The TEA PARTY ECONOMIST
Ron Paul's original staff economist, Dr. Gary North!
Medicare Reform: The Great Default
Why will there be no Medicare reform until the government is at the edge of default? Because those calling for Medicare reform are so utterly boring that no one, especially in Congress, will pay any attention. One well-meaning reformer wrote an article for MarketWatch, a mainstream, Keyensian site. She tried her best to make her... READ MORE
Vacant Homes: 14 Million (Early 2009), 14 Million (2012)
Has housing bottomed? No. In early 2009, there were 14 million empty houses in the United States, for whatever reason. In October 2009, there were 18.8 million. In 2011, there were 18.4 million. Today, there are 14 million. In other words, we are back to the level of early 2009. That was a recession year. ... READ MORE
Short Video: “Keynes as Santa” Spoof on Christmas Spending
Here is a clever video. It takes apart John Maynard Keynes. It shows why the economic problem is not a lack of spending. It’s a spoof of those late-night TV ads that used to sell a record collection of famous hit songs, but which today sell CD-ROM collections of famous hit songs. This collection is... READ MORE
Short Video: How the Free Market Reduces Theft
In just three minutes, this simple, low-cost video shows why the free market creates institutional arrangements that reduce theft. This is a clear, simple video on why the free market overcomes the supposedly dog-eat-dog world of social philosophers who do not understand liberty. This is part of a wonderful series of videos. They are all... READ MORE
Ron Paul's original staff economist, Dr. Gary North!
Friday, December 7, 2012
Medicare Reform: The Great Default
Why will there be no Medicare reform until the government is at the edge of default? Because those calling for Medicare reform are so utterly boring that no one, especially in Congress, will pay any attention. One well-meaning reformer wrote an article for MarketWatch, a mainstream, Keyensian site. She tried her best to make her... READ MORE
Vacant Homes: 14 Million (Early 2009), 14 Million (2012)
Has housing bottomed? No. In early 2009, there were 14 million empty houses in the United States, for whatever reason. In October 2009, there were 18.8 million. In 2011, there were 18.4 million. Today, there are 14 million. In other words, we are back to the level of early 2009. That was a recession year. ... READ MORE
Short Video: “Keynes as Santa” Spoof on Christmas Spending
Here is a clever video. It takes apart John Maynard Keynes. It shows why the economic problem is not a lack of spending. It’s a spoof of those late-night TV ads that used to sell a record collection of famous hit songs, but which today sell CD-ROM collections of famous hit songs. This collection is... READ MORE
Short Video: How the Free Market Reduces Theft
In just three minutes, this simple, low-cost video shows why the free market creates institutional arrangements that reduce theft. This is a clear, simple video on why the free market overcomes the supposedly dog-eat-dog world of social philosophers who do not understand liberty. This is part of a wonderful series of videos. They are all... READ MORE
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