Politicians Use Subsidies To Squeeze Semiconductor Manufacturers
When politicians manipulate industry, the public pays the price.
When politicians manipulate industry, the public pays the price.
"The country is that divided," said one business owner. "We kind of want to be with our own people. We want to stick together."
Politicians say they want to subsidize various industries, but they sabotage themselves by weighing the policies down with rules that have nothing to do with the plans.
The legislation, which forbids shipping anything between American ports in ships that are not U.S. built and crewed, is just another a special deal that one industry has scammed out of Congress.
Politicians' go-to fixes like child tax credits and federal paid leave are known for creating disincentives to work without much impact on fertility.
Companies who embrace political agendas to please some of their employees or customers risk alienating others.
Election betting markets are often more reliable than pundits. Did the site steal user funds? No. Did they lie to people? No. Harm anyone? No.
Cannabis consumers should have the same commercial leisure spaces that alcohol drinkers do.
The Netscape co-founder and legendary venture capitalist talks about the future, innovation, and your next beach read.
These days, he may run for president. His politics have changed.
Apparently, parents’ rights don’t extend to letting their kids listen to naughty Christmas lyrics.
Biden sat in a truck that costs as much as $120,000 to promote a tax credit that only applies to electric vehicles retailing for up to $80,000.
Floridians will bear the cost of DeSantis currying favor with immigration restrictionists.
The Strategic Petroleum Reserve is supposed to insulate the U.S. from oil embargoes and foreign wars. More often, it has been used like an insurance policy for private companies.
The Biden administration's antitrust efforts are being shut down by judges, except for a single successful case where best-selling authors were involved.
Despite what you may have heard, many "recyclables" sent to recycling plants are never recycled at all.
The factory may have been a bad deal for Virginia, but tying the decision to Chinese aggression is the wrong move.
But partisans are having the wrong debate.
The Inflation Reduction Act extended tax credits for buying electric vehicles, but the requirements will put them out of reach for most customers.
Compliance could prove impossibly expensive for independent food sellers.
When I was young, I assumed government would lift people out of poverty. But those policies often do more harm than good.
Join Reason on YouTube and Facebook on Thursday at 1 p.m. Eastern for a live discussion of "stakeholder capitalism" or Environmental, Social, and Governance (ESG) investing.
Antitrust regulators don't seem to understand how the video game industry works.
Plus: Democrats retain control of Senate, RIP Sharon Presley and Martin Wooster, and more...
Joe Biden adopted his predecessor’s protectionism, threatening our peace and prosperity.
There’s nothing patriotic about a law lining the pockets of cargo companies at the expense of consumers.
The G Word, a new documentary, only occasionally covers serious issues. But it opts not to do honest reporting.
A livestreamed debate between Binyamin Appelbaum and Gene Epstein
While campaigning for the midterm election, the president is promoting a disastrous and expensive form of economic protectionism.
No, a big storm does not require big government.
Businesses are all in favor of competition, tax cuts, and deregulation only until they aren't—meaning only until subsidies might benefit them.
Democrats pander to immigrants but do little to liberalize the system. Meanwhile, Republicans' hostility to immigrants has increased.
The current franchise dealership model does not benefit consumers. It also may not benefit dealerships.
Where have we heard before about government councils dictating terms to nominally private enterprise?
In Return of the Artisan, anthropologist Grant McCracken explains how we've shifted from an industrial to a handmade economy.
Ban on mandatory training of certain race topics “is a naked viewpoint-based regulation on speech.”
Why should we believe that this boondoggle will produce better results than hundreds of other corporate welfare programs?
Many conservatives no longer appear to care much for fiscal conservatism.
Wherever markets are free, new wealth gets created. Then almost everyone wins.
Without a tenable visa pathway, immigrant entrepreneurs will look to greener pastures—and the American economy will be worse for it.
If you believe that moving most of our chip production onshore is good for national security, you should labor for regulatory reforms rather than subsidies.
Just as you don't attract bees with vinegar, you don't attract corporations by promising to tax them heavily.