Walmart: “The Doctor Is In!” For $40.

Written by Gary North on October 18, 2014

walmart

Price competition has just taken a giant step forward in medical care. Walmart is getting into the clinic business. This will be mass production.  Most people are within a short drive of a Walmart. Medicare people can get in. Walmart will not be taking other medical insurance except for its in-house program. This means reduced […]

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Betting on Gridlock: A Sure Thing

Written by Gary North on October 17, 2014

SenateBet2014

The Iowa Electronic Markets lets people place small bets on certain events. Because the bets cannot go over $500, the government allows this. The site is run by the University of Iowa. I trust the judgment of the law of large numbers. So, I think this site beats the public opinion polls. The participants have […]

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Bagpipes and Liberty

Written by Gary North on October 17, 2014

bagpipes

Some of you will scoff. “North has gone round the bend this time.” On the contrary: the United States government has gone round the bend . . . again. I begin with North’s law of bureaucracy: “Some bureaucrat will inevitably enforce an official rule to the point of utter imbecility.” There are no known exceptions […]

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Houston Subpoenas High-Profile Pastors: Sermon Monitoring

Written by Robert Murphy on October 17, 2014

houston-pastors

I saw several people denouncing this on social media, and I assumed they were exaggerating. But no, the city of Houston has been subpoenaing local pastors for written copies of their sermons. As the Houston Chronicle explains: Houston’s embattled equal rights ordinance took another legal turn this week when it surfaced that city attorneys, in […]

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In the Welfare State, Beggars Learn to Be Choosers — Very Picky Choosers

Written by Gary North on October 16, 2014

welfare

The welfare state mentality is close to universal today. Half of Americans are on the dole to one degree or another. The outlook of this society is one of entitlements. They are deliberately called entitlements by their defenders because “charity” sounds voluntaristic. These handouts are not voluntary, as both the legislators and the recipients know. […]

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The TSA Spots Gold. “What Is This?” A Medal.

Written by Gary North on October 16, 2014

tsa-screening

In 2011, Brian Schmidt won the Nobel Prize in physics. He took the medal to Fargo, North Dakota, to show his grandmother. She lives in Fargo. There, he encountered the TSA, always on the job to Keep America Safe. He was not coming into Fargo. He was leaving. He describes what happened. ‘They’re like, “Sir, […]

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Two Mindsets: Entrepreneurial and Bureaucratic

Written by Gary North on October 16, 2014

mises

What I write here is an extension of Ludwig von Mises’s little book, Bureaucracy. We do not know the future with much precision. Therefore, everyone is to some extent an entrepreneur. An entrepreneur is a person who buys low and sells high. He forecasts the future, devises a plan to deal with the future, and […]

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