We require to change the rewards of the entire system, not just health care, however if we do not begin with healthcare, that financial cancer will drag us into national insolvency all by itself. American Health care is a growth industry in the same method cancer is a growth industry: both keep growing until they […]
Gary North – May 17, 2021 From 2011. On December 7, 1941, the marine forces of the Empire of Japan introduced among the most ill-conceived, boneheaded military endeavors in history, one exceeded only by Adolph Hitler’s attack on the Soviet Union the previous June.(Hitler then beguiled Japan once again, four days later, when he stated […]
Reading Jonathan Culbreath’s “Modern Monetary Theory for Conservatives” one can’t help but think of Murray Rothbard’s quip that “it is not a criminal activity to be ignorant of economics … but it is completely reckless to have a loud and vociferous opinion on financial topics while remaining in this state of lack of knowledge.” Culbreath’s […]
Gary North – May 08, 2021 In 1978, James Burke’s Connections was revealed on the BBC. It ended up being an immediate classic.It covers the history of technological innovation. It shows connections that connect dozens of discoveries. A few of these connections were genuinely fantastic. Some individuals would call them providential.Here are the topics:1. The […]
Ludwig von Mises didn’t like recommendations to the “miracle” of the marketplace or the “magic” of production or other terms that suggest that economic systems depend upon some force that is beyond human understanding. In his view, we are better off pertaining to a reasonable understanding of why markets are responsible for astounding levels of […]
Gary North – May 08, 2021 If you could end up being a stay-at-home foreign missionary, would you do it? If you had an opportunity to teach millions of students in their houses around the world, would you do it?What if you could develop a video-based course, when, and let it do the mentor permanently? […]
International Man: In a recent interview, we talked about the fight for monetary supremacy between fiat, bitcoin, and gold– however in the geopolitical sense, the nation with the “best” money ultimately enforces its supremacy on others. Today, the United States dollar is still the global reserve currency, however the United States fiscal and financial policy […]
Gary North – May 10, 2021 From 2011. Niall Ferguson is my preferred Facility analyst, due to the fact that he is an historian who understands a lot about free markets. He composes for the literati. He starred in a PBS series that deserved seeing, and another is scheduled in 2012. He teaches at Harvard […]
The Bank of Japan has actually been pursuing a monetary policy of “yield curve control” (YCC) given that 2016, with which it keeps short and long-term rate of interest for Japanese debt securities at around 0 percent. To do this, it buys huge quantities of federal government bonds. The Reserve Bank of Australia has been […]
Gary North – May 11, 2021 From 2011. The media coverage of the Penn State crisis is huge. It should be huge, but not for the operational reason of the coverage, which has to do with the cultural centrality of football in America. The coverage should be huge because the Penn State crisis is representative […]
