Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
In his little 1944 masterpiece, Bureaucracy, Ludwig von Mises identified the supreme agent in the free market economy: the consumer. The capitalists, the enterprisers, and the farmers are instrumental in the conduct of economic affairs. They are at the helm and steer the ship. But they are not free to shape its course. They are [...]
Continue reading →Gary North’s Reality Check I wrote a critique of Leftist commentator James Howard Kuntsler, who praises local government action to make it illegal to open a Walmart store or any other “big box” store, as he calls them. You can read my critique here: http://www.garynorth.com/public/10717.cfm Kunstler has coined a phrase to describe Tea Party supporters: [...]
Continue reading →Shinzo Abe, Japan’s Prime Minister of the month, is meeting with President Obama. This is the fifth PM from Japan that Obama has met with. It won’t be the last. Japan has a few useless islands that China is trying to get by force. Abe wants the U.S. to back Japan in keeping these islands. [...]
Continue reading →A currency war is in progress. Central banks are inflating. This lowers the value of their currency. Then other central banks inflate. “We will win the war of currency debasement!” Who wins? Exporters. Who loses? Consumers. When a nation’s currency increases in value compared to others, its consumers can buy foreign goods cheaper. This is [...]
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