Reason Earns 15 Southern California Journalism Awards
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.
Inflation
Tariffs Are Keeping Interest Rates High
The Federal Reserve is unwilling to lower interest rates because "there will be some inflation from tariffs coming," Jerome Powell told a Senate committee.
Obama Adviser Jason Furman on Biden, Neoliberalism, and Keynesian Economics
"I would love an intellectual ecosystem in economics that was more ideologically balanced than what we have now," the Harvard professor tells Reason.
How Trump's Tariffs and Immigration Policies Could Make Housing Even More Expensive
Out-of-control housing costs helped Trump win the 2024 election. Is he about to make the problem worse?
Reason Nominated for 17 Southern California Journalism Awards
Nominees include stories on inflation breaking brains, America's first drug war, Afghans the U.S. left behind, Javier Milei, and much more.
Trump Wants Lower Interest Rates. The Market Disagrees.
Even if the Fed tried to cut rates, inflation, investor reluctance, and a $25 trillion borrowing spree could keep them elevated for years.
IMF Report: Trump Trade War Will Hurt Both U.S. and Global Economies
Predictions for U.S. and global economic growth are down since January.
Trump Rages at the Fed Over Interest Rates
According to the president, the U.S. economy will begin to slow down unless the Fed “lowers interest rates, NOW.”
Tariffs Failed in the Middle East—America Shouldn't Make the Same Mistake
Protectionism in Egypt and Iraq fueled corruption, stagnation, and smuggling—not prosperity.
Argentina Strikes $20 Billion Deal With IMF To Fuel Milei's Reforms
The IMF says the deal builds on "impressive early progress in stabilizing the economy."
The Eggdex: Price of Eggs Up More Than 100 Percent in the Past 5 Years
Tracking the price of eggs, beef, chicken, and more
Javier Milei's Free Market Reforms Are Starting To Pay Off
As poverty and inflation plunge, Milei's reforms begin to reshape Argentina's economy.
Phil Magness: The Problem With Trumponomics
Economic historian Phil Magness on the real history of tariffs and why Trump is so wrong about them.
Betting Makes March Madness Better
Plus: Why the selection committee did a good job, sports ticket prices are spiking, and more.
Are Cage-Free Laws To Blame for High Egg Prices?
State laws banning caged eggs are cutting off millions from cheaper options.
Trump Promised To Lower Prices. Will Congress Help Him Deliver?
At the current rate of inflation, the dollar will lose 33 cents of purchasing power within a decade.
The New Republican Budget Plan Is Unserious
It tries to offset as much as $4.8 trillion—mostly for tax cut extensions—with only $1.5 trillion in supposed spending reductions.
Trump May Have To Grapple with Returning Inflation
Cutting government spending and calling off the trade war would be steps in the right direction.
Javier Milei Promised To Take a 'Chainsaw' to Argentina's Government. It's Working.
Inflation and rent prices are down, and the country has a budget surplus.
Like Biden, Trump Does Not Control the Price of Eggs
Though he promised to lower costs on Day 1, Trump remains just as beholden to the laws of supply and demand as his predecessor.
Trump's Davos Speech: The Good, the Bad, and the Ugly
President Donald Trump doubled down on both domestic deregulation and protectionism in his speech to the World Economic Forum.
Trump's Orders Feature Nonexistent Emergencies, Illegal Power Grabs, and Blatant Inconsistencies
But at least he restored respect for a tariff-loving predecessor by renaming a mountain.
Keep Trump, and Every Other President, Out of the Fed
If a central bank has to exist, it has to be independent.
The Way Out of Our Inflation Mess
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.
Javier Milei Slashes Argentina's Inflation in Just 1 Year
Austerity measures and bold economic reforms led to the country's lowest inflation rate in over four years.
Will 2025 Be the Year of U.S. Fiscal Sanity?
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.
Jimmy Carter, 'The Great Deregulator,' 1924–2024
Nobel-winning economist Vernon Smith says the 39th president radically improved air travel, freight rail, and trucking in ways that still benefit us immensely.
RIP Jimmy Carter, the 'Passionless' President
The libertarian case for the late Jimmy Carter.
Joe Biden Once Understood Why Tariffs Are Bad. Then He Got Trade Policy Amnesia.
Despite campaigning against Donald Trump's tariff hikes, Biden left many of them in place.
Mass Deportations Are Bad for Everyone's Liberty
Unleashing such force on a broad scale will not result in precise, humane, and just results.
Kroger-Albertsons Merger Halted by the Federal Trade Commission
The Federal Trade Commission's antitrust action does not benefit grocery shoppers.
Bidenomics Goes Out With a Whimper
There's a good reason Biden eventually stopped saying Bidenomics. Americans didn't like the results of his economic policies.
Javier Milei: Madman? Or Savior?
Reason visited Argentina to find out if Javier Milei's reforms are working.
Democrats Did Themselves No Favors by Veering Hard to the Left
Economics likely spelled doom for Harris, but extreme ideology sealed her party’s fate.
Abolish Federal Student Loans
Easily accessible student loans give colleges an incentive to raise tuition.
Trump's First Term Wasn't Fiscally Responsible. Will His Second Be Different?
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.
The Inflation Election
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.
Bad Candidates Can't Fix Bad Politics
Voters say they want to "stop the madness." Expect the madness to continue.
America's Unserious Presidential Policy Agendas
These two candidates can't even be trusted to explain their own ideas.
Political Ignorance is an Even Worse Problem than I Thought
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.
The Misuse of Data Behind the 'Greedflation' Narrative
There's no evidence that greed is causing inflation.
The Sindex: Airfares Have Fallen Below Prepandemic Levels
The Reason Sindex tracks the price of vice: smoking, drinking, snacking, traveling, and more.
Neither Trump Nor Harris Wants To Drain the Swamp. They Want You To Join It.
Both candidates have promised a litany of special favors to handpicked constituencies. If you don't fit into the right categories, you'll pay the price.
Trump, Harris Ads Make Clear They Won't Be Cutting Government
Both candidates are making a final big government, populist pitch to undecided voters.
Reform Social Security for Those Who Need It Most
As it stands, the program effectively redistributes money from younger and poorer people to richer people.
Did Inflation Save Us From 'New Progressive Economics'?
Anti-market progressives dominate the Biden administration. Their policies also help discredit it.
Don't Expect a Return to the Trump Economy
If the former president wins the 2024 race, the circumstances he would inherit are far more challenging, and several of his policy ideas are destructive.
