CBP Paid a Contractor $13.6 Million to Hire 2 Agents
$13.6 million might be a drop in the bucket. But this is still incredibly wasteful.
Money
Debate: Should the Government Get Rid of Cash and Restrict Cryptocurrenices?
The next Reason/Soho Forum debate takes place in New York on December 3 and features Harvard's Ken Rogoff and GMU's Larry White.
No Matter Who Takes Home a Record Lottery Prize, the Government Always Wins
The Mega Millions jackpot has reached an astounding $1.6 billion. You and I probably won't win, but the government definitely will.
Last Column From Khashoggi Warns About State-Spread Fake News. Americans Should Take Note: Reason Roundup
Plus: Rep. Amash moves to limit weapons sales to Saudis while evangelical leaders defend them.
Pew Map Shows One Reason a National $15 Minimum Wage Won't Work
The value of $15 varies greatly across the country and even within the same states.
Health Insurance Deductibles Up 212 Percent Since 2008: Reason Roundup
Plus: Kavanaugh confirmation is official and child care tax credits backfire.
Donald Trump: Making America Economically Literate Again
Thank you for the lesson, Mr. President!
Alexandria Ocasio-Cortez Won't Say How She'll Pay for $40 Trillion Platform
CNN's Jake Tapper kept asking the socialist candidate where the money would come from. Eventually, he gave up.
DHS Gave ICE an Extra $169 Million to Detain and Remove Immigrants Last Month
Nearly $10 million was redirected from FEMA.
Is Bank of America Really Cracking Down on Undocumented Immigrants?
Has the bank joined the immigration crackdown, or is this just a case of bad customer service?
Trump Remembers Budget Deficit, Announces Federal Pay Freeze
The federal government has run up a deficit of $684 billion this year. The CBO predicts that number will exceed $1 trillion in 2019.
The $1.7 Billion Federal Job Training Program Is a Massive Failure
The program's goals might be admirable, but the reality is a whole different story.
Trump's Campaign Finance Catch-22
Is hush money to a politician's mistress "for the purpose of influencing an election" or "personal use"?
Ex-Librarian Sentenced to Write a Book Report (in Jail) After Spending $89,000 in Public Funds on Game of War
Adam Winger used city credit cards to buy hundreds of gift cards, which he then used for in-app purchases.
West Virginia's Entire Supreme Court Just Got Impeached
The four justices allegedly spent more than $1 million in taxpayer funds on office renovations.
Can Bitcoin Become the Global Monetary Standard?
With its supply permanently capped at 21 million units, Satoshi Nakamoto's invention may turn out to be the best form of money ever conceived.
Fed Chair: Cryptocurrency Investors Are 'Unsophisticated'
Chairman Jerome Powell says they are putting their money in risky, unbacked investments built on reckless speculation.
Taxpayers Spent Nearly $250,000 on the Trump Sons' Business Trips
The costs incurred by the Secret Service to protect President Trump's two oldest sons is astounding.
Venezuela Relaxes Rules for Expats Sending Desperately Needed Money Home to Their Families
The country has liberalized one aspect of the disastrous capital controls established by Hugo Chavez in 2003.
Australia Attempts to Fight Tobacco Black Markets by Banning Large Cash Transactions
This will hurt innocent people. It may harm legal businesses. And it won't actually work.
Universal Basic Income Proposal Still Fails to Pass Libertarian Scrutiny
We don't need UBI to enable people to tell bosses to take the job and shove it.
Does Fractional Reserve Banking Endanger the Economy? A Debate
Texas Tech University's Robert Murphy vs. Cato's George Selgin at the Soho Forum
Backpage Plea to Texas Sex Trafficking Charge Turns On CEO's Admission to Brokering Adult Prostitution
Backpage CEO Carl Ferrer turned over the company and seven other executives in exchange for leniency.
Governments Hate Bitcoin and Cash for the Same Reason: They Protect People's Privacy.
Officials want to track every financial transaction you make, and they see cryptocurrencies and cash alike as barriers to achieving that goal.
Bitcoin Sends Elite Economists Into Glorious Fits of Confusion
Joseph Stiglitz is the George Costanza of economists: Every instinct he has, do the opposite.
Yulia Tymoshenko Warned Us About Paul Manafort Years Ago
Why didn't the Obama administration do anything?
Silicon Valley Startup Lets Users Move Money Without Government Interference By Turning Their Phones Into Stand-Alone Banks [Reason Podcast]
Q&A with Abra founder and CEO Bill Barhydt on bitcoin as "regulatory arbitrage."
Governments Trash Cash, Making Alternative 'Money' More Attractive
Bitcoin, gold, and other unofficial means of exchange get free marketing from idiotic officials.
Cash Means Freedom, Which Is Why So Many Officials Hate It
Opponents and proponents of folding money agree that the stuff protects you from the state-but they differ about the value of that protection.
Florida Judge Says Bitcoin Not Money, Selling it Can't Make You Violate a Money Transmitter Statute
Also throws out money laundering charges against Miami man Michell Espinoza, who was arrested for selling bitcoin to a cop.
'Labor Unions Now Play a Particularly Boutique Role in the Economy'
The future economy is going to be self-managed, says former SEIU leader Andy Stern. Get out of its way-but give us a universal basic income.
Are Members of Congress Too Rich?
For the first time, most members in the U.S. Congress are millionaires.
Great News! Harriet Tubman Will Replace Andrew Jackson on the Front of the $20 Bill
Alexander Hamilton, meanwhile, will stay on the $10 note.
Virtually No Gender Pay Gap at Amazon
Female employees at Amazon earn 99.9 cents for every dollar men in the same positions make.
NCAA Exploits its Players, But Who Doesn't Love Some March Madness Bracketology?
College basketball's tournament is compelling, but ethically compromised.
The Real Power of Cash Is Its Anonymity
Getting rid of the $100 bill is one more trim on our freedom to be left alone.
If You Don't Need Those Big Bills, You Probably Don't Need Cash At All. Do You, Now?
Harvard and other elites take aim at any possibility of financial privacy in the name of curbing criminals flashing their big cash.
Bitcoin Isn't Dead—But It Is Threatened by Tech Infighting
The cryptocurrency's crucial censorship-resistant property is not stewarded as cautiously as it should be by those in the Bitcoin community.
Who Is Satoshi Nakamoto?
And does the identity of Bitcoin's creator really matter for the future of this 'fatherless' cryptocurrency?
Bringing Biohacking to the Masses Is Latest Aim of Andreessen Horowitz
The savvy venture capitalists at Andreessen Horowitz are now banking on "smart drug" startup Nootrobox.
Boston to Spend $1.5 Million Encouraging Ladies to 'Lean In' At Work
"America's largest civic experiment to close the gender wage gap" is launching in Boston. It won't work.
Why Presidential Candidates From Both Parties Are Wrong About Community Banks
Plenty of Americans prefer the convenience of banking somewhere large.
Citigroup Executive Reviews Book on the Federal Reserve
An executive whose bank faltered while he was highly compensated reviews a book on the Fed for the New York Times.
The Case For Back-Room Deals, Party Hacks & Unlimited Money in Politics
Jonathan Rauch's Political Realism argues that libertarians should embrace "transactional politics" if they want big changes.
Millions of Americans Who Avoid Banks Offer a Peek at the Underground Economy
Much of the country buys, sells, and makes a living outside official scrutiny
Bitcoin: Great Libertarian Hope or Already Co-opted By Wall Street Banks?
Q&A with Nathaniel Popper on his new book, Digital Gold.
