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When the Treasuries Are Empty

Written by Gary North on November 21, 2015


The secular world today is religiously committed to pragmatism. If something “works,” meaning survives for over a decade, then it is considered valid until it subsequently fails. The trouble is, some policies take over a century to fail. Witness the collapse of the public education system in England and the United States. Witness the collapse […]

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Henry Hazlitt’s Enormous Contribution

Written by Gary North on September 19, 2015


I started writing Christian Economics in One Lesson in late March. It took Hazlitt six weeks to write Economics in One Lesson in early 1946. If he devoted 40 hours a week, that would have been about 240 hours. It took me under 100 hours to write my book. I had the advantage of having […]

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Economic Ideas Have Consequences . . . Indirectly

Written by Gary North on September 12, 2015


In the year 1750, the greatest philosopher in the world was the Scotsman, David Hume. Toward the end of the century, the philosopher who replaced him as the greatest philosopher in the world was Immanuel Kant. Yet, Kant wrote the following: “I freely admit that it was the remembrance of David Hume which, many years […]

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Christian Economics in One Lesson, Chapter 23

Written by Gary North on September 5, 2015


The Assault on Saving The LORD shall open unto thee his good treasure, the heaven to give the rain unto thy land in his season, and to bless all the work of thine hand: and thou shalt lend unto many nations, and thou shalt not borrow (Deuteronomy 28:12). He shall lend to thee, and thou […]

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Why Capitalism Will Win

Written by Gary North on August 29, 2015


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 4

Written by Gary North on April 25, 2015


Public Works Mean Taxes For the lips of a strange woman drop as an honeycomb, and her mouth is smoother than oil: But her end is bitter as wormwood, sharp as a two-edged sword (Proverbs 5:3-4). The author of Proverbs in the first nine chapters contrasts the faithful wife with the strange woman. He uses […]

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A Letter to David Stockman

Written by Gary North on March 14, 2015


Dear David: I want to let you know just how glad I am I’m not in your shoes. Responsibility goes with the territory. You oversee a lot of territory. You obviously have a lot of spare time on your hands, and so you have started a website. It gets a lot of traffic. The site […]

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Americans Don’t Trust Washington

Written by Gary North on March 12, 2015


Americans still think the federal government can and should solve problems. This is their default mode. At the same time, they do not think Washington is competent. This is what is sometimes called cognitive dissonance. Lack of trust is across the boards: in the presidency, Congress, and the Supreme Court. Here are the latest findings. […]

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Undermining John Maynard Keynes

Written by Gary North on February 19, 2015


I have been writing recently about my proposed Keynes project. I have pointed out that no young economist has taken the bait. Nobody wants to devote a lifetime to refute the central economist of the 20th century. Murray Rothbard would have done a devastating job on Keynes, but he died before he got to the […]

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