Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
Gary North’s Reality Check There are 13 assumptions that pave the road of good educational intentions. Most Christian parents who send their children to college have adopted eleven of the 13. The first one is this: “The state has both the authority and the moral obligation to fund education.” Then come the other 12. 2. [...]
Continue reading →Gary North’s Reality Check The conservative movement has always been filled with monetary cranks. This has been true for well over a century. These cranks have never read a book on economics. They have never taken a class in economics. They have zero practical experience in finance. They come before the conservative public and present [...]
Continue reading →Gary North’s Reality Check I wrote a critique of Leftist commentator James Howard Kuntsler, who praises local government action to make it illegal to open a Walmart store or any other “big box” store, as he calls them. You can read my critique here: http://www.garynorth.com/public/10717.cfm Kunstler has coined a phrase to describe Tea Party supporters: [...]
Continue reading →Gary North’s Reality Check “It is said that if you know your enemies and know yourself, you will not be imperiled in a hundred battles; if you do not know your enemies but do know yourself, you will win one and lose one; if you do not know your enemies nor yourself, you will be [...]
Continue reading →Gary North’s Reality Check Certain economic ideas that are both logically wrong and unsupported by historical facts, and which have been known to be wrong for 250 years, are still widely held. This annoys economists. There is something that seems inherent in men’s approach to thinking about their own wealth that persuades them that what [...]
Continue reading →Gary North’s Reality Check (Jan. 22, 2013) The largest banks are immune to reform or regulation. They control the Federal Reserve System, and have since the beginning in 1914, when it opened for business. The Congress defers to the FED. So, the banking system never changes much. There is never a significant reform. Today, the [...]
Continue reading →Gary North’s Reality Check (Jan. 18, 2013) When Ron Paul left the House of Representatives, this created a vacuum. Libertarians only had two representatives over the last 60 years: Howard Buffett and Ron Paul. That is not a lot of representatives. These days, the conservative movement seems as bereft of leaders in Congress as the [...]
Continue reading →Gary North’s Reality Check Charles Evans is the president of the privately owned Federal Reserve Bank of Chicago. On January 14, he gave a speech in Hong Kong. As with all speeches by Federal Reserve Bank officers, except for Bernanke the Boring, he was careful to say that his views were only his own. “Before [...]
Continue reading →Gary North’s Reality Check Milton Friedman was very smart and a great debater. I knew him. I liked him. But he was no different from other very clever fellows. When he got something conceptually wrong, he was dangerous. My professor of apologetics at seminary was Cornelius Van Til. Apologetics is the philosophical defense of the [...]
Continue reading →Gary North’s Reality Check Here is the first political jingle I ever heard. “They promise you the sky. They promise you the earth. But what’s a Republican promise worth? Don’t let them take it away!” It was sung by a quartet at the 1952 national convention of the Democratic Party. If you substitute the word [...]
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