$20,000,000,000,000 in Debt and Rising
Now that Trump's made a deal with Democrats, our national debt is higher than ever.
Now that Trump's made a deal with Democrats, our national debt is higher than ever.
Join us as we explore the enormity of our fiscal black hole, which now surpasses $20 trillion.
Reason editors discuss the debt ceiling, Hurricane Irma, and the 9/11 anniversary.
The president and congressional Democrats just worked together on a bad debt ceiling and budget deal.
Outlawing cheap labor comes with a lot of disastrous consequences.
The ultimatum game, the double thank-you, and the politics of global commerce
So-called price gouging helps send important signals to buyers and sellers.
More people are working in the gig economy than ever before, but the current tax code punishes Uber drivers and Airbnb hosts. Here's how Congress can fix that.
Whether automation produces net job losses depends on the relative sizes of its job-creation and job-destruction effects.
Politicians have cultivated economic illiteracy to make their pursuit of power easier.
Starvation won't turn Cubans into capitalists. Trade and tourism might.
"Project labor agreements" requiring union contracts on most government work are spreading in California.
Miami-Dade County spent more than $9 million over the past three years so county workers could do 300,000 hours of work for the benefit of public sector unions.
Despite the selective outrage from media and politicians, St. Louis workers will be better off without a higher minimum wage.
The NLRB's "arbitrary and capricious" decision-making no longer represents the interests of the public. It's been politicized to the point of no return.
Glassman talked about conscious capitalism and how he harnesses the power of markets and community in an interview with 60 Minutes.
Plenty of GOP members would rather put Barack Obama on Mount Rushmore than underwrite this addled project.
American protectionism has repeatedly failed as an economic strategy.
Antiglobalism and anticosmopolitanism might flow purely from economic ignorance, but it is hard to believe that's all it is for many people.
Obama was not the friend CEOs think the president of the U.S. should be. But in Trump, they're finding out what it's like to have a real enemy.
The Department of Justice says it's shutting down the dragnet program that targeted porn makers, payday lenders, gun shops, and other small businesses.
Also: GOP Congress should fix health care, taxes, and easy money.
The overreaction to critiques of diversity methods ramps up the culture war unnecessarily.
Erik Prince's plan may be better than the status quo, but that doesn't mean it's the best path.
History suggests that if the government chokes off the supply of foreign labor, American workers won't step in to reap rewards.
Economist Deirdre McCloskey explains the roots of "The Great Enrichment" of the last 200 years.
If we Americans value freedom, we will dismiss the social engineers, open the borders, and liberate ourselves.
Michael Munger on the radicalism of public-choice economics, the failure of Democracy in Chains, and how the libertarian movement needs to evolve.
There are 20 trillion reasons we should rein in government spending.
Proponents of government spending warned of a budget full of cuts, but that's not what happened.
People are people whether they are acting in the marketplace or in the political arena.
The bill would drive up struggling counties' costs of providing such services.
Next year U.S. oil production will exceed its 1970 peak.
How flag-waving nationalism provides cover for a destructive economic policy.
Millennials may have mixed views of capitalism, but they hold socialism in even lower regard.
America returns to its roots, thanks to philanthropists who are literally shooting for the stars.
Portraits from the world's largest annual gathering of libertarians.
Many of the homes were taken through likely unconstitutional tax foreclosures.
Democracy in Chains mangles the facts beyond recognition. But the book still has something to teach us.
Why does New York City hate puppies?
The comprehensive report from the Office of the Inspector General is unlikely to have much follow up.
The Democratic gubernatorial candidate in Virginia unveiled a plan for economic growth in the rural parts of the state.
The Humane Society even opposes artificial rhino horn, which would lower demand for poachers' fare.
Strictly speaking, it's not markets that can and should be free-it's people.
Unions try to use good years to deflect attention from a growing problem.
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