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. […]

Continue reading →

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, […]

Continue reading →

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 […]

Continue reading →

The Mathematics of Ebola

Posted on October 15, 2014

ebola

When the experts describe the Ebola disaster, they do so with numbers. The statistics include not just the obvious ones, such as caseloads, deaths and the rate of infection, but also the ones that describe the speed of the global response. Right now, the math still favors the virus. Global health officials are looking closely […]

Continue reading →

Kamikaze Politics: “Run, Mitt, Run!”

Written by Gary North on October 15, 2014

mitt-romney

We are told that mainstream Republicans want Mitt Romney to run against Hillary Clinton. No one thinks he will be running against Joe Biden. If there is someone who does, he needs to watch this. Think of this from Mr. Romney’s viewpoint. Running in 2016 will give him an opportunity to lose to the woman […]

Continue reading →

Ebola: It Will End in Either Boredom or Widespread Panic.

Written by Gary North on October 14, 2014

EbolaDruudge

Here are today’s headlines from Drudge.Here is the main headline on Google News. This is mid-October 2014. Does anyone think that the second Dallas hospital worker to get Ebola will be the last? Hardly. Already, this is big news. The public wants to read about it. The public is vaguely concerned. The public has adopted […]

Continue reading →

Senior Banker’s Cancer: It’s Time to Retire

Written by Gary North on October 14, 2014

jamie-dimon

Jamie Dimon is the CEO of the largest U.S. bank, J. P. Morgan Chase.  He has cancer. After three months of absence, he has returned. If a bank can be run by a man getting cancer treatments, then it does not take much to run it. If a senior executive in a major outfit gets […]

Continue reading →
Page 5 of 315« First...«345678»102030...Last »