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High-Output Marriages

Written by Gary North on October 2, 2014

wedding-rings

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 […]

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How Loud Does Money Talk? Proposed Time Warner and Comcast Merger Could Show

Posted on April 15, 2014

time-warner-comcast

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. […]

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Sure He Has To Travel, But Should Obama’s Flights Cost This Much?

Posted on March 27, 2014

Air-Force-One

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 […]

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Mises’ Answer to Would-Be Conspirators: You Will Lose

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 […]

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Downton Abbey: Soap Opera for Property Rights

Written by Gary North on February 14, 2013

Gary North’s Reality Check I am not a big Downton Abbey fan. I watched the first half a dozen episodes, but then I realized that the thing was turning into a very expensive soap opera. I stopped watching. I am a Foyle’s War fan. I prefer period piece murder mysteries to period piece soap operas. […]

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The Luddites Among Us

Written by Gary North on February 6, 2013

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 […]

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Wealthy Chinese Flee China

Written by Gary North on December 26, 2012

If you get rich in China, you get out. The elderly Communists who run the country are tyrants. If you get enough money to flee, you flee. About 150,000 wealthy Chinese have flown the coop this year. Their #1 destination: the USA. Who can blame them, other than elderly Communist tyrants? Technically, these people can […]

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