New Inflation Numbers Keep Economic Concerns Front and Center
The eroding value of the dollar inflicts pain, and Americans resent politicians who cause it.
The eroding value of the dollar inflicts pain, and Americans resent politicians who cause it.
Plus: Chinese border-crossers, gender transitions for kids, the politics of raw milk, and more...
Shrinkflation is just inflation by another name, and two other facts to keep in mind during tonight's State of the Union address.
Despite the popular narrative, Millennials have dramatically more wealth than Gen Xers had at the same age, and incomes continue to grow with each new generation.
A new economic paper explains why interest rates are the missing piece to understanding why people are unhappy about a seemingly strong economy.
Plus: Migrant resettlement, Tom Cotton op-ed scandal, oppressors-in-training, and more...
The policy is a true budget buster and is ineffective in the long term.
The Reason Sindex tracks the price of vice: smoking, drinking, snacking, traveling, and more.
The president criticized companies for selling "smaller-than-usual products" whose "price stays the same." But it was his and his predecessor's spending policies that caused the underlying issue.
Biden's economic policies gave us three years of excessive, wasteful, and poorly targeted federal spending.
The White House should stop taking policy and messaging tips from Elizabeth Warren.
The Massachusetts senator blames corporate greed for price increases that were caused by inflationary federal spending she supported.
Plus: A listener asks if it should become the norm for all news outlets to require journalists to disclose their voting records.
Biden's economic policies gave us three years of excessive, wasteful, and poorly targeted federal spending.
The reality raises questions about the kind of future we want to leave for the next generation.
The Biden administration's antitrust policy depends too much on the dubious belief that industrial concentration leads to higher prices.
Plus: Chatbots vs. suicidal ideation, Margot Robbie vs. the patriarchy, New York City vs. parents, and more...
They will either reduce the ability to spend money or to cut taxes.
The rising prices throughout much of the economy make it a little easier to appreciate the things that seem to be inflation-proof, like video games.
Lawmakers can take small steps that are uncontroversial and bipartisan to jumpstart the fiscal stability process.
In today's innovative economy, there's no excuse for sending a gift card. The staff at Reason is here with some inspiration.
Should a federal government that is nearly $34 trillion in debt and can't manage basic operations be micromanaging fast-food business purchases?
The president touted the lower annualized inflation rate but blamed the companies themselves for higher prices, rather than government policies.
Higher prices created by a $20 minimum wage for burger joints will lead to fewer customers, reduced profits, fewer restaurants, and a loss of jobs.
Who needs better prices, products, and customer service?
The Copenhagen Consensus has long championed a cost-benefit approach for addressing the world's most critical environmental problems.
Higher rates lead to more debt, and more debt begets higher rates, and on and on. Get the picture?
Especially because the once-dismissed possibility of rising rates is now a reality.
The Federal Reserve's higher interest rates were supposed to trigger changes to fiscal policy. So far, that hasn't happened.
The Reason Sindex tracks the price of vice: smoking, drinking, snacking, traveling, and more.
Those sounding the loudest alarms about possible shutdowns are largely silent when Congress ignores its own budgetary rules. All that seems to matter is that government is metaphorically funded.
Plus: DeSantis campaign on life support, Biden climate corps seeks to waste your money, implanting chips into brains, and more…
The big spending has fueled higher inflation, resulted in larger-than-projected deficits, and contributed to a record level of debt.
When theories fail and economic rules reassert themselves, it’s human beings who feel pain.
Overall inflation rose 0.6 percent in August leading to an annualized rate of 3.7 percent.
Legislators abuse the emergency label to push through spending that would otherwise violate budget constraints.
Plus: Libertarian lessons in the wake of the Maui wildfires
Progressives like Sens. Elizabeth Warren and Bernie Sanders typically blame corporate greed for higher prices. When prices go down, does this mean they should credit corporate benevolence?
Thankfully, you don't need fancy dining halls or a college degree to have a good life or get a good job.
Javier Milei’s coalition, Liberty Moves Forward, advances to the first stage of the October general election.
The Labor Department is officially undoing changes made to help combat inflation in the 1980s.
Though an improvement over his obsession with wokeness and culture wars, DeSantis can't seem to ditch the populist demagoguery.
"Government in general does a lot of things that aren't necessary," says Jared Polis.
Plus: Does Tom Cruise really do all of his own stunts?
It's a familiar program. And it will result in higher prices, slower growth, and fewer jobs.
At a minimum, the national debt should be smaller than the size of the economy. A committed president just might be able to deliver.