Tue, 29 August 2017
It pains me even to take time discussing the idiotic notion that price gouging is somehow evil or even bad for the economy. Most economists don't even bother explaining it because it seems ridiculous to spend time arguing that prices changes relative to demand are somehow a bad thing.
But it is this very lack of clarification from those in a position to give it that creates the window of opportunity social justice warriors need to spread disinformation.
Most of them are just Johnny and Susie DoGooders who lack the education necessary to understand what they're advocating for but that doesn't make their ideas any less destructive.
The truth is that price gouging is a good thing. It's a necessary thing for an economy to function correctly. Anyone who says differently is either lying to you or don't know what they're talking about.
Today I'll discuss a couple of price gouging examples in Texas and how it helps ensure goods and resources go where they are most needed.
We'll also discuss Antifa, the violent protests in Berkeley and Trump's decision to recent the ban on police militarization.
Big day today. Enjoy the show!
Mon, 28 August 2017
I'm fond of this saying. I use it a lot when I teach. I use it because, before I can help someone change their life I first have to get them to take responsibility for where they are. From there I can help them get where they want to go.
I think it's only a matter of time before Trump gets blamed for the recent disaster in Texas. It won't be his fault. No president can be held responsible for the weak reaction of 10,000 government workers. But that's not going to keep the media from blaming him.
What get's me fired up is the expectation by those in the media that it is governments responsibility to make sure you get out of town before disaster strikes.
Keep in mind this wasn't a tornado. The citizens of Houston had days to get out of the city. If you waited until the last minute, you might have had trouble leaving, but you had more than enough notice that a major storm was coming.
So if you didn't get out who's fault is it? If you haven't guessed, it's your fault. One of the great frustrations I have is how little personal responsibility people have these days. It's always somebody else's problem. It's someone else's fault. I'm sick of it. Man up. Take responsibility for your self and your family. Manage your business and grow up. Stop waiting for someone to show up and hold your hand.
It's great to be back in the studio this week, thanks so much for being part of the show. And if you're ready to change your life here's something I think might help.
Tue, 22 August 2017
Talking with Tom is always a pleasure, and this interview was no exception.
I wanted to talk with Tom about the current state of the Libertarian Party, the recent attacks he's been getting from Nicholas Sarwark the parties current chair and I wanted to find out from him what he thought needed to happen for our message to grow.
Tom was in rare form. I expected him to respond in his typical "water off a duck's back" dismissal. Tom has always been gracious even when attacked.
Today was different. I felt like the comments from Sarwark struck a nerve and he made no bones about how he felt.
In the end, I came away feeling the way I always do after a conversation with Tom. I was inspired, empowered and hopeful that with men like him behind the microphone, preaching the liberty message, we may just find a way to win.
P.S. Here's where to get Tom's free books!
Fri, 18 August 2017
I apologize in advance for the poor audio in this episode. I don't have my system set up in the new studio yet, and I'm using a simple USB mic, and the audio is a bit poppy.
I know a lot of you are interested in my thoughts on Charlottesville and the violence we've seen over the last week.
Here are my thoughts, as clear as I can make them.
Fri, 11 August 2017
I actually have an article to go with that show title, but I couldn't help tying in the hopeless, defeated, noose tightening gaze coming from the employees of the company across the hall from us.
A couple of weeks ago Darren and I discussed how dissatisfied most people are with the work they do, but many of them feel trapped.
I guess they should feel lucky they have a job now that labor force participation remains so low.
But all I could think about was an article I just read about Social Security. I want to share my thoughts with you on today's show.
Life doesn't have to suck. You just need a little heart and a willingness to lay your future on the line.
Thu, 10 August 2017
I know that most of you listening to the show today will be against subsidies but do you understand why?
It's one thing to say "taxation is theft" and then support that statement with an understanding that stolen money shouldn't be appropriated as a form of corporate welfare.
But do you really understand WHY we shouldn't prop up a company, market or industry? Do you know what happens in the economy when you do?
That's what I want to talk about today. We've got a great example in the news that illustrates the problem perfectly.
Also, I got a chuckle out of Walmarts latest attempt to combat Amazon. I'll tell you about it at the top of the show.
Wed, 9 August 2017
It's always a pleasure to have Austin in the studio. If you don't know, Austin is a former candidate for President on the Libertarian ticket who's now switched parties and running for Senate in Missouri against incumbent Claire McCaskill.
I invited Austin in to talk about his run. Having switched parties, I was interested to know if his hardcore libertarian principles still guided his opinions on foreign policy, the Republican Party and the role of government.
Listen to our conversation, and if you want to support Austin you can go here: https://action.austinpetersen.com/
Tue, 8 August 2017
Over the last couple of months, we've been following the North Korea situation closely.
Despite what you may have heard, the likelihood that North Korea could hit a U.S. mainland target is slim.
What I said several weeks ago was to look for a significant escalation in news stories talking about the imminent threat from North Korea. If the government wants a war, they'll start by using the media to exaggerate the threat North Korea poses.
Today we see signs they are doing just that.
Not only is the media now claiming NK can hit the U.S. mainland they are also claiming the country has "miniaturized" it's nuclear arsenal.
If true, it means the NorthKoreans could put a nuke on those ICBM's they claim can hit the U.S.
Republicans are already responding by demanding more money for missile defense.
Yesterday I said Trump needs a war. He might have found one.
Mon, 7 August 2017
If Obama had tried anything like this, the conservative community would have gone into convulsions.
Last weekend former CNN pundit Kayleigh McEnany posted a broadcast from "Trump Tower" on the presidents Facebook page.
The show resembled a legitimate news broadcast and claimed to be the "real" news.
What was it? Pure propaganda. It would appear the president is no longer satisfied with the coverage he's been getting and has decided to do it himself.
Is this a one off broadcast or is this a new era in political communication in America?
In my mind, it doesn't matter. It's dangerous. The president has wondered into dictator territory, and we should all be concerned.
Apparently, government imposed regulation has increased the price of hearing aids ten fold!
Those aren't my figures those are Warrens numbers.
Give them long enough and even the most ardent supporters of government regulation have to admit they've gone too far.
Tue, 25 July 2017
I'm shocked we still have the conversation in 2017, but the fact is most people are ignorant of history and immune to good ideas.
Such is the case for Guardian columnist Abi Wilkinson.
Wilkinson laments the fact that so many people die with money in their pockets, choosing to pass it on to their family rather than giving it to the government to be redistributed.
So, why is an inheritance tax such a bad idea? Wouldn't it be better if Britains took the 77billion pounds gifted in inheritance each year and spent it on the welfare state?
Well, NO! If you want to understand why this is such a bad idea listen to today's show.
Lot's of great stuff today. I love days like this.