Salaries

What a 40-Year Inflationary Peak Is Doing to Your Wages

According to new data released Friday by the Bureau of Labor Statistics, price inflation in November rose to the highest level recorded in nearly forty years. According to the Consumer Price Index (CPI) for November, year-over-year price inflation rose to 6.8 percent. It hasn't been that high since June 1982, when the growth rate was at 7.2 percent. November's increase was up from October's year-over-year increase of 6.2 percent. And it was well up from November 2020's year-over-year increase of 1.13 percent. This surge in price inflation comes only a week after Fed chairman Jerome Powell...

‘They Dumped Him Like Trash’: Palestinian With Suspected Coronavirus Symptoms Thrown Out of Israel

From Middle Easy Eye: It was like a scene straight out of a horror film. That's how 25-year-old Ibrahim Abu Safiya described the moment he saw someone lying on the ground near an Israeli checkpoint on the outskirts of Beit Sira village, west of Ramallah. "We approached the man lying on the ground, and he looked terribly ill," Abu Safiya told Middle East Eye. "He had an extremely high fever. He could barely move his body and he was struggling to breathe," Abu Safiya said. The man lying on the ground was a Palestinian labourer who works in Israel. He told Abu Safiya that he had been showing...

I Think I Finally “Get” The Economy

So more big Fed cash floods into the market? Back during QE2 you had partisan hack Krugman rationalizing it all (though QE had little to do with his Keynesian philosophy).  Guys like Bob Murphy were saying, "Yep, this is it, get ready for the inflation."  And then it didn't come.  And yet, all this market interventionism, aren't there consequences.  I mean, does money actually in fact grow on trees? It seems that by inflating three or four successive bubbles since the dawn of the fiat dollar, the Fed has created multiple classes of mutually-dependent over-inflated assets (housing,...

How Socialized Medicine Kills The Patient & Robs The Taxpayer

[Editor's Note: The following is excerpted from Thomas DiLorenzo's book The Problem with Socialism] When it comes to something as important as healthcare, the last thing anyone should want is for the entire system to become a government-run monopoly. [...] In fact, socialist healthcare is based almost entirely on deception. It works this way: patients usually pay nothing (or a minuscule fee) at the point of service, thereby forming the false impression that healthcare is “free.” Because it is “free,” consumer demand for healthcare skyrockets; doctors prescribe hordes of often unnecessary...

All Our High-tech Weapons May Not Help Win Wars but At Least They Are Creating Jobs

Or maybe not says Nia Harris and Cassandra Simpson at Lobelog. So where is all that additional taxpayer money actually going, if not job creation? At least part of the answer is contractor profits and soaring CEO salaries. In those six years, Lockheed’s stock price rose from $82 at the beginning of 2012 to $305 at the end of 2018, a nearly four-fold increase. In 2018, the company also reported a 9% ($590 million) rise in its profits, the best in the industry. And in those same years, the salary of its CEO increased by $1.4 million, again according to its SEC filings. It may cost a lot to...

Women’s Soccer is a Financial Loser

On July 29, 2019, U.S. Soccer president Carlos Cordeiro released an open letter and fact sheet addressed to “Friends, Colleagues and Supporters of U.S. Soccer.” Though he spends much of the letter emphasizing the organization’s commitment to “equal pay for equal work,” Mr. Cordeiro indicates that the disparity in pay between the U.S. Men’s National Team (MNT) and U.S. Women’s National Team (WNT) is not what it seems at first blush. Drawing on financial data from 2009 to 2019, “extensive analysis” reveals that from 2010 through 2018, MNT players were paid $26.4 million total, excluding...

Trump to Athletes: You Didn’t Build That

It might not be a race issue and it’s certainly not a free speech issue.  An employer should have every right to negotiate the terms of employment with the employee, which may include not being allowed to protest at work. The NFL has made it against the rules for their players to express support for cancer awareness and opposition to domestic violence during games, so it’s not unrealistic to expect them to enact a rule that would forbid their players from other forms of expression like taking a knee during the anthem. However, it should be uncomfortable for libertarians to witness a...

Trump to Athletes: You Didn't Build That

It might not be a race issue and it’s certainly not a free speech issue.  An employer should have every right to negotiate the terms of employment with the employee, which may include not being allowed to protest at work. The NFL has made it against the rules for their players to express support for cancer awareness and opposition to domestic violence during games, so it’s not unrealistic to expect them to enact a rule that would forbid their players from other forms of expression like taking a knee during the anthem. However, it should be uncomfortable for libertarians to witness a...

Illinois Overwhelmingly Approves Bill to Protect the Innocent from Civil Forfeiture

Today, the Illinois House of Representatives passed a bill that bolsters transparency for civil forfeiture and strengthens due process protections for innocent property owners. Under civil forfeiture, law enforcement agencies can seize and then take title to cash, cars and other valuables without charging anyone with—let alone convicting them of—a crime. “Through its comprehensive disclosure requirements, this law will play a vital role in keeping both the public and legislators well-informed about civil forfeiture in Illinois,” said Institute for Justice Senior Legislative Counsel Lee...

News

This Week At The Libertarian Institute

The Empire never sleeps – but neither do we. Missed a story? We got you covered. This week in review at the Libertarian Institute: News   June 24, 2022 – Senate Dems Press Biden to Investigate Killing of Palestinian-American Journalist Ahead of Israel Trip Senate...

News Roundup 6/24/2022

US News The State Department will pay employees who alleged they suffer from ‘Havana Syndrne’ six-figure payouts. State is making the payments in accordance with the HAVANA Act. [Link] Haiti At least eight prisoners died from starvation in a prison in Haiti. [Link]...

Blog

Actually, Socialism IS When The Government Does Stuff

https://youtu.be/_-6CyEYetxM How is something to be owned by “the community as a whole?” Ownership means that you get to decide what is done with something. If you and I disagree on who gets to eat your apple, then whatever you decide will take precedence, because it...

Let’s Get ‘Defend the Guard’ on the Ballot in California!

"Resolved, That the Libertarian National Committee: Calls upon the State Legislatures to enact legislation to prohibit the States’ National Guard and any member thereof to be released from the state into active duty combat unless the U.S. Congress has declared war...

The Scott Horton Show

6/17/22 Douglas Macgregor on the Lies Getting Ukrainians Killed

 Download Episode. Scott is joined by retired Col. Douglas Macgregor to discuss an article he wrote about the war in Ukraine. Macgregor points to the lies that got us into a situation earlier this year where a Russian invasion was inevitable and the lies that are...

6/3/22 Aisha Jumaan on How You can Help End the War Against Yemen

 Download Episode. Aisha Jumaan from the Yemen Relief and Reconstruction Foundation joined Scott on Antiwar Radio to discuss the war in Yemen. Despite little to no media coverage, which Jumaan recently wrote about, the war in Yemen as well as the consequences of that...

6/3/22 Hassan El-Tayyab: Some Good News on Yemen

 Download Episode. Hassan El-Tayyab came back on Antiwar Radio to give an update on the effort to end the war in Yemen. First, Scott and El-Tayyab discuss the last-minute extension of the two-month ceasefire. El-Tayyab reports that airstrikes have stopped completely...

Conflicts of Interest

Don't Tread on Anyone

10 “Pro-Choice” Arguments – DEBUNKED (w/ Kristan Hawkins)

https://youtu.be/vgo8Uys-Xs4 The glory of the human race is the uniqueness of each individual, the fact that every person, though similar in many ways to others, possesses a completely individuated personality of his own. It is the fact of each person’s uniqueness —...

Economic Truths My Professor Lied About (w/ David Bahnsen)

https://youtu.be/8jK-rT-0SCk Defenders of free enterprise do not believe in a perfect administration under a market economy. Rather, we do not believe in the possibility of such. To the extent imperfect decision-making is accepted, we then seek to solve for who has...

Liberty Weekly Podcast

An Economic Reckoning ft. Clint Russell Ep. 217

https://youtu.be/B4rBZcugFw0 Clint Russell joins me in this week’s episode of Liberty Weekly. Clint is the host of Liberty Lockdown, a podcast that took the liberty scene by storm during the COVID-19 lockdowns. Before Clint launched Liberty Lockdown, he was a private...

On the Brink of Nuclear War ft. Connor Freeman Ep. 216

https://youtu.be/CJ62Lw1PJsg In this episode of the podcast, I speak with Connor Freeman about the dismal state of U.S./Russian relations. We discuss the spiraling escalation in Ukraine and U.S. policy decisions which signal that the unthinkable may be inevitable....

Addiction and COVID-19 ft. The Clean Libertarian Ep. 215

https://youtu.be/38r3URgicX4 Much has been said about the excess rate of substance abuse during COVID-19. To try to understand some of these causes, I brought on my friend Drew Cook of the Clean Libertarian. Drew is a recovering addict who is now working to help other...

Press Censorship in Wartime Ep. 214

https://youtu.be/s5Jhj1smhFI With the risk of kinetic war between the US and Russia becoming more and more likely each day, the United States is already marshalling its forces to silence domestic and international dissent to the conflict. In this episode, I examine...

Year Zero

A Conversation with Patrick MacFarlane

Patrick joined me again. In this episode we discuss Ukraine Russia, China, culture, democrats, republicans, and traditional family. Liberty Weekly Discord Libertarian Institute 19 Skills Pdf Autonomy Course Critical Thinking Course Donate Patreon...

The Network w/John Robb

John Robb joined me to talk about the network, its operations, where it fails, and why he thinks conspiracy theorists are wrong. Global Guerillas Substack Discord Libertarian Institute 19 Skills Pdf Autonomy Course Critical Thinking Course Donate Patreon...

America’s Response to the War in Ukraine w/Dave DeCamp

Dave DeCamp joined me to discuss the American reaction to the war in Ukraine. We discuss how the sanctions and information war seem to be targeting Americans rather than the Russian politicians. Is the Biden Administration utilizing propaganda to manufacture consent...

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