Llewellyn H. Rockwell Jr.'s Blog, page 2317

Why I’m Investing in This Disastrous Sector Now

An agriculture boom is now in the making, says legendary investor Jim Rogers.

The billionaire commodity guru recently shared his outlook for the industry with The Edge Financial Daily at the 2018 Investment and International Trade Forum over the weekend. It’s bleak for famers, but great for investors who get in early.

That’s because Jim Rogers sees two catalysts on the horizon for the agricultural industry…

The Two Reasons Jim Rogers Is Investing in Agriculture

“No one wants to be a farmer an...

The Trouble With John Stuart Mill

Much of the confusion prevailing in the historical study of liberalism can be traced to John Stuart Mill, who occupies a vastly inflated position in the conception of liberalism entertained by English-speaking peoples.1 This “saint of rationalism” is responsible for key distortions in the liberal doctrine on a number of fronts.2 In economics, Mill’s opinion that “the principle of individual liberty is not involved in the doctrine of free trade,” provided ammunition for the protectionist arsen...

Can We Finally Have an Honest Discussion

The economy no longer generates secure, purposeful jobs for the working class, and so millions of people live in a state of insecure despair.

The opioid epidemic is generating a lot of media coverage and hand-wringing, but few if any solutions, and this is predictable: if you don’t face up to the causes, then you can’t solve the problem. America is steadfastly avoiding looking at the causes of the opioid crisis, which is soberly reflected in these charts of soaring opioid-caused deaths:

If...

Lies, Deceit, and the Violation of International Law

After reading this book (as a military veteran and northerner) it would seem that no one can conclude other than that Lincoln intentionally started the War. How many realize that armistices existed with South Carolina (December 6th, 1860 involving Ft Sumter) and Florida (January 29th, 1861 involving Ft Pickens)? To violate any part of the terms of an armistice means that a state of war exists. Lincoln apparently violated both before Ft Sumter was fired upon by the South but this has been cove...

Blown Away

In addition to “officer safety,” another de facto capital offense in this country is “failure to comply.”

This past fall, a Northern Virginia man named Bijan Ghaisar was executed by armed government workers after a brief car chase. Apparently, the man had been involved in a minor accident – no injuries and he wasn’t the driver who caused the accident –  but he left the scene regardless. It’s possible he had an expired license or some other thing on his mind and feared (rightly) what the “hero...

Eyes Wide Shut

The impending economic collapse is hidden from most. People only see a rising stock market, not the negative underlying factors that will cause the whole system to crash. – Peter Schiff

The average middle class household is getting squeezed by an income that is not keeping up with the cost of living. Unfortunately, a major portion of the cost of living has become debt service. Most car buyers assume an almost insane amount of debt to buy a new car. Credit card debt is being used to make ends...

The Destruction of Honest Price Discovery

In Part 1 we noted that the real evil of Bubble Finance is not merely that it leads to bubble crashes, of which there is surely a doozy just around the bend; or that speculators get the painful deserts they fully deserve, which is coming big time, too; or even that the retail homegamers are always drawn into the slaughter at the very end, as is playing out in spades once again. Daily.

Given enough time, in fact, markets do bounce back because capitalism has a inherent urge to grow, thereby ge...

Famed Whistleblower Reveals US Missile Miscalculations

Renowned activist and whistleblower Daniel Ellsberg, who released the Pentagon papers in the early 1970s, spoke with Radio Sputnik Wednesday about the alarming nuclear war plans the US had during the Cold War era, plans he had a role in overseeing.

“When I went to the RAND Corporation as a summer consultant in 1958, it was the height of the missile crisis, or the beginning of the missile crisis,” said Ellsberg, author of a new book, “The Doomsday Machine: Confessions of a Nuclear War Planner....

Perfect Timing

Dave Brubeck played piano. He became the most famous jazz piano master in the second half of the twentieth century.

He got started in 1942. He played until he died in 2012. That was a 70-year career.

He studied music at the College of the Pacific. Only toward the end did one of his professors discover that he could not sight-read music. He was allowed to graduate only by promising never to teach piano. That was in 1942.

He was immediately inducted into the Army. He got started with jazz when...

Christ vs the Crowd

Coinciding with the release of his new book 12 Rules for Life: An Antidote to Chaos, Dr. Jordan B. Peterson sat down with me earlier this week in New York City to provide powerful new insights on the historical transition from sacrifice of others to self-sacrifice. We explored how to dismantle mob violence and defeat witch hunts; his response to his recent controversial interview with Channel 4’s Cathy Newman, and how the imitation of Christ can save our civilization. Along the way, Dr. Peter...