Argentina, Once One of the Richest Countries, Is Now One of the Poorest. Javier Milei Could Help Fix That.
The new libertarian president believes in free markets and the rule of law. When people have those things, prosperity happens.
Economics
A New Pain Medication Could Reinforce the Disastrous Crackdown on Prescription Opioids
When the government is systematically interfering with medical decisions, a non-opioid alternative may not actually increase treatment options.
Nike Sued Him for Making 400 Pairs of a Reimagined Air Jordan 1
"How small do you have to be for Nike not to care?"
Debunking Antitrust Assumptions: More Concentration in an Industry Doesn't Necessarily Mean Higher Prices
The Biden administration's antitrust policy depends too much on the dubious belief that industrial concentration leads to higher prices.
Javier Milei vs. Big Labor
Milei's swift action intended to transform Argentina's floundering economy provoked the country's biggest labor union to call tens of thousands to protest in Buenos Aires against his libertarian agenda.
Politics Created the Border Crisis
Plus: A listener asks if libertarians are too obsessed with economic growth.
California Stopped San Francisco's $1.7 Million Toilet. The City Can't Build Something Cheaper.
"Why isn't there a toilet here? I just don't get it. Nobody does," one resident told The New York Times last week. "It's yet another example of the city that can't."
iRobot Lays Off 350 Employees as Amazon Kills Merger Elizabeth Warren Opposed
The robot vacuum company is based in Massachusetts, meaning some of the terminated employees are likely Warren's constituents.
Josh Hawley Thinks the White House Can Force an Aluminum Plant To Stay Open
Should there be any limits to a president's power to centrally plan the economy? Apparently not.
Study: If You Let People Buy Beer at Grocery Stores, the Liquor Stores Still Survive
Liquor store owners and store association lobbyists claimed that allowing alcohol sales on Sunday would negatively impact their livelihoods.
What Javier Milei Could Teach Democrats and Republicans About Capitalism
His speech in Davos challenged the growing worldwide trend of increased government involvement in economic affairs.
Guarantors of Poverty
Plus: Chatbots vs. suicidal ideation, Margot Robbie vs. the patriarchy, New York City vs. parents, and more...
The Government Is Better at Picking Losers Than Winners
It's taxpayers who lose when politicians give gifts, grants, and loans to private companies.
St. Louis Schools Lost $260 Million to Economic Development Subsidies
According to a report from Good Jobs First, St. Louis' public schools took the brunt of the loss at nearly 65 percent of the total.
The Best of Reason: Is ESG Already Over?
CEOs are beginning to wonder what to do when environmental, social, and governance factors are at odds with performance.
Massive Migrant Reduction
Plus: Deepfakes of Biden, complaints of Californians, filters for aircrafts, and more...
Filterworld Is a Confused Critique of Algorithms
It's Super Size Me for internet intellectuals.
Republican Presidential Nomination
DeSantis Down and Out
Plus: Javier Milei’s powerful speech on economic prosperity in Davos
Over 300,000 Ohioans Are Employed by Foreign Companies. Why Isn't J.D. Vance Outraged?
Companies based outside the United States employ 7.9 million Americans. Foreign investment isn't something to be feared or blocked, but welcomed.
New York Wants To Help More International Students Become Entrepreneurs
The plan will help provide “university-sponsored visas that allow them to continue performing and commercializing research without leaving the state.”
The Biden Administration Has Found a Way To Keep Forgiving Student Loans
Through changes to income-driven repayment plans, the Department of Education is set to enact debt relief for thousands of borrowers.
The World Could Soon Have Its First Trillionaire. Good!
A new report brings remarkable economic illiteracy to its focus on poverty and inequality.
Interest Rates Are High. GOP Presidential Candidates Need To Get Serious About It.
They will either reduce the ability to spend money or to cut taxes.
Javier Milei Tells World Leaders: 'The State Is Not the Solution'
Speaking at the Davos conference, the Argentine president said the key to prosperity lies in free market ideals and capitalism.
California's Attack on Gig Work Predictably Drove Workers Out of Jobs
Self-employment in California fell by 10.5 percent and overall employment tumbled by 4.4 percent after A.B. 5's implementation.
Tax Us, Daddy?
Plus: Polycules go mainstream, DeSantis pulls out, tackle football lives on, and more...
The Best of Reason: The Fiscal Hawks Were Right About Debt and Interest Rates
Rosy fiscal expectations based on eternally low interest rates have proven dangerously wrong.
The Trump Train Rolls Through Iowa
Plus: A listener asks the editors if there are any bad laws that might discourage people from having kids.
Is ESG Already Over?
CEOs are beginning to wonder what to do when environmental, social, and governance factors are at odds with performance.
Why America Should Be More Like Sweden (It's Not What You Think!)
Sweden reformed socialistic aspects of its pension system and introduced partial privatization.
The Fiscal Hawks Were Right About Debt and Interest Rates
Rosy fiscal expectations based on eternally low interest rates have proven dangerously wrong.
Spanish Translation of "The Case Against Nationalism" Now Available
The Cato Institute has posted a Spanish-language version of the article I coauthored with Alex Nowrasteh.
Wonka Fights the Candy Cronies
When regulators block entrepreneurs, they take away a golden ticket.
On Economic Issues, the Populist Right and Left Share a Lot of Common Ground
That's bad news for Americans.
Labor Department's New Regs Aim To Rescue Gig Workers From Their Own Preferences
Biden undid Trump-era rules for independent contractors, but the new rule will likely last only until another Republican is elected president. This is no way to regulate an economy.
Magatte Wade: The Real Reasons Why Africa Is Poor and Why It Matters
The author discusses how cryptocurrencies are helping people like her build the Africa—and the world—they want.
The Real Reasons Africa Is Poor—and Why It Matters
Author Magatte Wade discusses how cryptocurrencies are helping people like her build the Africa—and the world—they want.
The Feds Shouldn't Subsidize Fancy, Risky Beach Houses
Government is "promoting bad behavior," says Sen. Rand Paul. He's right.
The Best of Reason: The Post-Neoliberalism Moment
Anyone advocating neoliberal policies is now persona non grata in Washington, D.C.
Biden Considering Higher Tariffs on E.V.s Imported from China, Raising Prices for Americans
Tariffs of 25 percent introduced under Donald Trump have been allowed to remain in place, and Biden may tack on even more to shield American firms from competition.
New Tariffs on Tin Cans Get Biden Administration Approval
There's no good reason for the government to block Americans' access to cheaper tin cans.
The Post-Neoliberalism Moment
Anyone advocating neoliberal policies is now persona non grata in Washington, D.C.
Welfare Is Great—for the Welfare Bureaucrats
The clients get a confusing maze and a lot of incentives to stay on welfare.
State Governments Promised Private Companies More than $10 Billion in Subsidies Last Year
The statistic, compiled by watchdog group Good Jobs First, only takes into account "megadeals" involving at least $50 million in subsidies.
Biden Administration Quietly Extended the Unnecessary COVID Bailout for States and Local Governments
Republican senators say the change is "mind-bending and deeply concerning."
