we mentioned the adam smith thai and the portrait of adam smith, friedman also wears and adam smith tie on this show. it becomes hard to separate smith as the father of free market capitalism from milton friedman, the inventor of this version of adam smith. guest: during this period was also the rise of think tanks such as the cato organization, heritage, freedomworks and adam smith named think tanks. how important were these various think tanks and also promoting this free-market philosophy? guest: i think they were also really important. i do not touch on them in my book, but there are scholars whose books are not coming to mind right now, but they were also really important in crafting policy and going from smith, the mythic figure, and actually crafting sets of policies that could be easily transferred from one arena to another, and also pushing out a consistent message about what a properly smithian set of policies actually is. i do not touch on it so much. it is daniel jones and his book, masters of the universe that i think touches on the think take side a little more. host: so t

while we believe in free markets and adam smith respected the workers. so we know because it's the right thing to do, it's a value that we share, that we have to treat working people with good wages and benefits and safe working conditions, we hope if we adopt the tentative agreement, there will be a strong bipartisan support for both those in the senate. you have to ask them when it is coming up. i don't know. time is very important. and protecting the financial security, the congress remains hard at work late last night on the omnibus funding package. it's about taking us into the future. our leader in the house democrats is congresswoman rosa delauro. you have heard me say time and time again, let their own devices the democrats and republicans can reach a solution and we should let them do that. but sadly, we have no choice if they can't, but we would have to have a year-long c.r. we don't like that. but if we can't have a solution, we have no choice but to keep government open with a year-long c.r. we made that clear in the white house meeting the o

maybe they should read adam smith's other book. maybe they should just think of stakeholders' capitalism rather than shareholder capital itch. none -- capitalism. nonetheless that wasn't going to happen right now. if we had 60 votes in the senate, it could possibly happen. but we don't have 60 votes in the senate. we'll see. maybe it will surprise us in the next day or so and vote for sick leave. that's where we were. members were very -- let me repeat. we passed the p.r.o. act a number of times to enable workers to have collective bargaining. we passed the pension legislation in the rescue package, which made a complete difference for many, many workers, union workers throughout the country. we put almost -- the bipartisan infrastructure bill in the chips and science bill and the -- everything we have done we have had davis-bacon prevailing wage, lifting up wages for union workers. for all workers. so we have been there. this president has been there. but we couldn't do what we were incapable of doing. and we could not have a stri

a paper about adam smith and i had this thought in the back of my mind -- we know smith, he is a really complicated, nuanced thinker, not a libertarian, not a chicago style economist. why do we still get that image in america of smith? >> glory liu sunday night at 8:00 p.m. eastern on q&a. you can listen to q&a and all of our podcasts on the free c-span now app. >> attorney general merrick farland held a news conference on the convictions of numbers of the oath keepers, including on the charge of sedition for the groups founder and leader. he also talks about a recent court decision to appoint an interim third-party to oversee thwa

philosopher adam smith. >> i had written a paper about adam smith and i had this thought in the back of my mind -- we know smith, he is a really complicated, nuanced thinker, not a libertarian, not a chicago style economist. why do we still get that image in america of smith? >> glory liu sunday night at 8:00 p.m. eastern on q&a. you can listen to q&a and all of our podcasts on the free c-span now app. >> attorney general merrick farland held a news conference on the convictions of numbers of the oath keepers, including on the charge of sedition for the groups founder and leader. he also talks about a recent court decision to appoint an interim third-party to oversee the water crisis in jackson, mississippi. a.g. garland: good afternoon, everyone. it's been a busy couple of days. just now i met with the trial team whose work secured the conviction of five defendants associated with the oath keepers organization. and yesterday afternoon i was briefed by the attorneys and staff who were involved in a major environmental justice matter, addressing longstanding failures in the city of jac

and influence of adam smith. >> i had this thought in the back of my mind. a complicated and nuanced thinker who is not a libertarian , not a chicago style economist, so why do we still get that image in america? you can listen to q&a and all of our podcasts on the c-span now app. >> c-span is your unfiltered view of government. >> homework can be hard, but squatting in a diner for internet is even harder. we are providing all students access to affordable internet so that homework can just be homework. giving you a front row seat to democracy. the preorder your copy of the directory -- important information for congressional committees, the president's cabinet, federal agencies and state governors. it is 2995. >> be up-to-date in the latest in publishing podcasts about books. plus bestseller lists with trends through insider interviews or wherever you get your podcasts. tomorrow morning the supreme court will hear a case on etr a colorado anti-dcrination law violates a websiteigner's free speech because shenly designs wedding webpag f heterosexual couples.

the adam smith institute. we've got some interesting things to say on that. plus, the prime minister is in northern ireland today. what on earth could that signify? we'll explore it all after headlines . good after the headlines. good morning. it's 931 on rhiannon jones in the gb newsroom. four people are in a critical condition after a suspected crowd crash at a music venue in south london . police were called south london. police were called to the brixton academy last night following reports a large number of people were trying to force entry . the suspected crash force entry. the suspected crash happened during . a concert by happened during. a concert by a nigerian afro singer. the met police say eight people were taken to hospital . labour's taken to hospital. labour's andrew weston has become the country's newest , winning the country's newest, winning the stretford and urmston stretford and urm ston byelection. stretford and urmston byelection. the trafford council leader , 69% of the votes, but leader, 69% of the votes, but with only a 25% turnout in

influence of philosopher adam smith. >> i had written a paper about adam smith and i had this thoughtn the back of my mind -- we know, among theorists, smith is a nuanced thinker who is not a libertarian, not a chicago style economist, so why did we still get that image in america of smith? >> glory liu with her book sunday night at 8:00 p.m. eastern on q&a. you can listen to q&a and all of our podcasts on our free c-span now app. >> next week on the c-span networks, tuesday at 11:00 a.m. eastern, house speaker nancy pelosi and other members of congress hold a congressional gold medal ceremony honoring the police that protected the capital on january 6. thursday at 10:00 a.m. eastern, the house judiciary committee examines undo influence and politicking within the supreme court, following allegations of leaked decisions. the house and senate are both in session and both chambers are working to pass government funding legislation by december 16 to avert a shutdown. the house will also take up a policy bill, followed by the senate. the senate will also vote on judicial nominations. watc

the adam smith against another? institute think tank has released a report saying the research into a generational unfairness is to tell us more. as the director of operations of the adam smith institute , morgan the adam smith institute, morgan schondelmeyer. so what i mean, i was surprised. i've got to say that the adam smith institute was talking about we use in intergenerational inequality . t intergenerational inequality. t so i never really associate of the adam smith institute with being bothered by sort of levels of inequality before. so why are you so perturbed about this? it's really interesting . one, as it's really interesting. one, as you say, it's not about pitting generation against each other. it's looking at the system that we've created, which creates incentive jobs allocates incentive jobs and allocates resources and looks at the way in which that's actually inefficient. it's not inefficient. so it's not necessarily about fairness, although if we were to rebalance the system, you would have a more

>> sunday night on "queu and a" harvard lecturer looks at the life of 18th scottish philosopher adam smith. >> and i had this thought in the back of my mind like this is a really complicated their who is not a libertarian or economist and why did we get that image. >> her book "adam smith's america" sunday night. you can listen to all of our podcasts on free c-span now app. congress returns monday and faces a deadline to fund the government through next year. current money runs out on december 16. the house and senate plan to take up 2023 defense programs. later in the week in the house, a vote on the final marriage of the marriage equality bill. watch living korch of the house on c-span, the senate on c-span 2 and watch on c-span now or online on c-span. org. >> c-span is your unfiltered view of government and we are funded by these companies and more, by comcast. >> it's way more than that. comcast is partnering to create lists so students and families can get ready for anything. >> comcast supports c-span as a public service, giving you a front-row seat to democracy. >> fridays at 8:00

scottish philosopher, adam smith. >> just had this thought in the back my mind, we know among political theorists, smith i this really complicated and nuanced or who is noa libertarian. he is not a chicago style economist. so why did we still get that image in america osmith? >> glory lou with adam smith's america. that is tonight on c-span's q&a. you can listen to q&a and all of our podcasts on the free c-span now at. >> congress returns monday. the current money runs out on december 16. later in the week in the house, a vote on the final version of a marriage equality bill and more judicial nominations in the senate. watch live coverage on the house on c-span, the senate on c-span two. you can also watch on our free video app c-span now or online at c-span.org. >> listening to programs on c-span through c-span radio just got easier. tell your smart speaker play c-span radio and listen to washington journal, important congressional hearings and other public affairs events throughout the day and weekdays at 5:00 p.m. and 9:00 p.m. is to. catch washington today for a fast-paced report of

of adam smith. >> i had read in a seminar paper on adam smith's ideas about poverty. smith is a nuanced thinker who is not a libertarian. he is not an economist, so why did we get that image of smith in america? >> 8:00 p.m. on -- watch at 8:00 p.m. on c-span's q and a. >> washington journal continues. host: we are joined by politico's economics reporter guido. 200 30,000 jobs were added last month. -- 230,000 jobs were added last month. guest: that is better than economists were expecting. it could be bad news because the federal reserve is trying to slow the economy. one of the reasons you saw stocks go down on the news is they are worried that this might mean the federal reserve raises the interest rate even higher to try and slow growth more aggressively. they were looking for a jobs report that was more in terms of adding 100,000 jobs and we got more than twice that. a really healthy pace of job growth. no signs that we are yet dropping into a recession, but there are still those fears out there given what the fed is doing. looking at the numbers straight up heal

of 18th-century scottish philosopher adam smith. >> i had written on his ideas of poverty and inequality had this thought in the back of my mind he is this complicated and nuanced thinker, not a chicago style economist, so why do we still get that image in america? >> tonight at 8:00 p.m. eastern on c-span's q&a. commit listening to programs through c-span radio just got easier. listen to washington journal daily at 7:00 eastern. and weekdays at 5:00 p.m. and 9:00 p.m.. listen to c-span anytime. c-span ask about washington journal. every day we take your calls live on the air and discuss policy issues that impact you. coming up, zach: talks about the week ahead in congress and maia mcginnis on debt concerns ahead of the budget passage and reporter for the arizona republic on the delays in the arizona certification. watch washington journal monday morning on c-span or on c-span now. tomorroworng the supreme court hears a case on whether a rado anti-discrimination l violatese speech because she only designs websites for at her sexual couples. congress returns later in the day facing a dead

in her book "adam smith's america" harvard lecture looks at the life of adam smith. >> i wrote a seminar paper on adam smith, poverty, and inequality. i had this idea in the back of my mind. among political theorists, smith is a really complicated nuanced thinker. he is not a libertarian. he is not a chicago style economist. but we still get that image in america of smith. >> lori lu with her book, sunday night at 8:00 p.m. eastern on c-span's q&a. this into q&a and all podcasts on our free c-span now out. a hearing now on youth mental health needs. the senate health subcommittee on children and families heard from mental health practitioners, educators, and students that talk about a variety of topics, including the need to destigmatize mental health and increase access to health care. it is about one hour 35 minutes. half.

i salute the chairman adam smith and ranking member mike rogers and i met personally to thank them for bringing this legislation to the floor. as with all legislation, we did not get everything we wanted, but we did advance honoring our oath of office to protect and defend. this year, democrats had one provisions. 4.6% pay raise for servicemembers, strengthening the fight against sexual harassment in the military. a step forward from where we were last year. making it easier for federal firefighters who contract certain diseases to qualify for federal workers' compensation. and defense research at hcbu's and other minority-serving institutions and use american-made semiconductors per our chips and science legislation. promoting american global leadership by investing in our alliancees, $20 billion between europe and asia and landmark ocean conservation package, very important, especially where the population lives on the coast, including on the great lakes. so this legislation is very important. we did give the republicans health freedom, ensuring our troops can travel to access reprod

university lecturer looks at the life and continued influence of 18th-century scottish philosopher adam smith>> it's written like a seminar paper and adam smith'ideass had this thought in the back of my mind, likely no smith, smith is a really complicated, nuanced thinker. he's not a libertarian. he's not a chicago style economist. why did we still get that image in america smith? >> her book "adam smith's america" tonight at 8:00 p.m. eastern on c-span's q&a. you can listen to q and a and all of our podcasts under free c-span now up. -- on our free c-span now at. >> preorder your copy of the congressional directory for the 118th congress. it's your access to the federal government with bio and contact information for every house and senate member, important information for congressional committees, the president's cabinet, federal agencies and state governors. scanned the code on the right to preorder your copy today. it is $25 90 five cents plus shipping and handling and every purchase helps support our nonprofit operation at c-spanshop.org. >> c-span is your unfiltered view of government.

an adam smith own goal for bournemouth was enough for newcastle to move through at the cherries expense send them through at st mary's. jamie vardy picked up ther third for leicester city as they saw off mk dons while wolves gave new managerjulen lopetegui a winning start with two late goals against league two strugglers gillingham. the football association have confirmed that ivan toney has been charged with with a further 30 alleged breaches of betting rules. the brentford striker is alleged to have made the additional breaches to the fa's betting rules between march 2017 and february 2019 bringing the total amount of betting charges up to 262. the 26 year old has until the ath of january in 2023 to respond. there's barely been a empty street in the past three days in buenos aires, as the argentinian capital then prepared to welcome their world cup winners home. thousands stayed up until the early hours to wait for the squad as they returned home and even more spent the day, declared as a public holiday, in the city. the players were unable to reach the central obelisx monument as pla

in her book "adam smith america" harvard lecturer glory lu looks at the influence of adam smith. >> i wrote on -- a seminar paper on adam smith about poverty and equality. in the back of my mind, i knew that adam smith is a really complex nuanced thinker that is not a libertarian. he is not a chicago style economist. but we still get that image in america. >> tonight at 8:00 p.m. eastern on c-span q&a. listen to q&a and all ou podcasts on our free c-span now app. >> c-span washington journal every day taking your calls live on the air on the news of the day discussing policy issues that impact you. monday morning, congressional reporter for bloomberg government talks about the week ahead in congress and the committee for a responsible federal budget on debt concerns ahead of the 2023 budget passage. then a reporter from the arizona republic on the delays in the arizona certification of the november election. watch washington journal live up -- at 7:00 a.m. eastern on monday morning. join with phone calls, facebook comments, text messages, and tweets. >> federal reserve chair jerome po

months, commented on the message about the possible sending of a patriot air defense system to kiev, adam smithan of the committee on armed forces of the us house of representatives, according to him. now it is more likely that the air force will be provided with anti-aircraft missile systems and other means of combating russian drones with washington's program to train the ukrainian military clarity, more instructors will train 500, servicemen per month they will be engaged in shooting and will work out the interaction on the field. combat maneuvers will take place from january on german soil the ministry of defense announces that we will expand the training of the ukrainian armed forces under the leadership of the united states to include joint maneuvers and combined operations, building on specialized training on the equipment that we already provide to ukrainians exercises in combined arms maneuvers are logical the next step in our ongoing training efforts, which began in 2014 for capacity building of the armed forces of ukraine but to ukrainians. it seems that this is not enough, the head

i mean, we talking about adam smith, john, lock, newton. i mean, this individual isn't, this was the hero of individuals. and that great. the other thing with the enlightenment that we thought, you know, europe thought that because it was word distinctly secular, then it was neutral. and everyone would see it was that for neutral, but that's not true for the muslim world. it's not true in india or it's not true in china or in many ways either they see secularism as a particular product, a product of western thinking and inimical to spirituality. to religious, even in russia, to the revival of the orthodox church, which is so important. and they understand that you cannot get back energy into your society, into your community without some understanding beyond just the literal of moving beyond that you have to have the narrative, the missed the stories, the moral stories that give your community meaning and give it a certain a certain death and without that you, you don't, you haven't nothing except the sort of assess the descent into liberal

. >> "adam smith's america. sunday night on c-span's queu and a. listen on our free c-span now app. >> c-span is unfiltered view of government and funded by these television companies and more including comcast. >> comcast is partnering with wifi so families can get the information they need to be ready. >> comcast sports c-span along with these television providers giving you a front-row seat to democracy. >> british prime minister congratulated england's soccer team in the world cup. as he fielded questions. a variety of topics were addressed the investment in mental health services and

a university lecturer looks at the life and influence of an 18th-century scottish philosopher, adam smith>> poverty and inequality. i had this on the back of my mind. we know he is a really complicated, nuanced thinker. he is not an economist. provided you still get that image in america. >> sunday night at 8:00 p.m. eastern on c-span's q and a. you can listen to q&a and all of our podcasts on our free c-span now app. >> now, or marks from the chair and vice chair of the house looked committee. representative derek kilmer and south caroli'

lou looks at the life and continued influence of 18 sentient -- 18th century scottish philosopher adam smithe note smith is a complicated nuanced thinker who is not a libertarian, he is not a chicago style economist, we don't get that image of a mayor -- we don't get that image of adam smith, in america. >> you can listen to q&a and all of our podcasts on our free c-span now at. -- c-span now video app. >> c-span now is a mobile app featuring your unfiltered view of what's happening in washington live in -- live and on-demand. white house events, the court, campaigns and more from the world of politics all at your fingertips. you can also state up-to-date on the latest issues of washington journal. plus a variety of compelling podcasts. c-span now is available in the apple store and google play, download it today. c-span, your front row seat to washington anytime and anywhere. >> massachusetts representative seth moulton says the u.s. has fallen behind its adversaries with regards to military modernization and innovation.

as adam smith said, of the person many relied on, the founding of our country is an economist.hat he believe in the free market, but you always have to watch out for this standing army of monopolies. that is why we have antitrust laws, and i know you know that, you're an expert on this, as are many members of this committee is also why we have to have strong enforcement. so i want to thank all our witnesses. did you want to respond, senator? you look like you want to respond to that. yeah, you. >> i was just going to say, adam smith wasn't the author of the invisible water bed. >> all right. with that, we are going to keep the record open for one week. i want to thank our staff members who are here, mark and avery. on my staff, as well as senator leads staff. >> on the hearing, as well as senator durbin and senator grassley, and their staff, for allowing us to move forward with this strong committee. we have a feeling it's going to be more work for the committee in the coming year. and we thank you so much for coming to testify today. the hearing is concluded, thank you. >>, on

medicine pirie, president of the adam smith institute , who has this week institute, who has this weeken a paper entitled broken britain 16 problems facing the country. it's a lot more than 16. it's as if we didn't want the paper to be too big. so we just picked out the top 16. and what are what's the common theme within all of these problems that the country sort of feels a bit stutter ing that the country sort of feels a bit stuttering right that the country sort of feels a bit stutter ing right now. it it is like the 1970s. you mentioned the winter of discontent. okay so we have loads of strikes every day. we have high inflation , cost of living inflation, cost of living crisis. yes. we had all that. but there was another thing about 1979. nothing worked. and we're back there again . nothing we're back there again. nothing in britain works. the nhs doesn't work. education doesn't work . the bank of england work. the bank of england supposed to keep inflation at 2. let it go to over 10. it's broken. everything's broken . broken. everything's broken. transports broken. housing is brok

an adam smith own goal for bournemouth was enough for newcastle to progress at the cherries' expense,art with two late goals against league two strugglers gillingham. liv golfers will be allowed to compete in the masters in 2023, organisers at augusta national have confirmed. despite the issues in the sport brought about by liv golf, the tournament organisers say their ultimate focus is to bring together "a pre—eminent field" and they'll invite players who are eligible under their current criteria. the murray brothers could play their final doubles match this week as part of the exhibition series the battle of the brits. the scotland versus england event starts on wednesday in scotland with andy muray playing jack draper. he will then team up with jamie — who organised the event — to take onjoe salisbury and neal skupski. after two hip surgeries andy says he's in good shape but could call time on his playing career if he suffered another serious injury. ifi if i was to have a big injury, i'd probably not try to come back from the, but if my body is in good shape and i'm still able to

of adam smith. >> i had read in a seminar paper on adam smith's ideas about poverty. smith is a nuanced thinker who is not a libertarian. he is not an economist, so why did we get that image of smith in america? >> 8:00 p.m. on -- watch at 8:00 p.m. on c-span's q and a. >> washington journal continues. host: we are joined by politico's economics reporter guido. 200 30,000 jobs were added last month. -- 230,000 jobs were added last month. guest: that is better than economists were expecting. it could be bad news because the federal reserve is trying to slow the economy. one of the reasons you saw stocks go down on the news is they are worried that this might mean the federal reserve raises the interest rate even higher to try and slow growth more aggressively. they were looking for a jobs report that was more in terms of adding 100,000 jobs and we got more than twice that. a really healthy pace of job growth. no signs that we are yet dropping into a recession, but there are still those fears out there given what the fed is doing. looking at the numbers straight up heal

adam smith. >> and i had this thought in the back of my mind. and really complicated their who is not a libertarian or chicago-style economist and how did we get that image. >> sunday night at 8:00 p.m. sunday night. listen to our podcasts on free c-span now app. >> c-span is unfiltered view of government funded by these television companies and more including sparklight. >> the place you call home. at

an adam smith own goal for bournemouth was enough for newcastle to move through at the cherries expenseagerjulen lopetegui a winning start with two late goals against league two strugglers gillingham. the football association have confirmed that ivan toney has been charged with with a further 30 alleged breaches of betting rules. the brentford striker is alleged to have made the additional breaches to the fa's betting rules between march 2017 and february 2019 bringing the total amount of betting charges up to 262. the 26 year old has until the ltth of january in 2023 to respond. there's barely been a empty street in the past three days in buenos aires, as the argentinian capital then prepared to welcome their world cup winners home. thousands stayed up until the early hours to wait for the squad as they returned home and even more spent the day, declared as a public holiday, in the city. the players were unable to reach the central 0belisx monument as planned due to security concerns because of the crowd size, estimated by local media at four million people. they were transferred from

speak of the fact you've got people like adam smith saying we won't even consider reinstating those kicked policy because people have to follow orders. it should be no question that this mandate should be lifted and those who are kicked out under this wrong-headed decision should be reinstated with back pay. >> brian: listen, you want to do this and lessen the symptoms and some of the other things if there is a shot out there that worked, the american shot, i get it. certain the chinese shot. but if you get the original shot, four variants in from that shot, it's totally ineffective. so what are you saying? listen to the numbers. army, 15,000 soldiers short. national guard, loss of 7500, the navy has met only 10% of the goal, marines 30% of the goal. the air force, 10%. let alone the people we are kicking out. also 3,600 marines are facing discharge, 834 army, excuse me, air force, 1800 army members, 1900 navy. we need these men and women. let's be practical for once in our governmental lives. >> it just sends such -- there is a message it sends, brian, is that the leaders of this country

military aid to ukraine led to a strong response from the chairman of house services committee, adam smith>> the whole oversight of the spending on ukraine thing makes me crazy, number one the focus on that is part of russian propaganda, that the money isn't spending the money wisely. ukraine is spending it well that's why they're winning. we need oversight, but we don't need that as an excuse to not fund. >> we'll go much deeper on that and more. in terms of the ukraine conflict on the panel i'm hosting at the top of the hour, i'll be joined by the new head of the space force, what they're playing in the fight in ukraine and the secretary of army about the ramped up u.s. training in europe to help the ukrainians in russia which of course china and so many other adversaries are watching closely. >> we'll show some of the panelist next hour, including the chief of the u.s. space force operations and the u.s. army secretary. you can watch all of the national defense forum events this weekend heading to fox nation.com. come together as they address the health of our national address. fox nati

i want to fall back a little bit in time and introduce you to a fellow by the name of adam smith, he englishman whong was living during the americann revolution. in 1776 he published a book called wealth of nations. in that book he talked about the relationship between business and the government. in this book smith said there is a natural orderon to economics, there is a natural order to things and governments disrupt the natural cycle governments like to investigate, governments like to regulate in this every time the government gets involved in business it's almost always a negative it disrupts the natural cycle of economics. in that work he used a french phrase, does anyone know what that means? translate that for me? [inaudible] >> where the government stays out of business. it means let it be, leave it alone, don't involve yourself. in other words don't pass legislation that will lead to inspections, regulations, any sort of restriction, you j just let business take caree busines. in other words hold your hands up, don't get involved that would be the best type of government fo

>> there was pressure a few years ago in congress, even adam smith, the chairman of the house armed servicesttee proposed abolishing icbm's which would actually if we did that come even unilaterally, we would be safer, the world would be safer from that possibility of escalation which exists right now. when biden says this is the most dangerous moments is the cuban missile crisis -- which i was involved in in 1962 at a high staff level -- he is absolutely right. it is above all because of existence on both sides, which is even worse than having one side wh these hairtrigger icbm 's. putin talks about applying a small tactical use of small nuclear weapons. almost sure to escalate and the reason that has the possibility of destroying most human life on earth by nuclear winter, killing all harvests, is because from the moment a single small nuclear weapon if you hundred kilotons only, smaller than hiroshima, from the moment that was used, each side will be asking of its own icbm commanders, are they coming? might they be coming shortly? not in day but as this escalates, should we wait or should

that's what adam smith really wrote about. according to robert bork jr., the antitrust bill would enact so many potential ways to prosecute, abuse and torment companies that government would in essence become the real board of directors and every major company would be ruled by the federal government. that is what is coming. that is what they're proposing. this bill today is a small step in that direction, but what they have in the pipeline is more government control of business. the package today is a mere precursor to designating the department of justice and the ftc as the central planners of the american economy. this bill seeks to take the power out of the hands of the consumers and hand it to the antitrust bureaucrats. therefore, i object. the presiding officer: the objection is heard. mr. lee: mr. president, it's unfortunate the objection has been launched. i think i disagree with every single assertion in there. that's not what this bill does, not in the slightest. this bill does not take the position that big is bad.

thank you -- thanks to the distinguished chair of the armed services committee, adam smith and ranking member member, mike rogers, and all the members and staff assembling this bipartisan bicameral legislative package. it makes it stronger. for -- i would like to say some of the things in this legislation because as our country grows and needs are greater, the cost goes up as well, but how those resources are prioritized is very important for our colleagues who are making it accountable to understand our definition of strength and that starts with a deeply deserved 4.6% pay raise to ease the sting of inflation. and empowering pentagon to allowance bringing food prices directing more funding tosome miss areas so meeting the personal needs of our personnel is so very important and this legislation does just that. building on the sweeping progress in last year's ndaa to combat sexual assault in the military, this year we require independently trained investigators outside the immediate chain of command to investigate claims of sexual harassment as well and jackie speier was important in a

i want to fall back a little bit in time and introduce you to a fellow by the name of adam smith.e is an englishman who was living back during the american revolution. in 1776 he published a book called wealth of nations. and in that book he talked about the relationship between business and the governments. and in this book smith said there is a natural order to economics. there is a natural order to things and governments to disrupt that natural cycle. governments like to investigate. governments like to regulate. every time government gets involved in business it's almost always a negative. it disrupts the natural cycle of economics. and in that work he used a french phrase. floods a therapy to see what happen to know what that means can translate that for me? cork so the government just out of work? it's not out of war but stay out of business. laws a fair means let it be. leave it alone. do not involve yourself. in other words don't pass legislation that will lead to inspections, regulations and any sort of restrictions. you just let business take care of business. in other w