Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
Written by Gary North on February 9, 2015
News from Pew Research. The share of adults who live in middle-income households has eroded over time, from 61% in 1970 to 51% in 2013. Although the share is unchanged in recent years – it was the same in 2010 – the erosion over the last four decades has been sure and steady, through economic […]
Continue reading →Written by Gary North on January 24, 2015
My new book is now typeset: The Covenantal Structure of Christian Economics. You can download it here: http://www.garynorth.com/CovenantalEconomics.pdfIt is different from every other book you have read on economics. It begins with this question: “Who owns this?” This is the most divisive question in economic thought. Because it is divisive, economists ever since Adam Smith […]
Continue reading →Written by Gary North on January 19, 2015
The Left-wing Oxfam group has issued a report saying that the world’s wealthiest 1% will soon own 50% of the world’s wealth. This press release has been nicely timed to match the meeting at Davos, Switzerland of the world’s wealthiest people. Oxfam pulled the same PR stunt last year at this time. It worked. So, […]
Continue reading →Written by Gary North on October 2, 2014
For most people throughout history, marriage has been the primary means of attaining increased production. The reason is simple: the division of labor. It enables people to specialize. Specialization increases output per unit of resource input. That is how economists describe economic production. I was able to achieve considerable output as a graduate student. I […]
Continue reading →Posted on April 15, 2014
A study recently released by Frontiers of Freedom suggests that in the Obama administration, money talks. The paper insists that crony capitalism is behind many of the Justice Department’s decisions when it comes to approving or rejecting mergers, and that “friends” of the Administration stand to gain enormous financial “gifts” in return for their generosity. […]
Continue reading →Posted on March 27, 2014
President Barack Obama has spent more time traveling abroad than other U.S. president in history at this point in their presidencies, according to a forthcoming study from the National Taxpayer Union Foundation (NTUF) provided exclusively to Breitbart News ahead of its public release. “The most internationally well-traveled President, through five years, is also flying the […]
Continue reading →Written by Gary North on February 3, 2014
Every year, Jim Wallis speaks at the World Economic Forum in Davos, Switzerland. That is where the elite eat, meet, and retreat. Then they go back home and run the world. Here, the richest and most powerful people on earth meet — about one-third of the 6,000 people who constitute what David Rothkopf has labeled […]
Continue reading →Written by Gary North on January 22, 2014
The superclass is meeting at Davos this week. In the words of Archie the bartender at Duffy’s Tavern, it’s where the elite meet to eat. They will be able to attend a wide range of seminars, in an attempt to see what’s coming next. They don’t know. The accelerating diversity of opinions is overwhelming the […]
Continue reading →Written by Gary North on May 15, 2013
Gary North’s Reality Check Over half a century ago, Ludwig von Mises made a crucial observation. The capitalistic social order, therefore, is an economic democracy in the strictest sense of the word. In the last analysis, all decisions are dependent on the will of the people as consumers. Thus, whenever there is a conflict between […]
Continue reading →Written by Gary North on February 19, 2013
At age 4, kids are expert test-takers. They have to be. If they don’t score well, they will have to attend a public school. Yes, a public school. A New York City public school. The kid is doomed. Rich parents dread the thought. At $30,000 for kindergarten, there is still intense competition. Think of $400,000 […]
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