Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
Written by Gary North on December 10, 2016
“We had about 4.5 million barrels of oil out there and all of it was vulnerable to .50-caliber bullets. Had the Japanese destroyed the oil, it would have prolonged the war another two years.” — Admiral Chester Nimitz On December 7, 1941, the Japanese Imperial Navy launched the most suicidal naval attack in modern history. […]
Continue reading →Written by Gary North on December 10, 2016
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 […]
Continue reading →Written by Gary North on December 3, 2016
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 […]
Continue reading →Written by Gary North on December 3, 2016
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 […]
Continue reading →Written by Gary North on December 3, 2016
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 […]
Continue reading →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 […]
Continue reading →Written by Gary North on November 26, 2016
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 […]
Continue reading →Written by Gary North on November 26, 2016
If I were Lew Rockwell, I would schedule the next Austrian Scholars Conference program in terms of this topic: “What government program should we shut down first?” I would contact all of my heavy hitters who like to stand up in front of an audience and throw hand grenades. I would challenge each of them […]
Continue reading →Written by Gary North on November 26, 2016
I have been writing publicly ever since 1958. Over the years, I have received my fair share of letters from crackpots, really stupid people, and people so far beyond the fringe that I wonder how they function. Nevertheless, I have received an email from a man who puts them all to shame. I wrote an […]
Continue reading →Written by Gary North on November 26, 2016
It’s here. All but the most creative brick layers had better have a fallback career strategy. This machine does in two days what it takes a crew two weeks to do.
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