Category Archives: Austrian Economic Theory

An ‘America First’ Trump Trade Policy

 …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

Posted in Austrian Economic Theory, Uncategorized | Tagged , , | Leave a comment

Why Democracy Rewards Bad People

… (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

Posted in Anarcho-Capitalism, Austrian Economic Theory | Tagged , | Leave a comment

Top Libertarian Warns of Martial Law, Cashless Society

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

Posted in Austrian Economic Theory, Martial Law, Uncategorized | Tagged , , | Leave a comment

Simple math explained by a 5th grader

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

Posted in Austrian Economic Theory | Tagged , | Leave a comment

The Nightmare of Living in the Past

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

Posted in Austrian Economic Theory | Tagged , | Leave a comment

Bernie Sanders and the Fixed Pie Fallacy

More for some does not mean less for others No point in forwarding this to your libtard friends. They are not going to believe it no matter what. The same goes for any Keynesian Economist friends you might have. — … Continue reading

Posted in Austrian Economic Theory | Tagged | Leave a comment

The Speech Pope Francis Should Have Given

 But, sadly, did not Francis is a Marxist. That’s why the media et al are wringing their hands and wetting their panties over him. — jtl, 419 by Lawrence W. Reed from the Foundation for Economic Education   Pope Francis, Address … Continue reading

Posted in Anarcho-Capitalism, Austrian Economic Theory | Tagged , | Leave a comment

There Is No Such Thing as “Settled Public Policy”

 Of course, you don’t have be the world’s biggest cynic to see why those who use this phrase use it in this context. It’s merely a political tactic — because its practitioners know politics trumps law — to shut the … Continue reading

Posted in Anarcho-Capitalism, Austrian Economic Theory | Tagged , , , | Leave a comment

Reliving the Crash of ‘29

 A half-century ago, America — and then the world — was rocked by a mighty stock-market crash that soon turned into the steepest and longest-lasting depression of all time. Keep in mind that Roghbard was writing in 1979. Anyhow… I … Continue reading

Posted in Austrian Economic Theory | Tagged , , | Leave a comment

“Don’t Cry For Me, Argentina”

 America was launched on this path 150 years ago by Lincoln’s War of Aggression. We are now at the point of no return. Think secession! (right down to the individual household level). — jtl, 419       FOLLOW FLYOVER PRESS … Continue reading

Posted in Austrian Economic Theory, Obama Care, Uncategorized, Welfare, Welfare State | Tagged , , , , , | Leave a comment