3-D Printing and Factory Jobs

Written by Gary North on September 12, 2015

We have all heard about 3-D printing. A machine that costs around $1,000 can produce copies of some product, even a gun. Over the next three decades, these machines will become more powerful. They will get cheaper. Tens of millions of products will be produced in millions of basement 3-D machines, or else in small […]

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Economic Ideas Have Consequences . . . Indirectly

Written by Gary North on September 12, 2015

In the year 1750, the greatest philosopher in the world was the Scotsman, David Hume. Toward the end of the century, the philosopher who replaced him as the greatest philosopher in the world was Immanuel Kant. Yet, Kant wrote the following: “I freely admit that it was the remembrance of David Hume which, many years […]

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Christian Economics in One Lesson, Chapter 23

Written by Gary North on September 5, 2015

The Assault on Saving The LORD shall open unto thee his good treasure, the heaven to give the rain unto thy land in his season, and to bless all the work of thine hand: and thou shalt lend unto many nations, and thou shalt not borrow (Deuteronomy 28:12). He shall lend to thee, and thou […]

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David Stockman’s Burden

Written by Gary North on September 5, 2015

David Stockman has written the finest piece of financial journalism of our generation: The Great Deformation: The Corruption of American Capitalism. It shows how we got into the mess we are in. Blame the government. Then blame us. It is our government. We must not parrot Flip Wilson’s Geraldine: “The devil made me do it!” […]

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$60 Smart Phone (No Contract)

Written by Gary North on September 5, 2015

Price competition keeps pushing ahead. The market keeps getting larger. In Asia, Android is winning. Now, there is another Chinese invasion. What is this $60 phone? In AT&T stores it’s the ZTE Maven, which has a screen, speakers, and a processor with capabilities somewhere between the iPhone 5 and 6. As Tony Greco, ZTE’s head […]

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Christian Economics in One Lesson, Chapter 22

Written by Gary North on August 29, 2015

The Mirage of Inflation Thy silver is become dross, thy wine mixed with water (Isaiah 1:22). The prophet Isaiah was publicly criticizing the nation as a whole. He also spelled out the crimes of political rulers. They were bribe-takers. They were companions of thieves (v. 23). They rendered false judgment, cheating widows and orphans (v. […]

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Why Capitalism Will Win

Written by Gary North on August 29, 2015

In the first week of January, 1950, Harvard economist Joseph Schumpeter was completing the final edits of a manuscript which he had delivered as a speech on December 30, 1949. The title was: “The March into Socialism.” He died before he finished the editing. The article became a classic. It was reprinted in the third […]

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