China's Industrial Policy Is Failing. Will American Politicians Take Notice?
Panic over China's rapid economic growth has fueled all manner of big-government proposals. They're looking even more foolish now.
Economic Growth
Barbie Girls Now Live in a Much Wealthier Barbie World
The average working woman in 2023 earns enough money to buy a Barbie doll every 33 minutes. In 1959, it took nearly two hours.
Baltimore Orioles Owners Demand Even More Unnecessary Taxpayer Money
Apparently $600 million to improve a very nice stadium isn’t enough.
Under Multiple Budget Scenarios, the Government's Numbers Still Don't Add Up
Balanced federal budgets aren’t even considered as a possibility.
'Bidenomics,' Like All Industrial Policy, Sucks
Plus: Does Tom Cruise really do all of his own stunts?
'Bidenomics' Is Nothing New
It's a familiar program. And it will result in higher prices, slower growth, and fewer jobs.
The Next President Needs To Cut Spending
At a minimum, the national debt should be smaller than the size of the economy. A committed president just might be able to deliver.
Turns Out 'Bidenomics' Means Top-Down Economic Control
Joe Biden's big economic speech is a poor attempt at a branding exercise.
Polls Reveal Americans' Fears About A.I.
Americans are more afraid than excited about A.I. But these technologies offer far more to cheer than to fear.
The Fed Won't Save Us From the Inflation Iceberg
Plus: Was Gerald Ford right to pardon Richard Nixon?
The Debt Ceiling Deal Does Not Go Nearly Far Enough
Projections of huge savings are making the rounds. Nothing could be further from the truth.
How To Restrain the A.I. Regulators
A more flexible model of oversight avoids hyper-cautious top-down regulation and enables swifter access to the substantial benefits of safe A.I.
Can Governments Increase Birthrates? Should They?
Join Reason on YouTube Thursday at 1 p.m. Eastern for a discussion about the limits of population control with Elizabeth Nolan Brown and Scott Winship.
Vivek Ramaswamy Thinks 'Wokeness Is a Cultural Cancer'
Why the businessman launched a long shot campaign for the presidency.
The Debt Ceiling Fight Is a Reminder of America's Dire Fiscal Future
The longer we wait to address our debt, the more painful it will be.
States Spend Billions on Economic Development Deals With Little Return
In a new report, the Center for Economic Accountability analyzed economic development data from all 50 states and the District of Columbia, and there's very little to show for billions in annual spending.
The Federal Reserve Was Supposed To Ease Economic Instability. Instead, It's Made It Worse.
A responsible political class would significantly reform the organization. Instead, they will likely continue to give it more power.
Republicans' and Democrats' Refusal To Reform Social Security and Medicare Is Political Malpractice
In 10 years, the programs' funds will be insolvent. Over the next 30 years, they will run a $116 trillion shortfall.
Minnesota Taxpayers Could Be Pillaged for $280 Million in Vikings' Stadium Upgrades
Taxpayers spent about $500 million to build U.S Bank stadium, which is just seven years old.
Is the 'Climate Time-Bomb' Really Ticking Toward Imminent Catastrophe?
Climate change is a problem, but the IPCC AR6 Synthesis Report is wrong to suggest that humanity is on the brink of catastrophic warming.
Biden's New Budget Would Hike Taxes and Wage Class Warfare
The higher taxes on small businesses and entrepreneurs could slow growth. Less opportunity means more tribalism and division.
The Problem With the 'Abundance Agenda'
True abundance requires a minimal state and free markets.
The Answer to Population Decline Is More Immigration
Politicians' go-to fixes like child tax credits and federal paid leave are known for creating disincentives to work without much impact on fertility.
What the U.S. Should Learn From China's Population Decline
The U.S. remains the top destination for the world's immigrants—but it must be careful not to squander its immigration advantage.
To Win the Speakership, Kevin McCarthy Had To Promise To Cut Spending. Good.
While some Republicans may have had misguided motivations, a few disrupted McCarthy's campaign in order to enact fiscal restraint. Their colleagues were fine with business as usual.
Trump's Tax Returns Show What Sort of Tax Reform We Need
But partisans are having the wrong debate.
2022 Proved That Governments Can't Improve on Good Economic Principles
We’d all be better off if politicians spared us their experiments in subsidies, wages, and trade.
Congress and the Federal Reserve Could Be Setting Us Up for Economic Disaster
If lawmakers keep spending like they are, and if the Fed backs down from taming inflation, then the government may create a perfect storm.
America Needs 'Low-Skilled' Workers
Yes, America benefits from immigrants who can write code. But we also need ones who can swing hammers.
Semiconductor Manufacturers Don't Need More Subsidies. They Need Less Government.
Fixing federal permitting rules and easing immigration policies would help companies like the Taiwan Semiconductor Manufacturing Company, which are interested in building more plants in America.
Free Trade Would Boost the Economy, But It's Not on the Ballot
Joe Biden adopted his predecessor’s protectionism, threatening our peace and prosperity.
A GOP-Led Congress May Focus on Owning the Libs. Instead, It Should Focus on Owning Inflation.
If the midterms favor Republicans, their top priority needs to be the fight against inflation—whether or not they feel like they created the problem.
Latest GDP Numbers Aren't Calming Recession Fears
The U.S. Bureau of Economic Analysis reports that GDP grew 0.6 percent in the third quarter of 2022.
The 'Experts' Were Never Going To Fix Inflation
The idea that the Fed has the knowledge necessary to control the economy with perfectly calibrated policies was always an illusion.
Liz Truss Is Flailing, Politically and Economically
The British Conservative Party can’t figure out what it wants.
Drugs, Debt, and Masculinity
Plus: The editors wade into the conversation surrounding the modern dilemmas men face.
Americans Are Losing Their Work Ethic
Even reduced immigration and job openings for miles aren't luring America's ever-growing workforce dropouts back in.
What Would It Take for the Democrats To Really Be the Party of Opportunity?
Government should not penalize investment, thwart competition, discourage innovation and work, or obstruct production.
Facebook, Instagram Posts Flagged as False for Rejecting Biden's Recession Wordplay
"The fact-checking industry has become a partisan arbiter of political disputes," notes Phil Magness.
55% of America's Top Startups Were Founded by Immigrants. Why Won't Congress Let in More?
Without a tenable visa pathway, immigrant entrepreneurs will look to greener pastures—and the American economy will be worse for it.
The CHIPS Act Is Corporate Welfare Disguised as Industrial Policy
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.
Obi-Wan Kenobi and the Era of Cultural Stagflation
On streaming and the big screen, we're paying more for less, even as new ideas seem few and far between.
Recession 'Virtual Certainty' as Interest Rates Spike
Plus: Libertarian Party drama, how rent control hurts renters, and more...
Globalization Is Alive, Well, and Changing
America can join with more free trade or it can miss out.
Biden Says Fighting Inflation Is His Top Economic Priority. His Antitrust Policy Would Make Inflation Worse.
Attacking big firms just for being big could drive up prices.
Jerome Powell, Who Wildly Misjudged Inflation, Is Overwhelmingly Reconfirmed as Fed Chair
There is seldom any meaningful accountability for government incompetence.
A Global Tax Cartel Would Be as Bad as It Sounds
Several studies have found that the vast majority of costs incurred by increased corporate taxes are passed along to workers in the form of lower wages.
