Chuck Schumer's Hasty Plan To Regulate Artificial Intelligence Is a Really Bad Idea
Federal A.I. regulation now will hinder progress, consumer choice, and market competition.
Federal A.I. regulation now will hinder progress, consumer choice, and market competition.
Overall human freedom peaked in 2007, according to the Cato Institute, and governments' COVID response merely exacerbated the trend toward a radically less-free planet.
The video game is a 100-year simulation of the Victorian era where the player has centralized control over the government of their chosen country.
A responsible political class would significantly reform the organization. Instead, they will likely continue to give it more power.
Annual inflation fell to 5 percent in March, the lowest mark in two years.
Companies make decisions all the time, some of them regrettable and unfortunate, that shouldn't be any of the government's business.
In 2021, the state of Georgia made an expensive bet on an unproven company that could be headed for financial catastrophe.
"I think it's really good for a lot of young people, no matter if they need a job or not, to work," says one college student who got her first job at 16.
The Inflation Reduction Act imposes byzantine requirements to qualify for the credits. Some automakers are simply ignoring them and finding other ways to lower prices.
If a municipality fails to approve or deny a permit by state-set deadlines, developers could hire private third parties to get the job done.
FTC Chair Lina Khan has an agenda that's against big companies, not for consumer well-being.
In 10 years, the programs' funds will be insolvent. Over the next 30 years, they will run a $116 trillion shortfall.
The state's labor groups have explicitly said their policy is about protecting jobs from new technology.
Where am I supposed to spend my cryptocurrency?
Eliminating taxation on compensation for being a human guinea pig is just good public policy.
Plus: the terrible case for pausing A.I. innovation
Taxpayers spent about $500 million to build U.S Bank stadium, which is just seven years old.
This total is 2.5 times the state's annual budget.
The rich are getting richer under the Inflation Reduction Act.
New data from the program's trustees show that insolvency will hit a year sooner than previously expected, giving policy makers just a decade before automatic benefit cuts occur.
56 percent agreed that "people often graduate without specific job skills and with a large amount of debt to pay off."
One place where environmentalists and libertarians are on the same page
Teachers unions, police unions, and prison guard unions have inordinate control over public policy, and California is suffering the consequences.
Excessive government interference in the market hurts consumers and thwarts policy goals. It also gets in the way of the government itself.
Vernon Smith weighs in on Biden's budget, how government causes inflation, and why bailing out Silicon Valley Bank was a bad idea.
The economic historian and Magatte Wade, Alex Gladstein, Mohamad Machine-Chian, Tony Woodlief, and Tom Palmer are challenging authoritarians everywhere.
Join Reason on YouTube and Facebook Thursday at 1 p.m. Eastern for a discussion about bank runs, the Fed, and bitcoin.
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.
You shouldn't need permission to make a living.
Foreign-born tech workers in the U.S. have been especially vulnerable as tech giants lay off large shares of their work forces.
A decade as a right-to-work state made Michigan better off.
Volkswagen unveiled a cheap new electric concept car, but protectionist policies mean it's not worthwhile for the company to introduce it in the U.S.
Unfortunately, it doesn't seem like the recent trend of rising administrative bloat is going to reverse anytime soon.
Economist Bryan Caplan explains how standard socialist complaints about free markets are similar to longstanding fan claims that Tolkien's Giant Eagles didn't do enough in the war against Sauron.
It would result in shortages, decreases in productivity, and higher production costs affecting millions of American workers and nearly every consumer.
Coinbase says the agency's assault will "only drive innovation, jobs, and the entire industry overseas."
If Republicans refuse to gore their three sacred cows, a new CBO report shows that balancing the budget is literally impossible.
Plus: did the editors sing Happy Birthday to Adam Smith?
Plus: did the editors sing Happy Birthday to Adam Smith?
Plus: American IQs may be shifting, Jack Daniel's lawsuit against dog toy maker hits SCOTUS, and more...
What at first appears to be deregulation is actually economic activism in disguise.
Climate change is a problem, but the IPCC AR6 Synthesis Report is wrong to suggest that humanity is on the brink of catastrophic warming.
The Democratic president is supercharging former president Trump's failed approach to domestic manufacturing.
Plus: "No such thing" as a "harmless drag show" says university president, aggressive code enforcement in Florida, and more...
Congress' end-of-year rush to fund the federal government has become the norm.
Plus: A listener asks the editors if the nation is indeed unraveling or if she is just one of "The Olds" now.
Land use policies explain the battles over everything from the Great Recession to abortion to Donald Trump.