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.
Monetary Policy
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.”
Trump's (Un)strategic Crypto Reserve
If the government wants to encourage cryptocurrency innovation, "buying coins is actually a pretty lousy way of doing that," says one economist.
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.
If You Support the Right To Own and Trade Bitcoin, Support Reason!
We’ve been making the case for stateless money and financial freedom since Day One. Donations are being matched today!
What's the Sahm Rule? Alarming Jobs Report Raises Recession Risk.
A key indicator has predicted every recession since 1970, and the alarm just sounded.
The Dark Side of Alexander Hamilton
The first treasury secretary's plans would have created cartels that mainly benefited the wealthy at the expense of small competitors.
Australians Abandon Physical Cash and the Freedom It Protects
Digital payments are easy to use, but also to monitor and block.
Brace for Big Tax Hikes in 2026 Unless Congress Acts
The Tax Cuts and Jobs Act expires at the end of 2025, with a high price tag for most Americans.
Say No to This: America's Fiscal Norms Are in Decline
Despite their informal nature, those norms have historically constrained U.S. fiscal policy. But they're eroding.
With Rising Debt, the U.S. Federal Government Is in Bad Company
Governments around the world have been on a borrowing spree, and prosperity has suffered.
The 'Vibescession' Will Continue Until Interest Rates Fall
A new economic paper explains why interest rates are the missing piece to understanding why people are unhappy about a seemingly strong economy.
The World Could Soon Have Its First Trillionaire. Good!
A new report brings remarkable economic illiteracy to its focus on poverty and inequality.
Inflation Won't Go Away Until Congress Gets the Deficit Under Control
The Federal Reserve's higher interest rates were supposed to trigger changes to fiscal policy. So far, that hasn't happened.
Inflation Jump Highlights Biden's Vulnerability on Energy
When theories fail and economic rules reassert themselves, it’s human beings who feel pain.
Caitlin Long on Why Politics Should Stay Out of Banking
The founder of Custodia Bank discusses the future of bitcoin and banking.
Bitcoin's Greatest Test
The FTX meltdown, "Operation Chokepoint 2.0," and a "crypto winter" have only strengthened the resolve of the enthusiasts Reason spoke with at the annual National Bitcoin Conference in Miami.
The Fed Won't Save Us From the Inflation Iceberg
Plus: Was Gerald Ford right to pardon Richard Nixon?
Inflation Ticks Higher in April as Rents Keep Rising
Is this the new normal, and will Joe Biden pay a political price for it?
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.
Apocalypse Tomorrow: Trump's Looming Indictment
Plus: the terrible case for pausing A.I. innovation
Balaji's Bet: Bitcoin Hits $1 Million in 90 Days. Live With Balaji Srinivasan, Lawrence White, and Zach Weissmueller
Join Reason on YouTube and Facebook Thursday at 1 p.m. Eastern for a discussion about bank runs, the Fed, and bitcoin.
A Thursday Bonus Reason Roundtable! Live From Reason Weekend in California
Plus: did the editors sing Happy Birthday to Adam Smith?
A Thursday Bonus Reason Roundtable! Live From Reason Weekend in California
Plus: did the editors sing Happy Birthday to Adam Smith?
COVID Stimulus Spending Played 'Sizable Role' in Inflation
Fiscal stimulus during the pandemic contributed to an increase in inflation of about 2.6 percentage points.
End the Fed? A Soho Forum Debate
Economists Lawrence H. White and Frederic Mishkin debate whether the Federal Reserve should be replaced with free market institutions.
How the Fed Redistributed Wealth and Encouraged Reckless Corporate Behavior
The Lords of Easy Money argues that the Fed created an economy with nearly irresistible incentives for foolish choices.
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.
Libertarian Radio Host Ian Freeman Convicted for Helping People Buy Bitcoin
Freeman, an early adopter of the virtual currency, gets slammed by a state that can't tolerate any use of money without its permission and knowledge.
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.
Don't Bet on Inflation Going Away Soon
"The history of developed countries since 1970 is very discouraging about the prospects of bringing down 8 percent inflation," says Larry Summers.
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.
Here's Why Biden Is Wrong About the Deficit
His administration has expanded deficits by $400 billion more than expected, even before we count recent spending.
Latest Inflation Numbers Show That Rent Is Too Damn High
The cost of shelter was up 0.7 percent in August and 6.2 percent for the year, according to the latest Consumer Price Index report.
Gold vs. Bitcoin: A Soho Forum Debate
Monetary Metals CEO Keith Weiner defends the future of gold against bitcoin podcaster Pierre Rochard.
What the Hell Just Happened With Crypto?
Last week, the price of bitcoin fell to lows not seen since 2020 while a prominent stablecoin collapsed. Does this mean it was all a Ponzi scheme?
Inflation Still Soaring at 8.3 Percent as Food, Housing, and Services Keep Getting More Expensive
Gas prices fell in April, dragging the month's average price increases down to 0.3 percent after March's staggering climb.
Is High Inflation the New Normal?
With inflation running above 7 percent, we are experiencing the strongest price pressures in nearly 40 years.
Thank the Government for the High Price of Holiday Meals
But also be thankful that Americans have been spared the worst of soaring food costs.
The Hidden History of the Trillion Dollar Coin
Friday A/V Club: In 1992, it was a paramilitary America Firster who wanted to #MintTheCoin.
Cryptocurrency Fight Holds Up Infrastructure Bill
For now, the side that wants less cryptocurrency regulation and taxation lost.
Good Economic Policy Is About More Than Inflation
Monetary policy can't work optimally until we free up the economy in other important ways.
Is Inflation Back for Good?
Prices are up all over the economy. Here are scenarios about what might happen next.
The Fed's Digital Dollar Would Be 'Nightmareville' for Privacy
Chairman Jerome Powell says the Fed will look into the "benefits and risks" of a digital dollar.
The Real Inflation Risk Is Political
The short-term inflation outlook isn't as grim as it looks, but the long-term situation could be awful
Does National Debt Still Matter? America's Greatest Gamble
Fiscal hawks have been sounding the alarm about rising debt levels for decades, but their nightmare scenario of runaway inflation hasn't come to pass. How do we know if this time is different?
