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.
Money
Republicans' and Democrats' Refusal To Reform Social Security and Medicare Is Political Malpractice
In 10 years, the programs' funds will be insolvent. Over the next 30 years, they will run a $116 trillion shortfall.
Debate: Bitcoin Is the Future of Free Exchange
Where am I supposed to spend my cryptocurrency?
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.
Arizona Returns $39,000 Seized From Man at Phoenix Airport Through Civil Asset Forfeiture
Police detectives accused Jerry Johnson of being a drug trafficker and seized cash he says he intended to use to buy a semitruck at auction. He was never charged with a crime.
College Administrators Hate Fun
Unfortunately, it doesn't seem like the recent trend of rising administrative bloat is going to reverse anytime soon.
Of Course, the Trump Indictment Is Political
Plus: A listener asks the editors if the nation is indeed unraveling or if she is just one of "The Olds" now.
New Regulations Won't Stop the Next Bank Collapse
Plus: Another campus free speech debacle, foreign cheese groups lose Gruyere trademark case, and more...
Yes, There Are Libertarians During Bank Runs
Plus: The editors recommend the best books for sparking interest in free market principles.
How the Fed Broke Silicon Valley Bank
The Fed's anti-inflation measures had to hurt someone.
Everyone Is Learning the Wrong Lessons From the Silicon Valley Bank Collapse
Plus: Fox News troubles, junk statistics about illicit economies, and more...
The Jones Act Is Driving Up Prices and Making Crises Worse
The legislation, which forbids shipping anything between American ports in ships that are not U.S. built and crewed, is just another a special deal that one industry has scammed out of Congress.
Social Security and Medicare Cuts Are Coming, Whether Politicians Do It or Not
As legislators refuse to act, benefits will be cut without any possibility of sheltering those seniors who are poor.
IRS Plans To Raid Workers' Tip Jars
A coming crackdown on $1.6 billion in unreported tips will continue the IRS' long and ugly history of targeting low-income Americans.
Should We Abolish the Federal Reserve?
Economists Lawrence H. White and Frederic Mishkin debate whether the Federal Reserve should be replaced with free market institutions.
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.
How Venture Capital Made the Future
Sebastian Mallaby's The Power Law explores how venture capital and public policy helped shape modern technology.
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.
Charity and Capitalism Are Better Than Government
When I was young, I assumed government would lift people out of poverty. But those policies often do more harm than good.
Subsidies To Help Workers Would Hurt Poor People
Some people would benefit. Others would lose money or be rendered unemployable.
FTX's Sam Bankman-Fried Used Customer Assets to Fund Political Donations, Says SEC
Plus: moral panic about department stores, the obvious cause of homelessness, and more...
Did Sam Bankman-Fried's Millions Buy the Media's Loyalty?
The mainstream coverage of SBF and FTX is more than a little blasé.
Bankrupt Crypto Exchange FTX Under Investigation
Plus: Democrats retain control of Senate, RIP Sharon Presley and Martin Wooster, and more...
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.
Netflix Teams Up With the Obamas To Produce Big Government Propaganda
The G Word, a new documentary, only occasionally covers serious issues. But it opts not to do honest reporting.
PayPal Says It Won't Fine Users $2,500 for Misinformation, but It Will Fine Them for 'Intolerance'
"Sounds like a good reason to think twice about using PayPal," writes Eugene Volokh.
Here's What the Media Get Wrong About Hurricanes
No, a big storm does not require big government.
Biden-Backed DISCLOSE Act Would Dox Donors to Groups That Run Political Ads
Plus: Student drag shows are protected speech, a bank CEO rebuffs Rep. Rashida Tlaib, and more...
The British Monarchy Is Better for Taxpayers Than You Might Think
What would happen to the U.K. balance sheet if the monarchy were retired?
California Plows Ahead With Providing Free Money To Mitigate Inflation
The state's $9.5 billion Better for Families program will provide checks of up to $1,050 to state residents to stem the rising costs of living.
'I Have My Own Life': The Case for Legalizing Sex Work
It would be far easier to prosecute sex trafficking if voluntary sex work were legal.
Americans Spent More on Taxes Last Year Than on Food, Health Care, Education, and Clothing Combined
Plus: The Virginia Libertarian Party dissolves, San Franciso decriminalizes psychedelic plants, and more...
Will Bitcoin Demonetize Gold?
Monetary Metals CEO Keith Weiner defends the future of gold against bitcoin podcaster Pierre Rochard.
IRS Controversially Claims Hiring 87,000 New Agents Won't Mean Higher Audit Rate for the Middle Class
So why do Democrats keep equivocating on the point that households making under $400,000 may be targeted for more audits by an expanded IRS?
Robert Breedlove: 'Just Follow the Energy' on Bitcoin, Not the Price
The self-described freedom maximalist explains why he isn't put off bitcoin by its decline since last November.
Has Inflation Peaked?
The Federal Reserve started the problem, and consumers are paying for the consequences.
Politicians Cause Real Pain With Inflationary Policies
Inflation damages the economy while doing the greatest harm to the most vulnerable.
Fed Report Shows Who's Actually Using Crypto and How
Millions of lower-income or unbanked people are more likely to use cryptocurrency as a payment method.
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?
Getting Paid in Bitcoin
Unfortunately, an automatic crypto purchase made with after-tax earnings won't lower your taxable income.
Billionaire Michael Saylor Believes in Bitcoin More Than Ever
Despite bitcoin's steep slide, the CEO of MicroStrategy is bullish on its mass adoption.
Gwyneth Paltrow's Gemstone-Encrusted Alpaca Wool Diaper Is…a Tax Protest?
"If treating diapers like a luxury makes you mad, so should taxing them like a luxury," said Paltrow.
Will Bitcoin Billionaire Investor Michael Saylor End up at McDonald's?
The MicroStrategy CEO and biggest corporate owner of bitcoin is HODLING for the long haul, come bull or bear market.
Why Are the Feds So Mad About Bitcoin Retirement Investing?
The Department of Labor and Sen. Elizabeth Warren have strong opinions about Fidelity’s new 401K option
