Although most people are familiar with more recent statistics on black youth unemployment, not many are aware of the black/white statistics for earlier periods. Table 3.2 (below) shows that in 1948, the two were roughly equal. For that year, blacks aged sixteen to...
economics
Political Discrimination vs. Market Discrimination – Walter E. Williams
by Keith Knight | May 6, 2023 | Blog
Gross racial discrimination alone has never been sufficient to prevent blacks from earning a living and bettering themselves by working as skilled or unskilled craftsmen and as business owners, accumulating considerable wealth. The fact that whites sought out blacks...
GDP is a Scam, Here’s How to Measure Wealth
by Keith Knight | May 4, 2023 | Blog, Libertarian Institute Roundtable
https://youtu.be/mYfH_9arsRk In 1981, the cheapest IBM personal computer cost $4,459 (in 2018 U.S. dollars), or 210 hours of labor. An Insignia tablet and keyboard combo cost $120 in 2018, or 5.6 hours of labor. - Ten Global Trends Every Smart Person Should Know, CATO...
Washington Frustrated with Allies Refusal to Enforce Sanctions on Russia
by Kyle Anzalone | May 2, 2023 | News
The White House is becoming frustrated with its partners in the Group of 7’s (G7) refusal to commit to its economic war against the Kremlin. After the invasion of Ukraine last year, President Joe Biden pledged to isolate Moscow and cripple the Russian economy. However, the Kremlin has found ample access to the world economy, including some of Washington’s closest allies.
The Democratic Policy Which Keeps Poor People Poor – Walter E. Williams
by Keith Knight | Apr 30, 2023 | Blog
To criticize occupational licensing laws is not to argue that information about the quality of a licensee's services is not important to consumers. However, it is by no means clear that licensing is the most effective way to provide that information. Indeed, licensing...
How Economic Regulation Hurts the Poor – Walter E. Williams
by Keith Knight | Apr 29, 2023 | Blog
In the name of protecting public health, California requires that an individual who seeks to perform any kind of hairstyling service must complete nine months (1,600 hours) of classes at a state-approved cosmetology school, at a tuition cost of at least $5,000, before...
How the Divine Right of Kings Scam Was Pulled Off
by Keith Knight | Apr 23, 2023 | Don't Tread on Anyone
https://youtu.be/0MY12U37IVA In order for the state to function, the mass of the people has to believe in its legitimacy. To that end, the state employs a class of professional apologists and controls the means of propaganda, often through dominance of the education...
My Body My Choice: Abolish Occupational Licensing
by Keith Knight | Apr 22, 2023 | Blog, Uncategorized
The most immediate effect of licensing is to restrict the number of practitioners because of the higher entry costs involved in meeting the qualifications of the activity. Some licenses, as in the cases of cosmeticians and barbers, require many months of schooling....
Blog
Provoked Book Update
As many of you know, I'm working on a book called Provoked: How Washington Started the New Cold War with Russia and the Catastrophe in Ukraine. You may also know that it's way overlong and way overdue. Well, the news is that I got it up to 1,400 pages, and more than...
Wonderful Israeli Best Friends and Most Moral Army in World History™ Torture, Murder Palestinians with Electro-shock, Sodomy
New York Times: Eight former detainees, all of whom the military has confirmed were held at the site and who spoke on the record, variously said they had been punched, kicked and beaten with batons, rifle butts and a hand-held metal detector while in custody. One said...
Nothing New in Military Technology Disasters
Readers think I am highly critical of Western military foibles and bad decisions (I am) but history is replete with mismanagement and poor planning planet-wide in military technology. Like the Indian nuclear submarine disaster from leaving a hatch open on the INS...
What Inequality?
According to research conducted by Phil Gramm, the late Robert Ekelund, and John Early, documented in The Myth of American Inequality: How Government Biases Policy Debate and summarized in this video: The bottom 20 percent of households have an average annual income...
Immigration Talk
I talk about immigration with Michael Liebowitz on The Rational Egoist.
Kyle Anzalone on Judge Nap: Foreign Policy Rundown
Check out Kyle's latest appearance on Judge Napolitano's show, 'Judging Freedom.'
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