tariffs

TGIF: On Privilege

monopoly

One of the most abused words in English is privilege. Observe how indiscriminately this word is spoken and written. For example, in some quarters, all straight white men -- without exception -- are said to be privileged, which seems absurd. Practically all we hear about these days is privilege, who has it and who doesn't. Well, not exactly -- because those who are said not to have it are often called "underprivileged." I think it was the late P. T. Bauer, the great free-market development economist, who pointed out how peculiar a word that is. Underprivileged? Wouldn't that mean...

Trump Administration Flunks Trade Economics 101

International trade is one of the many areas in which the Trump administration has been egregiously bad. Trump himself seems to lack even the most basic knowledge about the principle of trade -- he seems to think it is always zero-sum with a loser for every winner -- and he's surrounded himself with advisers who are just as ignorant. We are indebted to George Mason University economist Donald Boudreaux for keeping a close eye on these reckless ignoramuses, who are so casual about our well-being. In the latest of a series of blog posts, Boudreaux again notes how militantly ignorant those...

Protectionism Abroad and Socialism at Home

One of the most insidious ways politicians expand government is by creating new programs to “solve” problems created by politicians. For example, government interference in health care increased health care costs, making it difficult or even impossible for many to obtain affordable, quality care. The effects of these prior interventions were used to justify Obamacare. Now, the failures of Obamacare are being used to justify further government intervention in health care. This does not just include the renewed push for socialized medicine. It also includes supporting new laws mandating...

Shocker! American Steel Prices Spiked in April.

In the days and weeks after President Donald Trump slapped 25 percent tariffs on imported steel and aluminum, it was widely reported that American steel-consuming companies were bracing for higher prices. Some said they were already seeing those higher prices reflected in contracts to purchase steel from suppliers, but no one was sure how significant those price increases would turn out to be. Now, a little more than six weeks since the tariff announcement, we have a better picture of the consequences of Trump's trade policy. It looks like this: This chart—published by SteelBenchmarker, a...

TGIF: Economic Nationalism: Elitism in Populist Clothing

My old friend and former American Conservative editor Dan McCarthy gets it all wrong about Donald Trump's "national security" tariffs on aluminum and steel. I won't discuss Dan's strictly economic case for the tariffs -- I've already discussed this -- but I want to draw attention to a few other things, beginning with his lament -- which is embraced by many other conservatives and progressives -- that the American economy has become a "service economy." In fact, all economies are service economies, as Bastiat well understood. There is nothing intrinsically better about heavy industry....

3/9/18 Sheldon Richman on Trump’s Tariffs

Executive editor of the Libertarian Institute Sheldon Richman returns to the show to discuss Trump's new tariffs on steel and aluminum. According to Richman the major damage of Trump's tariffs will be felt by downstream producers and the disruption to the price system. Richman details how, contrary to popular belief, technology has increased factory output in the United States while reducing factory jobs—and that the Chinese, the Mexicans, etc. are scapegoats for useful idiots. Richman then tears apart the argument that trade deficits are a bad thing. His advice? "Read Bastiat." Scott and...

News

News Roundup 6/28/2022

US News The Biden administration, reacting to a federal court ruling in Texas, has suspended an order that had focused resources for the arrest and deportation of immigrants on those who are considered a threat to public safety and national security. [Link] A record...

News Roundup 6/27/2022

US News An Afghan prisoner who was held in US custody for nearly 15 years without charge was released from the Guantanamo Bay detention center and returned to Afghanistan. [Link] Ukraine War  President Joe Biden said Sunday that the Group of Seven will ban Russian...

Blog

Climate Lockdowns Are Here

  In a development that has been widely broadcast for decades (to those tuned to the correct frequency), Western countries have begun implementing the next step in the government-by-emergency manual. Indeed, once the public allows government to immolate its...

Substantive Due Process

[T]he conservatives reject substantive due process, which they see as a contradiction in terms that authorizes judges to legislate. If the term sounds odd, it would be odder still to dismiss the idea. As Roger Pilon writes, “By ‘law’ [in due process of law] the...

The Antiwar Comic: The War on Bodies

How quick they switch to the current thing. For more comics, visit The Webcomic Factory. Also, check out my latest book, The Pineys: Book 9: The Witch Hunter Piney.

Ending the Yemen War

There's a Resolution in the House, HJ Res 87, a War Powers Resolution demanding an end to all support for Saudi and UAE's war in Yemen. The new Libertarian Party is working with all the great Yemen war activists to do a pressure campaign on Congress to support it....

The Libertarian Party is Beating the Drums for Peace

For the people turning 21 this fall, America has been at war their entire lives. The Global War on Terror has reached its second generation of soldiers. Defense spending and the global presence of the U.S. military and armaments continue to proliferate. The...

The Scott Horton Show

6/20/22 Ramzy Baroud on Israel, Palestine and Mali

 Download Episode. Scott is joined by journalist and author Ramzy Baroud to discuss the deterioration of Israeli Politics and the war in Mali. Israel will hold its fifth election in four years after yet another failure to form a government. Baroud gives some...

Conflicts of Interest

COI #294: The NYT Reveals CIA Officers are Operating in Ukraine

On COI #294, Kyle Anzalone discusses the White House ramping up great power conflict with Russia and China.   Odysee Rumble  Donate LBRY Credits bTTEiLoteVdMbLS7YqDVSZyjEY1eMgW7CP Donate Bitcoin 36PP4kT28jjUZcL44dXDonFwrVVDHntsrk Donate Bitcoin Cash...

Don't Tread on Anyone

6 Progressive Myths About History (w/ Lawrence W. Reed)

https://youtu.be/HsXj83JNUb4 In May 1939, Treasury Secretary Henry J. Morgenthau Jr., one of Franklin Roosevelt's best friends, testified before the House Ways and Means Committee: "I say after eight years of this Administration we have just as much unemployment as...

Liberty Weekly Podcast

Proxy Wars…The Punishment Due Ep. 221

https://youtu.be/51gBx3rE7zw In this week's episode, I take the audience on an even deeper dive into my most recent piece for the Libertarian Institute. Episode 221 of the Liberty Weekly Podcast is Brought to you by: LibertyWeekly.club Join my membership and...

National Review Senior Editor Turns Rothbardian Ep. 220

https://youtu.be/sJXF9jgj1L4 Managing Editor of the Libertarian Institute and longtime friend and guest of the show Keith Knight joins me in this week's episode to review an article by Joseph Sobran. Sobran was the Senior Editor of the National Review, but questioned...

Patrick MacFarlane on the Hrvoje Moric Show Ep. 219

https://youtu.be/yI1ND-TJR8g This week's episode is a mirror of my recent appearance on the Hrvoje Moric Show on Tnt Radio. We discuss the war in Ukraine, China, and the brave new world we are sleepwalking into. Hrvoje is the host of Geopolitics and Empire Podcast....

Empire of Death: America’s Moral Bankruptcy Ep. 218

https://youtu.be/7yZEk73JdVo In this episode, I take a deeper dive on my latest editorial up at the Libertarian Institute, share my experience at Chillderburg, introduce my new newsletter website, and thank several outlets that have started reprinting my Libertarian...

Year Zero

Nihilism w/Buck Johnson

Buck joined me to discuss Nihilism by Fr Seraphim Rose. Nihilism is an interesting critique of liberalism that walks through the stages of societal degradation. Fr Seraphim determines that the replacement of an objective truth with relative truth sends the world into...

A Deep Dive w/Monica Perez

Monica Perez joined me for an in depth conversation on culture, religion, ESG, WEF, the future, and how the 21st Century is different than the 20th Century. Monica Twitter Discord Libertarian Institute 19 Skills Pdf Autonomy Course Critical Thinking Course Donate...

Love and Fear w/Courtenay Turner

Courtenay and I talk ESG, intentional communities, motivations, elites, and the future. Courtenay Twitter Courtenay Turner Podcast Discord Libertarian Institute 19 Skills Pdf Autonomy Course Critical Thinking Course Donate Patreon...

Shadowy Figures Surrounding 9/11 w/Adam Fitzgerald

Adam Fitzgerald joined me to discuss the less talked about aspects of 9/11. We spent most of our time discussing the characters involved and around the event. We could have gone for hours on this subject, but as you will hear, I hit a wall at the 2 hour mark. Adam...

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