The Media Says This Was a “Blowout” Jobs Report. A Closer Look Suggests Otherwise

According to the legacy media, the May employment numbers from the Bureau of Labor Statistics were a “blowout jobs report.” That is, according to CBS, the May report showed “resilience” in the job market, and the latest report “follows two months of strong payroll gains.” Yet, at the same time, the unemployment rate has not budged for three months, and remains at 4.3 percent. Moreover, the labor force participation rate remains near a five-year low.

My 40 Year War on Psychiatry

Forty years ago, I attended the annual meetings of the American Psychiatric Association in Washington and my sanity never recovered. Or at least that is what therapists presume based on my writings about their endless fabrication of bogus mental illnesses.

I was attending as a journalist to find grist for my weekly Detroit News column. That conference spurred zesty protests by Scientologists, feminists, and folks who never forgave the Electric Shock Therapy they endured.

Why Justice Mattered to Rothbard

When the South African government first proposed to enact a law permitting them to expropriate any property without compensation, the then conservative UK Prime Minister Teresa May said this would be fine as long as the government does it legally. She missed the point. The whole purpose of the law was to ensure that it is legal for the government to do exactly that.