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Democracy: The Real Deal vs. the Textbook Version

Written by Gary North on September 30, 2014

james-buchanan

James Buchanan won the Nobel Prize in 1986. I started reading him in 1964. He was famous for his criticism of democracy in his book, The Calculus of Consent. He was one of two Nobel Prize winning economists who won the prize after the University of Virginia’s department of economics pressured him to leave. The […]

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Secession: No Longer a Nutty Idea

Posted on September 20, 2014

secession

The failed Scottish vote to pull out from the United Kingdom stirred secessionist hopes for some in the United States, where almost a quarter of people are open to their states leaving the union, a new Reuters/Ipsos poll found. Some 23.9 percent of Americans polled from Aug. 23 through Sept. 16 said they strongly supported […]

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Scotland Will Stay In: The Betting Sites Were Right

Written by Gary North on September 19, 2014

intrade

Once again, the betting sites had it right. The public opinion polls had it wrong. The polls predicted a dead heat: too close to call. But it was easy to call, and the betting sites called it. The “no” votes smashed the “yes” votes, 56% to 44%. It was not even close. The betting sites […]

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Ann Coulter Calls Libertarians “Idiots.”

Written by Gary North on September 18, 2014

ann-coulter

The lady never learns. “I am a Republican stalwart!” The biggest current danger for Republicans is that idiots will vote for Libertarian candidates in do-or-die Senate elections, including Kentucky, Kansas, North Carolina and Colorado. (That’s in addition to the “Independent” in Kansas who’s a Democrat.) Democratic candidates don’t have to put up with this crap […]

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Betting: Scotland Stays In

Written by Gary North on September 16, 2014

scotland-vote

I trust the betting sites more than I trust public opinion polls. On Monday, the betting sites gave an 80% chance that Scotland’s voters will vote no to separation. The latest odds data from all the UK’s major betting companies show between 80% and 83% probability that Scotland will remain a part of the UK […]

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Political Legitimacy, Empire, and the Empty Purse

Written by Gary North on September 8, 2014

us-capitol

I recently wrote an article about the successful stonewalling by the Internal Revenue Service of congressional inquiries into the IRS’s handling of applications for tax-exempt status submitted by conservative organizations. The IRS has proven itself to be utterly immune to Congress. It has told Congress: “Go fish.” My point was simple: the only real clout […]

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Bastard Nation: America’s Welfare State Comes of Age

Written by Gary North on September 5, 2014

BastartStats

You knew this, but it’s nice to be reminded. We get what we pay for. Conservatives 60 years ago said this would happen. It happened. It will keep happening. There is no turning back until the welfare state runs out of other people’s money. You want an explanation for America’s growing inequality? Start here. The […]

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