Category Archives: Austrian Economic Theory

What is money and from where does it come?

Posted on October 9, 2019 by Land & Livestock Interntional, Inc.

Keynes said in this statement that the system of income tax covers the fraud of the government printing press. What does this mean? It means that the government and its partner the Federal Reserve are printing money (creating credit) out … Continue reading →

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Government Spending Doesn’t Create Economic Growth

Posted on February 7, 2019 by Land & Livestock Interntional, Inc.

      And government can NOT “create jobs.” Here is why. At any given moment, there are only a certain (fixed) amount of resources–steel, lumber, machine time, man hours, etc. So, when government decides to do one of its “make work” projects, … Continue reading →

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The Many Ways the Pope Is Wrong About Capitalism

Posted on April 2, 2018 by Land & Livestock Interntional, Inc.

Economics is a science, and to ignore economic law is futile. As Mises trenchantly observes, “it is futile to approach social facts with the attitude of a censor who approves or disapproves from the point of view of quite arbitrary … Continue reading →

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Man, Economy, and Sexual Harassment

Posted on December 7, 2017 by Land & Livestock Interntional, Inc.

Employers are likely to hire the candidate less aligned with state-sanctioned victim status and the legal favoritism and potential costs it brings. Just like the minimum wage, this is a classic case of: If the American economy is the 7th … Continue reading →

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Anarchists, Big Business and “Price Gougers” Helping Texans Through The Flood

Posted on August 30, 2017 by Land & Livestock Interntional, Inc.

Most of those who are complaining likely have no knowledge of economics or if they do, it is an understanding warped by a Keynesian outlook that was taught to them during their 12 years of government indoctrination or the 4 … Continue reading →

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An ‘America First’ Trump Trade Policy

Posted on November 29, 2016 by Land & Livestock Interntional, Inc.

 …production will… be done where it can be done cheapest Econ 101 Question: Who is going to pay for bringing all those jobs back to America and how will it be done?  Hint: the consumer through higher prices. — jtl, … Continue reading →

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Why Democracy Rewards Bad People

Posted on October 6, 2016 by Land & Livestock Interntional, Inc.

… (the) argument in favor of democracy is fatally flawed. Free entry is not always good. Free entry and competition in the production of goods is good, but free competition in the production of bads is not. Free entry into … Continue reading →

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Top Libertarian Warns of Martial Law, Cashless Society

Posted on February 9, 2016 by Land & Livestock Interntional, Inc.

What the media’s not telling you Kit Daniels | Infowars.com In this interview with Infowars’ Kit Daniels, world-renowned libertarian Lew Rockwell breaks down how the Senate is granting President Obama “martial law” powers and how the megabanks are pushing for … Continue reading →

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Simple math explained by a 5th grader

Posted on October 28, 2015 by Land & Livestock Interntional, Inc.

I promise you’ll enjoy this bit of enlightenment! For those who can’t figure it out, this 5th grader will explain it to you. Pretty good but the kid blew it at the end when he talked about running for office. … Continue reading →

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The Nightmare of Living in the Past

Posted on October 22, 2015 by Land & Livestock Interntional, Inc.

By mechanizing the arduous process of doing the household laundry, the washing machine gave women back all of the many hours they spent washing, agitating, and wringing out clothes by hand…With a machine to do the wash, Rosling’s mother had … Continue reading →

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