Keynesians Are in Panic Mode: Another Desperation Move

Written by Gary North on March 28, 2013

The latest country to invoke panic spending is South Korea. Its economy is faltering. What is needed? A bigger deficit, of course. Then what? More central bank inflation. The central bank is expected to cut interest rates on short-term government bonds next month. All over the world, East and West, the politicians are desperate. So […]

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Young Democratic Socialists: Hopeless Beyond Belief

Written by Gary North on March 28, 2013

“A spectre is haunting Europe — the spectre of communism.” — Karl Marx and Frederick Engels, Manifesto of the Communist Party (1848), opening sentence I bring good news. Marxism is really, truly dead. I figured that out in late 1991. The drunken stupor of the would-be counter-coup, anti-Yeltsin Communists  in mid-August was the sign of […]

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13 Assumptions That Put Your Children at Risk

Written by Gary North on March 26, 2013

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. […]

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ObamaCare Will Weigh You Every Time You Visit the Doctor

Written by Gary North on March 26, 2013

Nanny Obama is giving Nanny Bloomberg a run for his money. ObamaCare will now force you to be weighed and measured every time you go to the doctor’s. Your BMI is important to the federal government. Why? It’s not clear yet. At some point, fat people will start getting nagged. That’s what nannies are for. […]

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Europe’s Bailout Rebound Lasts Three Hours. Reverses.

Written by Gary North on March 26, 2013

Yesterday, I ridiculed the idea that the Cyprus bailout would be the last one. Within hours, Europe’s stock markets fell. So did the euro. The initial optimism collapsed. Why? Because the faceless bureaucrat who heads the faceless, unnamed EuroGroup admitted the truth: the rescue of Cyprus would serve as a model for the next round […]

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Video: “How Come We’re So Rich?”

Written by Gary North on March 26, 2013

I gave this lecture at the annual Austrian Economics Research Conference, held at the Mises Institute in Auburn, Alabama. I gave it on Friday afternoon, March 21. The topic, “How Come We’re So Rich?” dealt with the Industrial Revolution, and how it has changed our lives in ways unimaginable in 1800. We forget how utterly […]

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