Llewellyn H. Rockwell Jr.'s Blog, page 428

Savor the Taste of Independence, Grow Your Own!

Growing your own tomatoes can be rewarding far beyond the sweet taste of your crop.

The traditional extra benefits keep bringing many of us back season after season. If you’re a gardener, you know the great feeling of acting directly on nature to produce the food you eat. Raising tomatoes gets you outside and sweating, and usually provides a sense of accomplishment. It encourages discipline and planning, and demands a bit of knowledge and a ton of patience.

And when you finally harvest those jui...

Trump Says He Will Refuse To Sign Federal Abortion Ban if Elected President

Former President and presumptive Republican White House nominee Donald Trump told journalists on Wednesday that he will not sign a federal abortion ban if it reaches his desk.

Trump says that Arizona’s abortion ruling went too far: “Yeah they did, and that will be straightened out.”

Also tells @ABC he wouldn’t sign a national abortion ban as president. pic.twitter.com/wQdByVodtv

— Lalee Ibssa (@LaleeIbssa) April 10, 2024

CNN reports that he was asked point-blank if he would sign an abortion ba...

Sound Money Vs. Fiat Currency: Trade and Credit Are the Wild Cards

We need to start thinking outside the current system, which has no solutions.

Our convictions about money are quasi-religious: heretics are burned at the stake. I’m not sure which stake I’ll be tied to, because all the conventional choices–fiat currency, sound money (gold, Bitcoin) or debt-free currency (a.k.a. MMT)–are all fatally flawed.

To understand why, consider the wild cards in any monetary system: global trade and credit. Let’s start with credit, which as David Graeber explained in his b...

Carl Menger’s Overlooked Vital Evolutionary Insights

Carl Menger is widely recognized as one of the economists leading the so-called marginalist revolution along with William Stanley Jevons and Léon Walras. There are two other contributions by Menger that are relatively underappreciated and are vital for making sense of the socioeconomic order, including why mankind remains so lost in economic ignorance and tribalistic warmongering.

They are, first, his insights into the proper method or way to study the economy or social order and its emergence-e...

Chris Hedges Discusses ‘Wall Street’s War on Workers’

Yesterday, Racket published an interview with Les Leopold, along with a review of his new book, “Wall Street’s War on Workers.” Leopold’s book is structured as labor’s sober answer to yuppie sneer-fests like White Rural Rage, but I thought another key angle to the subject was already captured by an earlier book: America: The Farewell Tour by

. Chris was generous enough to take a call on the subject, and our discussion is posted below.

City journalists now barely visit the rest of Am...

How the Left Tried To Use Covid to Usher in a New Jim Crow

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Ukraine – To Hurt Russia Means Pain for Ukraine

Ukraine is trying to hurt Russia by hitting its refineries. But the attacks fail to have the desired effects on Russia.  The Russian response though, in form of de-energization attacks on Ukraine, seriously endanger the state.

Today the Russian Federation continued with the de-energization of Ukraine (machine translation):

As a result of a massive Russian missile attack on the night of April 11 , the Trypillya thermal power plant in the Kiev region was completely destroyed.
…
Located in the city...

Mike Johnson Is Fighting to Protect the Government Spy Program Used on Trump

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‘I Cannot Afford To Live’: Americans Get Emotional as the U.S. Economy Goes Off the Rails

As we approach what is likely to be the most chaotic presidential election in U.S. history, trouble signs are starting to erupt for the U.S. economy.  In fact, CNN is actually admitting that “the long-predicted storm clouds in the economy may actually be forming”.  I can’t remember the last time that I saw a CNN article with a headline like that.  But at this point, it is becoming extremely difficult for the mainstream media to avoid the truth.  Inflation is getting worse at the same time that m...

There Is Only One Spaceship Earth

When I was in the U.S. military, I learned a saying (often wrongly attributed to the Greek philosopher Plato) that only the dead have seen the end of war. Its persistence through history to this very moment should indeed be sobering. What would it take for us humans to stop killing each other with such vigor and in such numbers?

Song lyrics tell me to be proud to be an American, yet war and profligate preparations for more of the same are omnipresent here. My government spends more on its milita...