Money
Don't Forget To Claim Drug Dealing Income on Your Taxes
According to IRS guidance, any income derived from illegal activity is taxable, and there's no statute of limitations on when they can go after you.
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.
Most Americans Aren't Buying Biden's Misleading Narrative That the Economy Is Getting Better
The question of how best to measure inflation has no single and straightforward answer, but most people know that the president's economic claims aren't true.
Squatters Invaded His Mom's House—so He Fought Back
Thanks to "squatters' rights" laws, evicting a squatter can be so expensive and cumbersome that some people simply walk away from their homes.
How 1990s Libertarians Laid the Groundwork for Cryptocurrency
Economist Friedrich Hayek inspired an early foray into electronic cash.
A Bipartisan Tax Hike Won't Fix This Deficit
The government needs to cut back on spending—and on the promises to special interests that fuel the spending.
Congress Continues To Make the Tax Code Ridiculously Hard To Understand
I shouldn't have to spend so much money on an accountant every year. But I don't really have a choice.
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.
On Taxes and Economic Freedom, Canadians Have It Worse Than Americans
Liberty to engage in voluntary transactions and keep our wealth varies across North America.
Expanding the Child Tax Credit Would Perpetuate Systemic Poverty
The policy is a true budget buster and is ineffective in the long term.
Goodbye, Navalny
Plus: A listener asks if the editors have criteria for what constitutes a good law.
Prosecutor Fani Willis Touts the Value of Cash, but What About the Rest of Us?
Unfortunately, Willis’s Fulton County includes assets seized from non-prosecutors in its budget.
Review: Netflix's Real-Life Spinoff Can't Recreate Squid Game's Allure
In Squid Game: The Challenge, contestants don't really risk their lives.
Bureaucrats Are Moving To Cap Bank Overdraft Fees, Which Will Hurt the People It's Meant To Help
Many who see overdraft protection as preferable to other short-term credit options will have fewer choices as some banks decide the service isn't worth offering anymore.
Politicians Need To Stop Pretending the National Debt Is Sustainable
The reality raises questions about the kind of future we want to leave for the next generation.
The World Could Soon Have Its First Trillionaire. Good!
A new report brings remarkable economic illiteracy to its focus on poverty and inequality.
On Economic Issues, the Populist Right and Left Share a Lot of Common Ground
That's bad news for Americans.
The FAFSA 'Soft Launch' Was a Confusing, Glitchy Disaster
While the new version of the financial aid form was supposed to simplify the process, it has instead been riddled with technical problems and considerable delays.
3 Economic Myths That Need To Die
As we step into 2024, it's crucial to adopt a more informed perspective on these dubious claims.
Here's Why Charity Is Better at Solving Problems Than Government
Big government has been ruinous for millions of people. Charities aren't perfect, but they are much more efficient and effective.
All I Want for Christmas Is for Congress To Exercise Fiscal Restraint
Lawmakers can take small steps that are uncontroversial and bipartisan to jumpstart the fiscal stability process.
The Media's Misleading Fearmongering Over Climate Change
"Over the last 20 years, because of temperature rises, we have seen about 116,000 more people die from heat. But 283,000 fewer people die from cold."
Wow—You People Just Helped Us Blast Through Our Webathon Goal of $400,000!
Your support for Free Minds and Free Markets is nearing record territory.
He Wants To Label Food 'Low FODMAP.' The Government Won't Let Him.
Lots of Americans have an intolerance to FODMAPs—the sugars prevalent in garlic, onion, and many other foods.
The U.S. Needs a Fiscal Commission Because Congress Won't Do Its Job
In the last 50 years, when the budget process has been in place, Congress has managed only four times to pass a budget on time.
Lyn Alden: Our Money Is Broken
"At its core, money is a ledger," writes the investment analyst in her new book, Broken Money.
Spending Recklessly in Good Times Is a Recipe for Disaster in Bad Times
Years ago, when interest rates were low, calls for the federal government to exercise fiscal restraint were dismissed. That was unwise.
Is Our Money Broken?
Join Reason on YouTube and Facebook at 1 p.m. Eastern for a discussion with Lyn Alden about her new book, Broken Money.
Capitalism Made Us All Richer. So Why Are We Unhappy?
A Q&A with Johan Norberg, author of the book Elon Musk calls "an excellent explanation of why capitalism is not just successful, but morally right."
Democrats Say They're Fighting Inequality. But Many of Their Policies Favor the Rich.
Over the last several years, they have worked nonstop to ease the tax burden of their high-income constituents.
'America Funded It': Rand Paul Blasts Fauci and the Media for Suppressing the Lab Leak Theory
The notion that COVID-19 came from a lab was once touted as misinformation. But now the FBI, the Energy Department, and others agree with Paul.
Americans Learned a Lesson About Interest Rates. Washington Has Not.
Higher rates lead to more debt, and more debt begets higher rates, and on and on. Get the picture?
California Environmental Regulations Are Driving Truckers Out of Pennsylvania
The Golden State's new rules—which Pennsylvania's Environmental Quality Board opted to copy—will increase the cost of a new truck by about one-third.
No, Low Interest Rates Did Not Justify Adding Trillions of Dollars to the National Debt
Especially because the once-dismissed possibility of rising rates is now a reality.
The Federal Government Spent $3.3 Billion on Office Furniture as Employees Worked From Home
The Department of Defense spent $1.2 billion on furniture between 2020 and 2022, although it only uses 23 percent of its office space.
The Real Scandal in Washington Is the Government's Reckless Spending
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.
This Law Will Kill Opportunities for Pregnant Workers
"These policies are motivated by good intentions. But that doesn't mean that the consequences of these policies will turn out well."
'Bidenomics' Is Failing Everyday Americans
The big spending has fueled higher inflation, resulted in larger-than-projected deficits, and contributed to a record level of debt.
Congress Is Still Using 'Emergency Spending' on Non-Emergencies
Since Congress won't cut spending, an independent commission may be the only way to rein in the debt.
Five Years Later, Philadelphia's Soda Tax Is Falling Flat
The city wanted to bring in more money, in part for early childhood education. But such taxes are disproportionately paid by the poor.
The Federal Government Is Trying To Shut Down Decentralized Finance
The Commodities Futures Trading Commission announces charges and settlements with three companies that may mean very bad news for all DeFi operations doing business with U.S. citizens.
Politicians Say They Want To Fight Climate Change. So Why Are They Fighting China on Electric Vehicles?
Rather than posing a national security threat, the growth of China's E.V. industry is an opportunity for global innovation.
China Is No Economic Model for America
The country's current struggles show the problems of the Beijing way—and make the case for freedom.
Politicians Continue To Make a Mockery of 'Emergency Spending'
Legislators abuse the emergency label to push through spending that would otherwise violate budget constraints.
The Biden Administration's Antitrust Changes Would Be Great for Bureaucrats—and Bad for Consumers
The guidelines would ignore decades of academic findings about how firm concentration can have a positive impact on consumers' welfare.
