Much about the COVID-19 outbreak has been unprecedented and historic, but until now it's been difficult to quantify exactly how serious a blow the virus would deal to the U.S. economy.
Historian Amity Shlaes on the good intentions and bad results of LBJ's war on poverty
Looking at better and worse projections.
While the 2017 tax cuts didn't deliver the results promised by Trump and his magical-thinking supporters, the administration has delivered some economic expansion, some job creation, and some investment growth.
Maybe Rome needed to disintegrate before the West could grow wealthy.
Plus: China boots three reporters, megacities are getting a smaller share of growth than they used to, and Dems gather to debate in Las Vegas..
The president’s plan calls for modest cuts made easy by unlikely growth.
A new report shows federal budget deficits pushing past $1 trillion for the next decade.
The Breakthrough Institute's Ted Nordhaus urges Americans to reject both doomism and denialism.
Trump's trade war has harmed the very industries and workers he aimed to help.
And what predictions will we shank in 2020 and beyond?
It will help us feel grateful for our lives.
Judged by his own yardstick, the president has failed because he hasn't delivered on his promises to voters.
The consensus view that the American middle class "is dead, dying, hollowed out" is based on an "incomplete reading of the data," says economist Russ Roberts.
Good news! We’re getting more while using less.
The trade war should be thought of as a massive tax and regulatory scheme.
Plus: Lucy Steigerwald explains libertarianism to New Republic readers, Donald Trump and Al Sharpton trade Twitter barbs, nutrition science is imploding, and more...
When it comes to the health of the labor market, we don’t know the full story.
Navarro's Wall Street Journal op-ed looks more like a deliberately deceptive attempt to argue that limiting imports will boost economic growth. It won't.
Still, it's better than the administration's previous proposals to cut legal immigration in half.
"For the first time ever there are now more people in the world older than 65 than younger than 5."
Mark the 49th anniversary of Earth Day by celebrating human ingenuity.
The George Mason University economist and Marginal Revolution founder explains why a richer world is a better world.
A conservative technocrat tries to engineer a better world.
An anti-market ideologue tortures the data at The Guardian.
Is the solution a "fertility dividend" that makes a portion of a person's Social Security benefit dependent on each of their offspring's earnings?
New Simon Abundance Index elegantly refutes primitive zero-sum intuitions with respect to population and resource availability trends.
The U.S. rose four places in the International Tax Competitiveness Index, and this just the latest bit of good news.
By 2020, interest on the debt will cost more than Medicaid. By 2025, it will cost more than defense spending. And that's just the start.
The prolific George Mason University economist outlines his unabashedly libertarian argument for a government that does less and individuals who do more.
New report declares world must be off fossil fuels entirely by 2050.
Paul Romer overturns limits-to-growth nonsense, and William Nordhaus projects climate change damages.
Economic freedom is good-whether in itself or because of the longevity, prosperity, and associated liberty it brings.
At nearly every opportunity, the GOP has made the nation's fiscal outlook worse.
AI could boost economic growth by 1.2 percent annually between now and 2030.
Trump worries that the Fed chief's predictable interest rate policy could impair the economic growth needed to make his tax policies viable.
Ingenuity, not capital accumulation or exploitation, made cotton a little king.
If you read Reason you already know these three pieces of good news about global trends.
Carbon-neutral transportation fuels might be possible.
More undocumented immigration meant less violent crime.
A new article in BioScience vindicates The End of Doom.
"How bad will climate change be? Not very."
Welcome to the latest gussied up version of Malthusian eco-pessimism!
"These women can give their baked goods away for free."
The U.S. used to come in second or third in rankings, but according to the latest Human Freedom Index it's at 17.
Some of Trump's economic policies could be good for everyone, including African Americans. But those numbers aren't his doing.
