Author: Gary North

Wilt Chamberlain was the greatest American athlete in the second half of the twentieth century. At the University of Kansas, he was a great track & field athlete. The 7’2″ goliath ran a sub 11 second 100 yard dash and also threw the shot put 56 feet. Despite competing and excelling in both sprinting and throwing his best events were not surprisingly the jumping events as Chamberlain triple jumped in excess of 50 feet and successfully won the Big 8 Conference high jumping competition three years in a row. In the world of track and field it is an extraordinarily … Continue reading →

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No matter who is elected this November, there will be a recession before the next President is elected. This is why we should not lose sight of cause and effect: central banking. This is true in every major nation and the Eurozone. Central banks operate domestic banking cartels. These cartels operate for the advantage of large multinational banks. The central banks establish the rules of money creation domestically. This places limits on the banking system as a whole. When there is a recession, blame the central bank. It establishes the rules governing the creation of the central economic institution: money. … Continue reading →

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Remnant Review “There are those who still think they are holding the pass against a revolution that may be coming up the road. But they are gazing in the wrong direction. The revolution is behind them. It went by in the Night of Depression, singing songs to freedom.” — Garet Garrett, The Revolution Was (1938) There have been a number of revolutions in American history. It began with the American Revolution, which was armed resistance against the lawful government. Then came the revolution that was disguised as an act of Republicanism: the Constitutional Convention of 1787. That was a coup … Continue reading →

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Ambrose Evans-Pritchard has written an article on a United Nations report on debt and default. He is a Keynesian. He worries about deflation. Deflation is the ultimate negative sanction in his view. Like all Keynesians, he does not understand the healing effects of deflation. But I read him because he provides data on the fragility of today’s debt-based Keynesian economy. What he fears, I look forward to the day of reckoning on debt, which is the bastard child of central bank inflation and government deficits. Like an unwed couple, Keynesians want to continue the liaison, but without negative consequences. There … Continue reading →

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This video is a very good example of a low-budget presentation that is persuasive. It cost the producer time, not money. At the time that I discovered it, it had received about 25,000 hits. Dr. Tom Woods subsequently found another posting of this video. It had 2.5 million hits. The author stated his case, which is compelling. It is so compelling that the refusal of the mainstream media to consider its thesis indicates an intense bias in favor of her election. The media are suppressing the truth. If the media were interested in refuting this, they would interview at least … Continue reading →

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“Our country can survive the occasional infelicities and improprieties of Donald Trump. But it cannot survive losing the Supreme Court to liberals and allowing them to wreck our sacred republic. It would reshape the country for decades.” — Bill Bennett How seriously should we take this prediction. Not at all. How seriously should we take Bill Bennett? Even less. Let’s consider Bill Bennett. He was the Director of the Office of National Drug Control Policy from March 13, 1989 — December 13, 1990. He failed. The office should never have been created. Before this, he was Secretary of Education from … Continue reading →

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This is a really good presentation. He recommends apprenticeship. So do I. He recommends learning a skill. So do I. He recommends community colleges because the teaching is better. So do I. He does not recommend online accredited schools for under $15,000. He warns about the Ph.D. glut. I knew this was coming in 1966. I knew it would hit in 1969. I was warned by the president of the University of California, Clark Kerr. He knew. This is old information. But it never gets out. Parents just refuse to hear it. Physical Gold & Silver in your IRA. Get … Continue reading →

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John Maynard Keynes was a crackpot. So are his followers. All of them. I can hear the shocked response. “But, Dr. North, you’re not supposed to say such things. It’s not polite. It shows a lack of etiquette. People who say such things are themselves dismissed as crackpots.” To which I respond: “Dismissed by whom?” Here is my view: “Crackpot is as crackpot does.” Also: “Crackpot was as crackpot wrote.” Here is a passage from Keynes’ General Theory of Employment, Interest, and Money (Macmillan, 1936). This book has remained in print in the original edition ever since. You are about … Continue reading →

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The big story on Drudge’s site on the evening of August 23 was this one: the records of Hillary Clinton’s meetings as Secretary of State reveal that half of the non-government people she met with gave donations to the Clinton Foundation. Here is what the Associated Press article announced: WASHINGTON (AP) — More than half the people outside the government who met with Hillary Clinton while she was secretary of state gave money — either personally or through companies or groups — to the Clinton Foundation. It’s an extraordinary proportion indicating her possible ethics challenges if elected president. At least … Continue reading →

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The big story on Drudge’s site on the evening of August 23 was this one: the records of Hillary Clinton’s meetings as Secretary of State reveal that half of the non-government people she met with gave donations to the Clinton Foundation. Here is what the Associated Press article announced: WASHINGTON (AP) — More than half the people outside the government who met with Hillary Clinton while she was secretary of state gave money — either personally or through companies or groups — to the Clinton Foundation. It’s an extraordinary proportion indicating her possible ethics challenges if elected president.At least 85 … Continue reading →

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About two months ago, I could not access Forbes. I got a message: turn off your ad-blocking software. I didn’t. I notice that Forbes has reverted to its three-second delay strategy. The Telegraph, a British site, tried the same strategy. That lasted about a month. I know why. Almost no one turned off the ad-blocking feature. It’s not clear how to do this. I don’t recall. I decided to ignore the problem. There is always some site that offers the same story. The financial sites, Wall Street Journal and Financial Times still close access. So do the New York Times … Continue reading →

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We are losing our privacy forever. Most people just don’t care. We can see this with the free upgrade to Windows 10. It went on for a year. It was difficult not to accept the upgrade. You had to take steps to avoid it or the promotion. I sent out instructions on how to avoid the automatic installation. Windows 10 sucks our data into its database. The Windows 10 agreement is clear: Finally, we will access, disclose and preserve personal data, including your content (such as the content of your emails, other private communications or files in private folders), when … Continue reading →

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Trump has mobilized the millions of dispossessed voters we call the populists. This is his golden opportunity. They have no spokesman. They haven’t had one ever since Huey Long was assassinated in 1936. They will not conform. Not now. Not any more. They have found out that there are millions of people who feel just like them: fed up. JOE BOB BRIGGS VS. GARRISON KEILLOR Joe Bob Briggs, who used to write the great column on drive-in movies and low-budget films, has written one of the finest pieces of social analysis I have ever read — a true masterpiece. It … Continue reading →

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Why would anyone worth several billion dollars want to be elected President at age 74? On the assumption that he wants this job, here is how he can get it. The media will expect a humility-based concession speech. He should give them this. A majority of voters has spoken. They have elected a crooked woman to lead them. They will live to regret it. This will not take long.Within a few months, the Clinton recession will begin. It will dwarf what the economy did in 2009. Hillary Clinton will have no anti-recession ammunition left to shoot. President Obama emptied the … Continue reading →

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My generation says: “Each of us can remember where he was when he heard about Kennedy’s assassination. I can remember where I was when I heard about Nixon’s killing of the phony gold standard that John Maynard Keynes and the Soviet spy Harry Dexter White designed in 1944. It was a Sunday afternoon: August 15, 1971. I was preparing to leave Riverside, California to move to Irvington-on-Hudson, New York, to get my first full-time job. I would soon be a senior staff member of the Foundation for Economic Education. I would never again attend a graduate seminar. Free at last! … Continue reading →

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