Author Archive | Gary North

The Scam Known as Social Security Trust Funds

A site member posted this: A couple reports by the Congressional Research Service…”Maintaining financial balance after trust fund insolvency would require substantial reductions in Social Security benefits, substantial increases in income, or some combination of the two. The trustees project that following insolvency of the combined funds in 2034, Congress could restore balance by reducing […]

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Last Will and Testament

Jesse Cornish was a familiar face in the hard money movement from 1975 until his death in 1986. He was the master of ceremonies of the seemingly endless series of hard money conferences. He was the go-to guy when it came to introducing speakers. Jesse was a Lutheran equivalent of Burt Blumert. Burt was everybody’s […]

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Seeing Is Not Believing

How do steel and concrete turn into dust before our very eyes? Why don’t our brains acknowledge what we are seeing? Because of this: “This is not possible, by definition.” Seeing is not believing. Wild theories abound. None gets traction. Here is a wild theory. It is supported by impossible videos. The videos are real, […]

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The Case for Optimism

Recently, I wrote an article on lost causes on the Left. I began it with this quotation from a civil rights activist in the mid-1960’s: Mel Leventhal. Everything meaningful that’s ever happened in the world, any change, any improvement comes about because of optimism. The pessimists don’t get anything done. They’re naysayers. You have to see […]

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Let Me Tell You About the 1950s

The great thing about being a historian is that you can write about almost anything and get away with it. Everything that happened in the past that left chronological records is fair game. If you’re really good, you can even fake the chronology. Of course, most historians don’t write, once they get their Ph.D. degrees. […]

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Lost Causes on the Left

“Everything meaningful that’s ever happened in the world, any change, any improvement comes about because of optimism. The pessimists don’t get anything done. They’re naysayers. You have to see the potential for change. And you’ve got to see it not in terms of the moment but in terms of the long view, the long haul.” […]

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Lost Causes on the Right

I came to political awareness in the height of the anti-Communist movement in 1956. I was brought into the conservative movement at a lecture by the Australian anti-Communist physician Fred Schwarz. I have told my story in a collection of reminiscences by 82 libertarians, I Chose Liberty. You can read it here (pages 239ff.). Historians usually date the […]

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Ho Ho Ho

Here is a list of 14 warnings from Mr. Trump on how the U.S. government must get out of Afghanistan. On Monday, August 21, President Trump announced that he has reversed his previous plan to pull U.S. troops out of Afghanistan. His speech is here. Politicians know they can promise anything before they are elected, yet they […]

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Statist Monetary Cranks

I have been writing refutations of monetary cranks for over half a century. I wrote my first essay on a monetary crank, Gertrude Coogan, in 1965. Her book was Money Creators. It came out in the 1930’s in the Great Depression. That was the golden era of anti-gold standard fiat monetary cranks. I wrote the essay […]

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Dealing With the Fascist State

Milton Friedman always wanted to make the welfare state slightly less perverse. He wanted to make education slightly less statist. He proposed vouchers. Supposedly, this was going to lead to greater parental choice. The scheme was nuts from the beginning. No school district ever adopted it. It was fantasy economics, politically speaking. It was designed […]

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Nobel Prize-Winning Fools

John Mauldin wrote a report that deserves wide circulation. Benchmarks like the Consumer Price Index try to reflect the experience of an “average” family, but few families are actually average. We all have our own preferences and priorities.And I want to clear up a common misconception. Deflation is actually good for your household budget in […]

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Why Christian Anti-Capitalists Are Always Wrong

Professors of liberal arts courses other than economics at obscure little Christian colleges — virtually all Christian colleges are obscure and little — are generally opposed to the free market. They got their Ph.D. degrees way back when, and all they really remember about economics is what they learned in a sociology course. That course […]

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Eat Meat

I am on a vegan diet to deal with my cancer. I eat no animal protein. I probably never will again. That’s because I have cancer, and I have read Dr. John Kelly’s book, Stop Feeding Your Cancer. I have been researching diets for five decades. I was restored to health by Francis Pottenger in 1949-50. His […]

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ED Saved My Life

Men don’t like talking about their erectile dysfunction. I am making an exception. Yesterday, I found out from my urologist that my bone scan showed nothing irregular. My prostate cancer has spread outside my prostate, but not far. It is advanced, but not immediately life-threatening. Had he not caught it in time, things would have […]

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Global Warming Porn

So, you want to understand the fringe of the global warming religion. I think I have found it. First, 31,000 scientists have signed a petition saying there is insufficient evidence that any relationship exists between man-made emissions and global warming. You can read this here. In short, the whole global warming scenario is a fantasy. Second, […]

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Beyond Mostly Dead

To understand the Paris Accords on global warming, view this. It is time for checking the pockets. Donald Trump killed the whole deal by pulling out. THE G-20 Buy Gold at Discounted Prices The G-20 is a twice-annual public relations festival of photo opportunities where heads of state get to let voters back home know […]

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Alternative Medicine vs. Crony Capitalism

There are lots of debates between what is called establishment medicine and alternative medicine. They have very different strategies in conducting research. Their standards of proof are different. DOUBLE BLIND AND MORALLY BLIND Establishment medicine relies heavily on what are called double-blind tests. These tests are subject to statistical analysis. But there is a fundamental […]

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A Liberal’s Cry of Despair

For three decades, E. D. Hirsch, Jr. has been one of the foremost defenders of the American public schools. He has also been a critic of the content of American education. None of criticism has gained any traction in the schools. I did a search on Google for “E. D. Hirsch” and “public schools.” I […]

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Tricked on the 4th of July

I do not celebrate the fourth of July. This goes back to a term paper I wrote in graduate school. It was on colonial taxation in the British North American colonies in 1775. Not counting local taxation, I discovered that the total burden of British imperial taxation was about 1% of national income. It may […]

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