Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
Written by Gary North on March 12, 2016
My friend and former business manager John Mauldin has become an economist. I hate to see this. He is a good analyst. He is a good commentator on business trends. His site is a veritable clearing house of insights of famous market analysts. But now he has wandered astray. He has become an economist. His […]
Continue reading →Written by Gary North on March 12, 2016
The profit motive: everyone knows that the free market economic system operates in terms of the profit motive. The trouble is, hardly anyone understands where profits come from. This includes the businessmen who make them. This failure to understand the source of profits has given a real advantage to the critics of the market. When […]
Continue reading →Written by Gary North on March 12, 2016
And Pharaoh said unto Joseph, I am Pharaoh, and without thee shall no man lift up his hand or foot in all the land of Egypt . . . And Joseph went out over all the land of Egypt. And Joseph was thirty years old when he stood before Pharaoh king of Egypt. And when […]
Continue reading →Written by Gary North on March 5, 2016
Written by Gary North on February 6, 2016
David Stockman uses the most antagonistic rhetoric against Keynesians that I have ever read. He is merciless. He gives no quarter. That’s why I love to read his articles. Here is a good one. It is on the world’s central bankers, who have driven down interest rates to zero, and have thereby sacrificed the interests […]
Continue reading →Written by Gary North on January 30, 2016
Every January, the richest people in the world get together to meet at Davos, Switzerland, at the world economic forum. Also present are the best and the brightest in the Keynesian community, whose plane fares and hotel rooms are taken care of. These are the hired hands. Every year, everyone hopes he is going to […]
Continue reading →Written by Gary North on January 30, 2016
Most people believe that second rate performance is fine, and third-rate performance is acceptable. I do not, and I never have. The more important your cause is to you, the more important you think your cause should be to the world. If you represent your cause in a second rate way, you are doing your […]
Continue reading →Written by Gary North on January 9, 2016
Because of the nature of the economics profession–“guild” might be a better word–it is necessary to put quotation marks around the words, “honest money.” Economists will go to almost any lengths to avoid the use of moral terms when they discuss economic issues. This has been true since the seventeenth century, when early mercantilistic pamphlet […]
Continue reading →Written by Gary North on December 5, 2015
The twentieth century has witnessed the beginning, development, and end of the most tragic experiment in human history: socialism. The experiment resulted in tremendous human losses, destruction of potentially rich economies, and colossal ecological disasters. The experiment has ended, but the devastation will affect the lives and health of generations to come. The real tragedy […]
Continue reading →Written by Gary North on November 28, 2015
I favor flat taxes: the principle of the tithe. There is no “graduated tithe.” The tithe is good enough for God. Ten percent should be more than enough for all the imitation gods — combined — that want to get their hands into our wallets. I favor direct flat taxes on real estate, but only […]
Continue reading →
