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Betting on Gridlock: A Sure Thing

Written by Gary North on October 17, 2014


The Iowa Electronic Markets lets people place small bets on certain events. Because the bets cannot go over $500, the government allows this. The site is run by the University of Iowa. I trust the judgment of the law of large numbers. So, I think this site beats the public opinion polls. The participants have […]

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Kamikaze Politics: “Run, Mitt, Run!”

Written by Gary North on October 15, 2014


We are told that mainstream Republicans want Mitt Romney to run against Hillary Clinton. No one thinks he will be running against Joe Biden. If there is someone who does, he needs to watch this. Think of this from Mr. Romney’s viewpoint. Running in 2016 will give him an opportunity to lose to the woman […]

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Why America is NOT Going Totalitarian

Written by Gary North on October 6, 2014


We say that individuals are responsible for their actions. Libertarianism teaches this. Christianity teaches this. There is no plea bargaining on judgment day. There are no corporate defenses. “The devil made me do it” will not hold up in that court. We should explain economics in terms of individuals’ decisions. We should also explain politics […]

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Democracy: The Real Deal vs. the Textbook Version

Written by Gary North on September 30, 2014


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


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


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


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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