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

Senate Votes 95-1 to Expand NATO Into Sweden and Finland

The Senate on Wednesday overwhelmingly approved a resolution approving Sweden and Finland’s bids for NATO membership, demonstrating the bipartisan consensus on expanding the military alliance further on Russia’s border.

Blog

Kennedy Tonight

Tonight I'll be back on Kennedy Nation talking central banking and war. Update:

Cuban Missile Crisis Things

This old New Yorker piece about Curtis LeMay has some details about the Missile Crisis that I did not know and want to save here for someday. So we all already knew that 1: the USSR did already have operational short and medium range missiles in Cuba, but Khrushchev...

Happy April Glaspie Day!

Thank you, Julian Assange: SADDAM'S MESSAGE OF FRIENDSHIP TO PRESIDENT BUSH Date:1990 July 25, 12:46 (Wednesday) Canonical ID:90BAGHDAD4237_a Original Classification:SECRET Current Classification:SECRET Handling Restrictions-- Not Assigned -- Character Count:13633...

Call Your Congressmen and Senators Re Yemen War Powers Resolution

In the House it's HJ Res 87, in the Senate it's SJ Res 54. Call 833 STOP WAR and they will connect you directly to your representatives. If you have a Democratic Congressman, tell them the President said he wants to end this war. He needs us to support him on this to...

The Scott Horton Show

7/25/22 John Vaughn on Why People Aren’t Joining the Military

 Download Episode. Scott spoke with retired U.S. Army Captain John Vaughn about the Military’s recent recruitment troubles. Vaughn gives an insider’s take on why interest in joining up has been dropping and highlights some relevant statistics. He reflects on his own...

7/25/22 Dave DeCamp on Ukraine, Taiwan, Iran and his New Podcast

 Download Episode. Scott interviewed Antiwar.com News Editor Dave DeCamp earlier this week. First, they discussed DeCamp’s new podcast — Antiwar News with Dave DeCamp. The show runs every weekday and highlights the most important foreign policy headlines of the day....

Conflicts of Interest

COI #304: Mexico Attempts to Save Press Freedom in America

On COI #304, Kyle Anzalone discusses Mexico's asylum offer to Julian Assange.   Odysee Rumble  Donate LBRY Credits bTTEiLoteVdMbLS7YqDVSZyjEY1eMgW7CP Donate Bitcoin 36PP4kT28jjUZcL44dXDonFwrVVDHntsrk Donate Bitcoin Cash Qp6gznu4xm97cj7j9vqepqxcfuctq2exvvqu7aamz6...

COI #302: Biden Puts the Iran Deal on Its Deathbed

On COI #302, Kyle Anzalone and Connor Freeman break down the latest Afghanistan and Iran news, as well as President Joe Biden’s recent claim that U.S. troops are not involved in combat in the Middle East anymore. Biden’s new Washington Post op-ed included this false...

Don't Tread on Anyone

Why Democratic Socialists Are Wrong About “Profit”

https://youtu.be/Eg9OIssCmsc One of the most incredible attributes of free markets is the ability to harmonize our self-interests with the interests of greater society. Contrary to the popular demonization of profits as extraction of surplus value, profits in freed...

The Voluntaryist Handbook: Self-Ownership and Its Implications

https://youtu.be/xGrh6D3o8Kw One need look no further than to the examples of North and South Korea or East and West Germany to see that the freer people are, the wealthier they can become through mutually beneficial voluntary exchange. These two controlled...

How the Criminal Lockdowns Hurt Small Business (feat. Carol Roth)

https://youtu.be/Hxdz6AgAmgs ... one of the most significant ways in which the government could aid the poor is by removing its own direct roadblocks from their productive energies. Thus, minimum wage laws disemploy the poorest and least productive members of the...

Liberty Weekly Podcast

Justin Raimondo’s American Epitaph Ep. 222

https://youtu.be/8yNp_Rqr1AE On July 4, 2022, I reflect on the United States' fall from republic to failing empire. In doing so, I get a little help from Murray Rothbard and Justin Raimondo. Episode 222 of the Liberty Weekly Podcast is Brought to you by:...

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...

Year Zero

The Tweet Heard Around the World w/Cam Harless

Cam joined me to discuss the essence of women and being bi. The Mad Ones Cam twitter Discord Libertarian Institute 19 Skills Pdf Autonomy Course Critical Thinking Course Donate Patreon RyanBunting.com

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...

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