Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
Written by Gary North on November 12, 2016
Elon Musk is a visionary. He thinks he will build a spaceship to take rich people to Mars, and make a profit. He also thinks he will produce an electric car he can sell at a profit. Along with these visions, he has a vision for a universal federal welfare scheme that will pay the […]
Continue reading →Posted on February 6, 2016
By Rev. Francis Mahaffy The Ten Commandments given by Moses many centuries ago reveal the divine rule that covers man’s relation to his God, to his fellow man, and to the things of God’s creation. Ballvè has defined economics as “The study of human action directed toward the satisfaction of wants by the exercise of […]
Continue reading →Written by Gary North on October 31, 2015
This is an amazing video. Over three million people have seen it. Notice that there are a dozen workers on the bridge. There may not be as many as there would have been, had the machine not been invented, but there are still employees. They are skilled employees. Message: don’t be John Henry.
Continue reading →Written by Gary North on March 28, 2015
So, you thought you would not face the Asian hordes in your lifetime. No such luck. The hordes will soon be connected to the Web — for free. You won’t be. They will be. They will be able to say those powerful words: “I’ll do it a lot cheaper.” The price of Asian-made smart phones […]
Continue reading →Written by Gary North on February 23, 2015
Gov. Scott Walker and the legislature were successful in 2011 in passing a law that undermined the ability of unions in the public sector to strike. This took away the threat of the public unions. Wikipedia describes the law. The bill requires additional contributions by state and local government workers to their health care plans […]
Continue reading →Written by Gary North on February 20, 2015
Stop the presses! (You remember presses, don’t you?) “Walmart is paying people $9 an hour.” The Leftist press is outraged. “It’s a public relations stunt! It’s not enough!” Doubt me? Click here. Paying $9 an hour is enough to keep workers from quitting. It’s enough to get potential workers filling out job applications forms. If […]
Continue reading →Written by Gary North on February 4, 2015
To keep his $10.55 an hour job, this 56-year-old man walks almost 45 miles a day, five days a week. He has done this for over a decade. He is serious about working. He says this: “Nobody can say I haven’t paid my dues.” If someone wants to pay these dues, he can find work. […]
Continue reading →Written by Gary North on January 27, 2015
The experiment is over in the United States. Except for unions of tax-supported workers, they’re kaput. They only existed because the federal government gave them monopolies. Now the National Labor Relations Board is impotent. White collar workers won’t vote to join. Unions can’t shut down industries with strikes. They are hard pressed to close a […]
Continue reading →Written by Gary North on December 17, 2014
This is another cliché of protectionism. I keep adding more, here: http://www.garynorth.com/public/department162.cfm The logic of economics applies across borders: county, state, and national. Deny this, and you deny economics. Conservatives deny economics. They promote tariffs and import quotas across national borders, but not state and county borders. Ludwig von Mises had a word for this: […]
Continue reading →Posted on December 16, 2014
. . . look at the future of the general practitioner of medicine. This is considered the epitome of the high-skilled, secure, remunerative job. Four years of college! Four years of medical school! Internship! Residency! Government-protected cartel membership! And yet, this profession is going the way of the dodo bird. To understand why, the first […]
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