Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
Written by Gary North on March 4, 2017
Trump says he wants higher tariffs. I hope Congress refuses to cooperate. Here’s why. Whenever the government intervenes, there are winners and losers. Follow the money. A popular slogan in favor of tariffs is this one: “Tariffs protect Americans.” It is an accurate slogan. The question is: “Which Americans are protected?” Another question is: “Who […]
Continue reading →Written by Gary North on December 3, 2016
A couple of friends of mine have proposed lists of economic reforms that Trump would be wise to follow. This list is from Joe Salerno. I have known him since 1974. He is a sensible economist. This list is from John Mauldin. He used to be my business manager in the mid-1980’s. He is a […]
Continue reading →Written by Gary North on November 26, 2016
If I were Lew Rockwell, I would schedule the next Austrian Scholars Conference program in terms of this topic: “What government program should we shut down first?” I would contact all of my heavy hitters who like to stand up in front of an audience and throw hand grenades. I would challenge each of them […]
Continue reading →Written by Gary North on November 26, 2016
When honored by the legal code, the principle of equality before the law always produces economic inequality. In contrast, wealth redistribution by politics must begin with inequality before the law. It is impossible to achieve both forms of equality at the same time because people are unequal in their abilities to satisfy customer demand. Defenders […]
Continue reading →Written by Gary North on November 19, 2016
This is magnficent. This is liberty in action. Cartels are killed by apps. This is the new normal.
Continue reading →Written by Gary North on November 15, 2016
Computers are on the side of liberty. A 19-year-old programmer has created a digital robot that has overturned 160,000 parking tickets in London in one year. The city had to make refunds. This is going to spread. It is going to create havoc for city governments. To read the full story, click the link.
Continue reading →Written by Gary North on September 3, 2016
John Maynard Keynes was a crackpot. So are his followers. All of them. I can hear the shocked response. “But, Dr. North, you’re not supposed to say such things. It’s not polite. It shows a lack of etiquette. People who say such things are themselves dismissed as crackpots.” To which I respond: “Dismissed by whom?” […]
Continue reading →Written by Gary North on July 4, 2016
On this day 240 years ago, New England’s most famous independent wholesaler, John Hancock, and Congress’s stenographer, Charles Thomson, signed a parchment. We celebrate that signing annually, often by setting off low-tariff fireworks imported from China. Most Americans know little about the background of this event. The details they recall from a high school textbook […]
Continue reading →Written by Gary North on May 7, 2016
I wrote this in 1978. It’s on taxes. I live in the sovereign state of North Carolina. Well, it’s not really that sovereign. The U.S. Department of Health, Education, and Welfare has cut off funds to the University of North Carolina because of an insufficient number of blacks on campus. Naturally, the local editorial writers […]
Continue reading →Written by Gary North on April 2, 2016
Someone has created a calculator for estimating the effects of each candidate’s tax reforms. Each candidate has presented a broad view of marginal tax rates. I think this is a clever idea. It gets voters thinking about how each candidate’s programs would fare, other things — e.g., like the economy — being equal. Problem: it […]
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