LA Metro Is a Dangerous, Costly Mess. What Would Fix It?
Almost half of riders dodge the fares.
Economics
The Bipartisan War on Prices Is Coming for Your Credit Card
The strange new alliance between democratic socialists and nationalist populists isn't a sign of political healing. It's a sign that people have lost their grip on basic economics.
A Divided Fed
Plus: Cocaine and mustard gas, U.S. seizes oil tanker, billionaires in the White House, and more...
A Judicial Solution for Presidential Overreach and Congressional Abdication
The Supreme Court should take a page from its own history.
Federal Reserve Defers to Donald Trump by Cutting Interest Rates by 25 Points
The Federal Open Market Committee lowered the federal funds rate for the third meeting in a row despite elevated inflation.
The MAHA Administration Bails Out Big Seed Oil
The Trump administration continues a long tradition of subsidizing the things it tells Americans to eat less of.
Trump Says China Didn't Buy Soybeans While Biden Was President. Here's What the Data Show.
American farmers exported more than 26 million metric tons of soybeans to China annually during Biden's term. Trump's deal with China would cover less than half that amount.
MAGA Asceticism
Plus: Social media surveillance from the CBP, SpaceX IPO, assisted dying in the Netherlands, and more...
The 2025 Libertarian Gift Guide: 28 Great Ideas for Apocalypse Preppers, Boozers, Self-Improvers—and More
Panicked about holiday shopping? Reason staffers and contributors are here to save the day.
Why Elizabeth Warren and Donald Trump Hate the Netflix Deal
Plus: Trump’s economy shows new signs of strain, Congress pushes a $900 billion defense package, and Kalshi stirs backlash over “financializing everything”
Non-Paywalled Version of My Washington Examiner Article on "Foot Voting, Housing, and Affordability"
The Cato Institute has posted one on its website.
Trump's $11 Billion Farm Bailout Is Further Proof That Tariffs Aren't Working
But don't expect the White House to think too hard about it.
The Government Wants To Punish Orgasmic Meditation Defendants for Crimes They Weren't Charged With
The prosecutors argue that sentencing based on unconvicted—or even uncharged—conduct doesn't violate due process.
Trump's Tariffs Were Supposed To Cut the Trade Deficit and Boost U.S. Manufacturing. They're Not Working.
For Trump, tariffs are a solution to every problem, and his trade war is more about the vibes than the economics.
Trump Thinks a $100,000 Visa Fee Would Make Companies Hire More Americans. It Could Do the Opposite.
Countries like Canada and Germany are lining up to welcome companies and workers priced out by the H1-B price hike.
Virginia's New Blue Trifecta Puts Right-To-Work on the Line
Democrats retook full control in Richmond and are already advancing right-to-work repeal, testing whether incoming Gov. Abigail Spanberger will stand by her campaign promise.
Warner Bros. Accepts Netflix's $83 Billion Bid, but Antitrust Threats Still Loom
If antitrust regulators allow the deal to go through, consumers stand to benefit from a less expensive Netflix–HBO Max bundle.
Reason Webathon Woodchips Through $400,000 Goal Before the Halfway Point!
And now we're announcing a new $30,000 match!
My New Washington Examiner Article on "Foot Voting, Housing, and Affordability"
We can make housing more affordable and empower people to "vote with their feet" by curbing exclusionary zoning. Left and right should support that instead of counterproductive snake oil like rent control, tariffs, and deportations.
The Cyberselfish Revival Shows Libertarianism Continues To Be Misunderstood
What's wrong with Big Tech isn't the fault of libertarianism.
The Horseshoe of Doom: Populists Left and Right Say America Is Failing. The Facts Don't.
When voters believe they're living through an economic apocalypse, they're willing to embrace the very policies that would create one.
The Trump Admin Wants Western Union and MoneyGram To Report on Immigrants
An obscure bureau of the U.S. Treasury is using USA PATRIOT Act powers to sniff out under-the-table employment.
Switzerland Just Overwhelmingly Rejected a New Wealth Tax. Will California Lawmakers Learn?
The hammer of heavy wealth and inheritance taxes falls hardest on those still climbing the economic ladder.
The Poverty Line Isn't a Vibe
A more robust welfare state won't change the fact that tradeoffs exist, even for relatively wealthy Americans who choose to have kids.
The Trump Administration Says Nursing Isn't a Professional Degree. Here's Why That's a Good Thing.
The decision isn't a value judgment. It's a recognition that nursing school is usually cheaper than medical school.
Republican Socialism: Trump Is Taking Federal Stakes in Private Companies
The Trump administration's pivot toward socialism did not come without warning.
To the Socialists of All Parties
Friedrich Hayek's most popular work was dedicated to "the socialists of all parties." That phrase perfectly captures politics in 2025.
Knitters Need Free Trade: Trump's Tariffs Are Making Crafting Supplies Harder To Get
"Every supplier I have, minus one, from major to minor, has had a price increase," a Tennessee yarn shop owner tells Reason.
Trump Slammed Biden's $52 Billion CHIPS Act. Then He Used It To Buy a Federal Stake in Intel.
Biden said "companies are investing in America again." Instead, America is investing in companies—and getting little in return.
Trump's $1.1 Billion Tax Hike on Toys and Games
"Maybe the dolls will cost a couple bucks more than they would normally," the president warned in April. That's an understatement.
Thankfully, We Don't Have To Spend As Much of Our Incomes on Food As Our Ancestors Did
The portion that Americans spend on food has fallen steeply over the last century.
How Special Interests Twisted Federal Sugar Policy To Cost Consumers $2.5 Billion Every Year
Meet Dwayne O. Andreas: The man most singularly responsible for the fact that it is corn, not sugar, in most American sweets.
Is the Poverty Line Really $100,000?
Plus: The Adams staffer purge, therapyspeak in Tennessee's special election, and more...
Thanksgiving Should Worry Today's Socialists
The only reason we celebrate the holiday with lots of food is because the Pilgrims learned—the hard way—that socialism doesn't work.
What Sports Fans Should Be Thankful for This Thanksgiving
Capitalism has blessed us with the ability to watch almost any game we want, whenever we want, and wherever we are.
Trump Embraces Mamdani Socialism as 'Practical'
Plus: DOGE is disbanded, Trump attempts to influence the Warner Bros. merger, and Democrats tell the military to reject illegal orders
Psychoactive Hemp Products Will Be Federally Prohibited in a Year Unless Congress Intervenes
A spending bill approved as part of the package that ended the federal shutdown aims to close a loophole that gave birth to $28 billion industry.
Mamdani Understands Something About Trump That European Leaders Don't
Trump respects outreach from opponents more than submissive flattery from friends.
Trump's Tariffs Are Likely To Make Toys More Expensive This Christmas Shopping Season
In Trump's first term, he exempted many Chinese toys and household items from tariff hikes. This time, they're subject to a 30 percent import tax.
The Democratic Party Is Offering a False Choice Between Socialism and Technocracy
By looking to the past, Democrats could chart a pro-freedom blueprint for their party’s future.
California Clears Path for Gig Unions
Even after the Prop 22 rebuke, California is pushing a system that could standardize schedules and undermine gig work.
Mike Johnson Wanted Congress To Reclaim Power Over Tariffs—in 2019
Now, under Johnson's leadership, the House has changed its rules to make it even harder for lawmakers to signal their opposition to Trump's tariffs.
There Is No Such Thing as Good Industrial Policy. But Republicans And Democrats Keep Trying.
Real industrial policy has been tried—in many countries, by governments of every ideology. It fails every time for the same reason.
Rand Paul: Congress Is 'Afraid of the President'
Sen. Rand Paul explains why he wants the Epstein files released, lays out his case against Trump’s tariffs and military strikes in Venezuela, and argues that he and Rep. Thomas Massie are the last voices in Congress still committed to libertarian ideals.
DOGE Effect Finally Felt
Plus: Academic standards in crisis, everything's television, and more...
