Peter's Blog

Earlier this week, Peter joined Harry Cole to warn listeners that the U.S. economy is running on promises it cannot keep. He lays out how trade deficits, mounting government obligations, and post-Covid spending have accelerated inflation and pushed long-term interest rates higher. Along the way he touches on the social safety net, the risk of […]

A recent, and extremely controversial, Palantir essay advocates for a deep enmeshment of the state with artificial intelligence for the purpose of national security. Karl et. al make the case that those who are unwilling or unable to integrate artificial intelligence into their nation’s security infrastructure will become overtaken by those who do. Businesses and […]

As AI continues to grow more complex and capable, many are understandably concerned about its economic consequences. The true AI-related danger, however, is not its displacement of jobs, but the regime that will likely emerge to funnel its benefits to the state and its favored rent-seekers. The following article was originally published by the Mises […]

Most careers today have some possibility of being diminished or replaced by artificial intelligence. This has sparked great fears among many citizens and academics that most people will end up without a job and business elites will keep getting richer. They believe that there will be a vast structural surge of unemployment in which the […]

Tariffs are being pitched as a magic bullet to revive American manufacturing, pushing out foreign competitors to bring red, white, and blue factories humming back to life. It sounds great: tax imports to bring companies back to the States, and generate a flood of revenue in the process as jobs flood back to the heartland. […]

The world has watched for decades as U.S. ports have lagged behind their international counterparts. As they have become increasingly plagued by congestion, delays, and rising costs, it becomes increasingly clear that the publicly-owned port authorities are failing to meet the demands of modern global trade. The solution lies in privatization, a much-needed approach that […]

On Friday’s episode of the Peter Schiff Show, Peter tackles the Bureau of Labor Statistics’ most recent jobs report, which came out early Friday. The report, which purportedly supports the narrative of a strong economy, is not as positive as the media suggests. Peter takes most of this episode to explain why.