Unemployment


Fake News A US Media Specialty

By Dr. Paul Craig Roberts Paul Craig Roberts.org August 8, 2017   Fake News A US Media Speciality     The American media specializes in fake news. Indeed, since the Clinton regime the American media has produced nothing but fake news. Do you remember the illegal US bombing and destruction of Yugoslavia? Do you remember “war […]

Dr. Paul Craig Roberts

Seattle's Minimum Wage Supporters Ignore the Facts

Seattle’s Minimum Wage Supporters Ignore the Facts

By Andrew Syrios Mises Institute July 28, 2017   Seattle’s Minimum Wage Supporters Ignore the Facts   In what has become a running joke amongst those skeptical of the claim that minimum wage increases have no effect on unemployment, a recent report by the Employment Policies Institute showed that 174 of the 184 co-sponsors of a bill to […]


Ever more official lies from the US government

By Dr. Paul Craig Roberts Paul Craig Roberts.org July 11, 2017   Ever more official lies from the US government   The false reality constructed for Americans parallels perfectly the false reality constructed by Big Brother in George Orwells’ dystopian novel 1984. Consider the constant morphing of “the Muslim threat” from al-Qaeda to the Taliban, to […]

Dr. Paul Craig Roberts

How the Market Creates Jobs and How the Government Destroys Them

How the Market Creates Jobs and How the Government Destroys Them

By Walter Block Mises Institute March 8, 2017   How the Market Creates Jobs and How the Government Destroys Them   The Creation of Jobs If the media tell us that “the opening of XYZ mill has created 1,000 new jobs,” we give a cheer. When the ABC company closes and 500 jobs are lost, we’re […]


The “Curse” of Labor-Saving Machinery Is Nothing New

By Brittany Hunter Mises Institute January 12, 2017   The “Curse” of Labor-Saving Machinery Is Nothing New   At the end of last year, Amazon unveiled, “Amazon Go,” a futuristic, fully-automated convenience store set to open its doors in Seattle, Washington, within the next few months. While this exciting new venture promises to make quick-stop […]

The "Curse" of Labor-Saving Machinery Is Nothing New

Obama’s Final Jobs Report Is A Fitting End To His Presidency

Obama’s Final Jobs Report Is A Fitting End To His Presidency

By Against Crony Capitalism January 7, 2017   Obama’s Final Jobs Report Is A Fitting End To His Presidency     We won’t even go into how the unemployment number has been gamed systematically by the government. We already have many times. Suffice it to say that a whole lot of baby boomers limped along […]


Can Trump Fix The Economy In 2017?

By Dr. Paul Craig Roberts Paul Craig Roberts.org January 5, 2017   Can Trump Fix The Economy In 2017? In the West Junk Information And Junk Judgment Prevail   The Western world and that part of the world that partakes of Western explanations live in a fictional world. We see this everywhere we look—in the alleged […]

Dr. Paul Craig Roberts

Dr. Paul Craig Roberts

Dismal Jobs Report

By Dr. Paul Craig Roberts Paul Craig Roberts.org December 8, 2016   Dismal Jobs Report   The presstitute media delivered the false news, not from Russian propaganda websites such as the Washington Post accuses this one of being, but from Obama’s US Bureau of Labor Statistics. The false news is that the collapsing economy continues […]


The Fraud Of Full Employment

By Against Crony Capitalism September 5, 2016   The Fraud Of Full Employment     The official unemployment rate is a baloney number. It doesn’t actually measure all of the unemployed. Those who are no longer eligible for unemployment benefits are simply treated as if they no longer exist for instance. This is millions of […]

The Fraud Of Full Employment

Dr. Paul Craig Roberts

How Long Can Economic Reality Be Ignored?

By Dr. Paul Craig Roberts Paul Craig Roberts.org August 10, 2016   How Long Can Economic Reality Be Ignored?   Trump and Hitlery have come out with the obligatory “economic plans.” Neither them nor their advisors, have any idea about what really needs to be done, but this is of no concern to the media. […]


Another Phony Jobs Report

By Dr. Paul Craig Roberts Paul Craig Roberts.org August 6, 2016   Another Phony Jobs Report   As John Williams has made clear, the monthly payroll jobs number consists mainly of an add-on factor of 200,000 jobs. These jobs are a product of the assumption in the Birth-Death Model that new business ventures create more […]

Dr. Paul Craig Roberts

The U.S. Has Lost 195,000 Good Paying Energy Industry Jobs

The U.S. Has Lost 195,000 Good Paying Energy Industry Jobs

By Michael Snyder Economic Collapse Blog August 5, 2016   The U.S. Has Lost 195,000 Good Paying Energy Industry Jobs     Not all jobs are created equal.  There is a world of difference between a $100,000 a year energy industry job and a $10 an hour job running a cash register at Wal-Mart.  You […]


What Can Discrimination Explain?

By Walter E. Williams LewRockwell.com July 28, 2016   What Can Discrimination Explain?   A guiding principle for physicians is primum non nocere, the Latin expression for “first, do no harm.” In order not to do harm, whether it’s with medicine or with public policy, the first order of business is accurate diagnostics. Racial discrimination […]

Walter E. Williams

Walter E. Williams

The Arrogant Elite

By Walter E. Williams LewRockwell.com June 8, 2016   The Arrogant Elite     A basic economic premise holds that when the price of something rises, people seek to economize on its use. They seek substitutes for that which has risen in price. Recent years have seen proposals for an increase in the federal minimum […]