. I hope Congress refuses to cooperate. Here’s why. Whenever the government intervenes, there are winners and losers. Follow the money. A popular slogan in favor of tariffs is this one: “Tariffs protect Americans.” It is an accurate slogan. The question is: “Which Americans are protected?” Another question is: “Who […]
Continue reading →Written by Gary North on February 25, 2017
Economist Walter Williams points out the following: In his 2012 State of the Union address, President Barack Obama boasted that “over 1,000 Americans are working today because we stopped a surge in Chinese tires.” According to a study done by the Peterson Institute for International Economics (http://tinyurl.com/jdtbktu), those trade restrictions forced Americans to pay $1.1 […]
Continue reading →Written by Gary North on December 10, 2016
This is ad copy from the publisher: Hot off the press: Christian Economics in One Lesson, by Dr. Gary North. Powder Springs, GA: American Vision Press, 2016. Hardback with dust jacket. 241pp. $25.00. On Sale: $20.00. Christian Economics in One Lesson is a biblical reworking of Henry Hazlitt’s classic introduction to economic thought, Economics in […]
Continue reading →Written by Gary North on November 5, 2016
Once again, we meet up with Smith and Jones. Wong has made an offer to Smith. Smith thinks it’s a good deal. Jones is irate. He protests. He thinks that Smith should pay a sales tax to the federal government whenever he buys from Wong. Jones calls this sales tax a tariff. He prefers not […]
Continue reading →Written by Gary North on September 10, 2016
We know about 3D printing. It is in its primitive phase. Think about this technology 30 years from now. Of course, your guess will look silly in retrospect — primitive. People invent things. They apply for patents. Governments issue them. They grant a monopoly of manufacture for about 15 years. The inventor can license his […]
Continue reading →Written by Gary North on August 6, 2016
The phrase “populist revolt” has been around for a century. But, except for the three failed presidential campaigns of William Jennings Bryan — 1896, 1900, 1908 — we have not had one. Yet the phrase has survived. Why? Because the Old Boy Network represented by the Council on Foreign Relations is deathly afraid of it. […]
Continue reading →Written by Gary North on July 2, 2016
The defeat of the “remains” on June 23 was one of the great days in my life. Yet I am an American. Why should I care? Answer: because I have been opposed to the New World Order for over half a century. I have watched these clever people pull off the final phase of the […]
Continue reading →Written by Gary North on April 30, 2016
Fred Reed wrote a gem of a rhetorical essay, “Capitalism and the Minimum Wage: ‘I Got Mine, Screw You.’” I was so impressed that I stole it, almost word for word, changing only “capitalism” to “trade unionism.” Reed is a master of rhetoric. When his logic is sound, he is devastating — a model. The […]
Continue reading →Written by Gary North on February 6, 2016
We have been told that America’s “smokestack industries” are threatened, and that this nation is losing its competitive abilities in the field of heavy manufacturing. I am sure this analysis is correct. Now, why am I supposed to worry about this? Let me ask you a question. Are you worried about America’s loss of competitive […]
Continue reading →