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Bribery and Judgment

Written by Gary North on July 23, 2016

bribery

And thou shalt take no gift: for the gift blindeth the wise, and perverteth the words of the righteous (Ex. 23:8).  The context of this law is judgment rendered in a court. Judges are not to render false judgment in favor of a poor man (v. 3) or against him (v. 6). People are not […]

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The Declaration of Independence: America’s Greatest Ad

Written by Gary North on July 4, 2016

declaration

On this day 240 years ago, New England’s most famous independent wholesaler, John Hancock, and Congress’s stenographer, Charles Thomson, signed a parchment. We celebrate that signing annually, often by setting off low-tariff fireworks imported from China. Most Americans know little about the background of this event. The details they recall from a high school textbook […]

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A Government Employee Calls Me Out

Written by Gary North on July 2, 2016

government

I posted a video on high-income retired state employees. A self-righteous, self-pitying government employee was incensed. You cannot be talking about me or any of my fellow government victims. In 2003, a hundred or so of us, wotking for the Superintendant of Document, the US Government Printing Office, the Bookstore Branch, were pushed out of […]

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Should We Legislate Immorality?

Written by Gary North on June 18, 2016

legislation

“You can’t legislate morality!” How many times have you heard that one? Too many, I’ll bet. Have you ever sat down and thought through the implications of this humanist slogan? Does anyone really know what it means? We all know how it’s used: to try to reduce support for a proposed law that the complainer […]

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Airbus: Carving Up a Keynesian Turkey

Posted on June 11, 2016

airbus

The Big White Elephant is on life support but not for much longer. Airbus Industries, its parent EADS and the governments who continue to subsidize its production can no longer justify its continuity at the expense of the European tax payer. A rapidly shrinking customer base and less than a hand full of customers who […]

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Wise Words from Charlie Daniels

Posted on June 4, 2016

charlie-daniels

Recently, I have been thinking about how much life has changed in the last three quarters of a century and how much of that change is influenced by the bureaucracies and federal agencies that hold sway over almost every facet of life in America today. I have come to the conclusion that we live in […]

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When Money Fails

Written by Gary North on April 23, 2016

hyperinflation

Money seldom fails, but occasionally, it does. It failed in Germany and Austria 1921-23. It failed in Hungary after World War II. It failed in Zimbabwe in 2008-9, when the rest of the world was in a recession. Here is a famous case of the failure of money: And there was no bread in all […]

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Monetary Reform: Fiat vs. Market

Written by Gary North on April 16, 2016

free-market

What is fiat money? It comes from “fiat,” which means a formal authorization or proposition or a decree. Synonyms are these: edict, order, command, commandment, injunction, proclamation, mandate, dictum, diktat. It is an arbitrary order. The phrase “fiat lux” comes from Genesis 1:2: “Let there be light.” Fiat money is the money issued by a […]

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The Free Market vs. Fraud

Written by Gary North on April 16, 2016

free-market2

Charles Hugh Smith begins his essay on widespread fraud in the rhetorically correct way: by stating the truth in a list of short observations. This can’t be said politely: the entire status quo in America is a fraud. The financial system is a fraud. The political system is a fraud. National Defense is a fraud. […]

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