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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These Bubble Cities Face a Sharp Pin

Posted on December 3, 2016

bubble-real-estate

By Wolf Richter Now in San Francisco, New York, Boston, Chicago, Washington DC, and perhaps a city near you. Averaged out across the US, asking rents for apartments still rose in November on a year-to-date basis, though more slowly than before, with the median asking rent for a one-bedroom up 1.8% and for a two-bedroom […]

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Textbooks: Marks of a Second Rate Homeschool Curriculum

Written by Gary North on December 3, 2016

textbooks

The typical homeschool mom has been told this: “Beware of online education. Computers are bad!” This is the sales pitch of homeschool curriculum producers that did not see what the Khan Academy would do to education. They do not know how to respond. They have “bet the farm” on Gutenberg, not video-based education. They are […]

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Ticket Price Time Warp in Nashville

Written by Gary North on December 3, 2016

On Friday evening, I went with my daughter, who lives in Nashville, and my wife to see the Roland White Band. I took with me a CD of White’s 1967 performance in the week that he joined Bill Monroe’s Blue Grass Boys. I intended to give it to him. I had been sent a copy […]

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The Myth of a Divided America

Written by Gary North on November 26, 2016

america

Reality Check We are told that the United States is deeply divided today. If only it were true. Let’s talk about some real divisions in American history. The nation was deeply divided in 1775-81, when the non-Canadian North American colonies of the British Empire had a civil war over secession. It produced the only hyperinflation […]

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