Assembly Line Heart Surgery: Bodies Cut, Costs Slashed

Written by Gary North on December 17, 2016

heart-surgery

The free market is a system of cost-cutting through mass production. Profits rise as costs fall and prices fall. The difference is volume. The most famous model is Henry Ford’s auto assembly system. Now it has come to medicine a century after it came to auto manufacturing. A friend of mine had knee replacement surgery […]

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Pre-Crimes, Pre-Schools, and the Passive Voice

Written by Gary North on December 17, 2016

preschool

Passive voice: “Something should be done about this.” Active voice: “Give me a badge and a gun, and I will do it.” A GaryNorth.com site member spotted this article. A simple test at the age of three can determine whether children will grow up to be a burden on society, needing excessive welfare, ending up […]

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Lazy Authors vs. Link Shorteners

Written by Gary North on December 17, 2016

link-shorteners

One of my pet peeves is a full-URL in a footnote in a printed book. The footnote may be 60 characters long. It may be longer. The author is visibly lazy. He did not type in this URL. He used cut and paste to stick it into his manuscript. Yet he expects readers to type […]

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India’s Anti-Cash Modi Liberates the Rest of Us

Written by Gary North on December 10, 2016

modi

India’s Prime Minister Narendra Modi is just another political hack. Like politicians in general, he does not understand economics. He does not understand the law of unanticipated consequences. He does not understand that government is dumb. On November 8, he unilaterally and without warning declared the two highest value paper currency units obsolete: the 500-rupee […]

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My Christian Economics in One Lesson — Hardback

Written by Gary North on December 10, 2016

christian-economics

This is ad copy from the publisher: Hot off the press: Christian Economics in One Lesson, by Dr. Gary North. Powder Springs, GA: American Vision Press, 2016. Hardback with dust jacket. 241pp. $25.00. On Sale: $20.00. Christian Economics in One Lesson is a biblical reworking of Henry Hazlitt’s classic introduction to economic thought, Economics in […]

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Penny Wise. Time Foolish.

Written by Gary North on December 10, 2016

money-time

The labor theory of value blinded the classical economists, pre-1870. They thought that labor produces value. Then why is a diamond worth so much, even one that someone just happens to see shining in the dirt, which he picks up? Here is economic logic: the expectation of value calls forth the labor and time and […]

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I’ve Been Cheated!

Written by Gary North on December 3, 2016

paul-rockwell

Lew Rockwell made it. Ron Paul made it. But I didn’t. You can read about it here. Some unknown lefty outfit compiled a list of 200 websites promoting what it called the Russian party line. Lefty outfits liked outfits that did this back before the Soviet Union collapsed in 1991 — 25 years ago. But […]

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Economic Reforms to Make America Great

Written by Gary North on December 3, 2016

tax-reform

A couple of friends of mine have proposed lists of economic reforms that Trump would be wise to follow. This list is from Joe Salerno. I have known him since 1974. He is a sensible economist. This list is from John Mauldin. He used to be my business manager in the mid-1980’s. He is a […]

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