Trump's Tariffs May Soon Make Car Insurance More Expensive
Tariffs on auto parts, meant to "protect America’s automobile industry," make repairs more expensive and drive up the cost of insurance.
Tariffs on auto parts, meant to "protect America’s automobile industry," make repairs more expensive and drive up the cost of insurance.
The Fed should be replaced by free markets, not unbridled presidential power.
Maintaining the elevated federal funds rate makes borrowing more expensive, but the alternative is artificially cheap money, malinvestment, and inflation.
The executive branch wants to use the Federal Reserve as a tool to accommodate the government's frenzy of reckless borrowing.
The president has spent six months promising to make everything more expensive, and polls show that Americans have noticed.
Plus: Zohran Mamdani's brilliant plan, Google monopoly claims fall flat, and more...
First-place finishes include a piece on the Dutch "dropping" rite of passage, a documentary exploring citizen journalism and free speech, and a long-form interview with exoneree Amanda Knox.
The Federal Reserve is unwilling to lower interest rates because "there will be some inflation from tariffs coming," Jerome Powell told a Senate committee.
"I would love an intellectual ecosystem in economics that was more ideologically balanced than what we have now," the Harvard professor tells Reason.
Out-of-control housing costs helped Trump win the 2024 election. Is he about to make the problem worse?
Nominees include stories on inflation breaking brains, America's first drug war, Afghans the U.S. left behind, Javier Milei, and much more.
Even if the Fed tried to cut rates, inflation, investor reluctance, and a $25 trillion borrowing spree could keep them elevated for years.
Predictions for U.S. and global economic growth are down since January.
According to the president, the U.S. economy will begin to slow down unless the Fed “lowers interest rates, NOW.”
Protectionism in Egypt and Iraq fueled corruption, stagnation, and smuggling—not prosperity.
The IMF says the deal builds on "impressive early progress in stabilizing the economy."
Tracking the price of eggs, beef, chicken, and more
As poverty and inflation plunge, Milei's reforms begin to reshape Argentina's economy.
Economic historian Phil Magness on the real history of tariffs and why Trump is so wrong about them.
Plus: Why the selection committee did a good job, sports ticket prices are spiking, and more.
State laws banning caged eggs are cutting off millions from cheaper options.
At the current rate of inflation, the dollar will lose 33 cents of purchasing power within a decade.
It tries to offset as much as $4.8 trillion—mostly for tax cut extensions—with only $1.5 trillion in supposed spending reductions.
Cutting government spending and calling off the trade war would be steps in the right direction.
Inflation and rent prices are down, and the country has a budget surplus.
Though he promised to lower costs on Day 1, Trump remains just as beholden to the laws of supply and demand as his predecessor.
President Donald Trump doubled down on both domestic deregulation and protectionism in his speech to the World Economic Forum.
But at least he restored respect for a tariff-loving predecessor by renaming a mountain.
If a central bank has to exist, it has to be independent.
For all the excitement about the incoming administration and a return to the 2019 economy, market stability rests on the precarious assumption that the government will eventually put its fiscal house in order.
Austerity measures and bold economic reforms led to the country's lowest inflation rate in over four years.
With inflation risks persisting and entitlement spending surging, the situation cannot be ignored. But we never should have gotten to this point to begin with.
Nobel-winning economist Vernon Smith says the 39th president radically improved air travel, freight rail, and trucking in ways that still benefit us immensely.
The libertarian case for the late Jimmy Carter.
Despite campaigning against Donald Trump's tariff hikes, Biden left many of them in place.
Unleashing such force on a broad scale will not result in precise, humane, and just results.
The Federal Trade Commission's antitrust action does not benefit grocery shoppers.
There's a good reason Biden eventually stopped saying Bidenomics. Americans didn't like the results of his economic policies.
Reason visited Argentina to find out if Javier Milei's reforms are working.
Economics likely spelled doom for Harris, but extreme ideology sealed her party’s fate.
Easily accessible student loans give colleges an incentive to raise tuition.
Even before the pandemic spending increase, the budget deficit was approaching $1 trillion. The GOP has the chance to embrace fiscal sanity this time if they can find the political will.
Elections are decided by how people feel, and lots of Americans still feel pretty grumpy about how much it costs to go to the grocery store these days.
Voters say they want to "stop the madness." Expect the madness to continue.
These two candidates can't even be trusted to explain their own ideas.
I've long warned about the dangers of voter ignorance. But the Trump era and the current election reveal that, on one crucial point, I was actually too optimistic.
There's no evidence that greed is causing inflation.
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