Jobs vs. Machines: The Rise of Artificial Intelligence
AI eliminated thousands of jobs last year.
That’s what innovation has always done.
Most Americans once worked on farms; today, only 1% do.
That was a good thing, because people found other, better, less dangerous jobs.
This will happen again because of AI.
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Progressive
Minneapolis adopted most every "progressive" law: $15 min wage, housing subsidies, "green" goals, lots of school spending, and on...
Despite all that, the city's racial inequality is about the worst in the country.
Government makes it worse by dis-incentivising work, says Jason Lewis:
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Milei Takes Charge: Argentina’s President Fights Socialism with Free Market Reforms
FINALLY, a President who “gets it.”
He says: “The state does not create wealth.”
No, it’s not Biden or Trump.
It’s Javier Milei, the new President of Argentina. Here’s what he’s rapidly accomplished:
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Saving Kids From Government Schools
It's #SchoolChoiceWeek!
But teachers' unions and big-government politicians don’t want choice, and they HATE Eva Moskowitz for showing that kids allowed to choose Success Academy Charter schools... LOVE to learn:
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Controversial Ideas: Charles Murray Challenges the Mainstream Narrative
“I’m deeply depressed,” Charles Murray tells me.
He’s talking about America’s growing welfare state.
The man who influenced both Ronald Reagan and Bill Clinton to try welfare reform now says, "I don’t see a way back out.”
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Socialism Myths: Part 2
Democratic socialists say, “We don’t mean Cuba or the Soviet Union… we mean countries like Sweden.
But Sweden ISN’T socialist. No Scandinavian country is.
Part 2 of our series: Socialist Myths
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Emily Blunt and John Stossel: Stutterers
The hardest thing to get past is the shame," actress Emily Blunt tells me.
She is talking about stuttering.
I had my own shame. For years I woke up scared, fearing that day I would humiliate myself on TV.
Emily Blunt and I discuss our problem and what we did about it, here:
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Socialism Myths: Part 1
Socialism is now as popular as capitalism among young people.
They’re told that disasters like Venezuela and the Soviet Union aren’t “real” socialism.
It’s time to set the record straight. Here I debunk socialist myths:
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You Paid For My Beach Home!
Government insures beach houses! That’s just reckless.
As I reported years ago, it encourages idiots like me to do foolish things-- like build homes near rivers and oceans.
Finally, one senator, Sen Rand Paul, wants to limit this handout:
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Transwomen vs Women in Sports
Will transwomen soon dominate women's sports?
Trans athlete Joanna Harper says no.
Harper’s a scientist who advises the olympic committee. She says fear of transwoman domination “don’t hold up to the statistics,” and in sports, "trans women are hugely UNDER represented
But many transwomen are winning:
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Musk Makes, Warren Takes
Elon Musk makes cool new things like rockets and satellites and Tesla cars.
Sen Elizabeth Warren takes others’ wealth.
Our world needs fewer takers and more makers:
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Lessons From Africa
Millions of Africans break laws and risk their lives to reach other continents.
They do that because there are few jobs available in their home countries -- but why are there few jobs?
Senegalese entrepreneur Magatte Wade says it's because African rules crush job-creators:
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Little Pink House
Is your property… yours? Not if the government takes it.
Susette Kelo bought a run-down home. She fixed it up and painted it pink. Then the government came and took it.
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The ESG Scam
Popular "socially responsible" investment funds advertise: “Make money AND help the world!”
But they often do neither.
Investing in “socially responsible” or “sustainable” funds usually means you pay higher fees to invest in feel-good nonsense.
Even worse, "socially responsible" funds can backfire. Some green funds oppose fracking -- but the U.S. led all countries in reducing carbon emissions lately, mostly because fracking’s natural gas reduced demand for dirty coal and oil.
Watch the video above for more about how "socially responsible" funds cost you more to accomplish nothing good for the world.
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The AI Future is Now! Artificial Intelligence-Driven Cars Are Here.
The self-driving car is here!
It REALLY works. Nobody even has to sit in the front seat.
My executive producer, @maximlott, went to San Francisco & Phoenix to report:
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The Evil Rich?
Bernie Sanders and others on the left want higher taxes on "millionaires and billionaires." Would that be a good idea? Most rich people became prosperous by creating wealth.
Jim Caruso took over a bankrupt brewery and turned it around by inventing creative craft beers. He now employs more than 100 people. The company he runs, Flying Dog Brewery, is worth millions.
Caruso had a good answer when I asked him about the “unfairness” of some Americans having so much more money than others. The top fraction of earners does now own almost half America's assets.
Caruso pointed out that Steve Jobs was worth $10 billion when he died, but since Apple sold more than 2 billion devices, Jobs collected just $5 per device. "I think Steve might have been underpaid here," he says.
Most on the left don't see it that way. "The feeling tends to be that somebody like Steve Jobs took something away from everybody else," Caruso says. "But... what did Steve Jobs take? He had this idea, wouldn't it be great to have a thousand songs in your pocket... one of the most massively important tools for productivity and communication in life.”
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The Skeptical Environmentalist
Environmentalist Bjorn Lomborg says we waste money in the fight against climate change.
Governments spends trillions to fight climate change, but Lomborg says many of these policies are “not an efficient way of spending.”
For saying this, Lomborg has been called "the devil." The Danish government even targeted him for his views on climate change.
"I'm not trying to do something that's immoral or anything," he tells me. "I'm simply trying to make sure that we get it right."
Lomborg says there are better things society should spend money on. He says we should spend on the “best things first,” things like maternal and newborn health and improving education, rather than squandering billions on pointless gestures toward stopping climate changes.
You can watch the full interview above to learn more.
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Are We Doomed?
Rep. Alexandria Ocasio-Cortez says, “The world is going to end in 12 years if we don’t address climate change!” Really?
3 scientists address some climate myths:
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Big Data Knows ALL About You
Did you know? The government purchases data about YOU.
"They're creating records about all of us,” worries Naomi Brockwell.
I provoke her by saying, “so what?“
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Stossel's Stocking Stuffers
Holiday season is here. To help your friends or family learn about liberty, why not give them a book?
Here are some ideas.
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Capitalism and Loneliness: What The Media Gets Wrong.
Capitalism makes us…GENEROUS?
Yes says Johan Norberg.
We discuss that and other benefits of capitalism.
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Happy Thanksgiving!
This Thanksgiving, say thank you to "private property”
The pilgrims tried collective farming, and almost starved.
Here’s what saved them
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Freshly Cooked Censorship: Why You Can't Put "Low FODMAP" on Food Labels
Ketan Vakil started a company to sell Low-FODMAP foods. He wants to tell the truth on his labels. His customers want that information so they can follow the diet prescribed by their doctors.
But the government said NO!
Why?
Our first Stossel TV Fellow, Trevor Kraus of Learn Liberty, examines why the government bans accurate information on food labels.
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Second chances DENIED
When someone commits a crime, they should be punished. But after? Let them work!
Yet thousands of state laws make that hard by BANNING ex-cons from many professions... even beauty care:
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The Full Rand Paul: On Covid, the Lab Leak, and Anthony Fauci
Has the public learned anything from government’s handling of Covid?
I fear they haven't, but Senator Rand Paul says: "I think people have learned ... what to trust, and what not to trust, and to be skeptical."
We discuss Covid Deception in our full interview:
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