Pension Fund Benefits Are Cut at the Washington Post

Written by Gary North on September 30, 2014

washington-post

The liberal WaPo got bought last year by Jeff Bezos, who runs Amazon. It has just announced a freeze on pension benefits. The sinking ship of print media is doomed. It is a delight to see. All those liberals; so few lifeboats! They had hoped. They had dreamed. They had trusted management. Now they are […]

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Democracy: The Real Deal vs. the Textbook Version

Written by Gary North on September 30, 2014

james-buchanan

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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Robot Journalists Never Sleep

Written by Gary North on September 29, 2014

robot-writers

This is an interesting development. At dawn on 17 March the inhabitants of Los Angeles were woken by a mild tremor. Less than three minutes later the Los Angeles Times website published an initial piece on the subject, at first sight a wire drafted in haste by a press agency: “A shallow magnitude 4.7 earthquake […]

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Ruth: The Most Famous Adoption in the Old Testament

Written by Gary North on September 29, 2014

This is only book in the Bible that you can say is exclusively heartwarming. The story of Ruth’s decision to accompany her mother-in-law back to Israel is the story of the biblical covenant. It is the story of a shift in allegiance: from the gods of Moab to the God of the Bible. Back in […]

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Zombie Math: Common Core Math Is the New Math of 1965

Written by Gary North on September 27, 2014

Common Core math for children is a reincarnation of the failed “New Math” experiment of the late 1960’s. The goal is the same: to baffle parents who understand math. If parents cannot understand how to teach math this way, then they are tempted to turn all teaching over to classroom teachers in tax-funded schools. The […]

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Walter Block: Austrian Economics’ Footnote Machine

Written by Gary North on September 27, 2014

walter-block

Walter Block is a professor of economics at Loyola University in New Orleans. He has been an active participant in the libertarian movement for over 40 years. Within the libertarian camp, he is by far the most prolific in academic journals. Nobody else comes close. He has published something in the range of 450 journal […]

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Murray Rothbard, 1; Jim Willie, 0

Written by Gary North on September 26, 2014

fed

One year ago, Jim Willie made a big mistake. He wrote off Murray Rothbard as a dolt. He did not mention Rothbard by name. He was too smart for that. He simply dismissed Rothbard’s description of how the Federal Reserve System works. Jim Willie thought he knew better. I warned him about this. He ignored […]

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