Great Moments in Unintended Consequences: Subsidized Trees, Day Care Late Fees, New York Alcohol Ban (Vol. 11)
Good intentions, bad results.
Good intentions, bad results.
Plus: Another campus free speech debacle, foreign cheese groups lose Gruyere trademark case, and more...
Uncle Sam's own workers owe $1.5 billion, and growing, in unpaid taxes.
The higher taxes on small businesses and entrepreneurs could slow growth. Less opportunity means more tribalism and division.
American companies and consumers "bore nearly the full cost of these tariffs because import prices increased at the same rate as the tariffs."
In countries that privatized, there are fewer delays and costs are lower. But labor unions and the private plane lobby stand in the way.
Join Reason on YouTube and Facebook Thursday at 1 p.m. Eastern for a discussion of the Silicon Valley Bank meltdown and bailout of depositors with economist Arnold Kling.
Youth employment is a recognized path to greater prosperity.
Prices rose by 0.4 percent in February and core inflation was up 0.5 percent, the third consecutive month that it has increased.
In an attempt to create a new banquet license, a bill introduced in Utah would require every restaurant to build a wall that blocks off its private party space from the rest of the establishment.
Plus: College says abortion art runs afoul of state law, the politics of Silicon Valley Bank's collapse, and more...
During the pandemic, the U.S. mortgage market avoided collapse without any bailouts. Here's how.
While the population has grown, the number of college students has declined in the past decade.
Plus: The editors recommend the best books for sparking interest in free market principles.
Under the Kelo v. New London Supreme Court decision, a state can take private land to give to a private developer for almost any reason it wants.
More immigration from China would both hobble a geopolitical rival and make America richer and better.
The Fed's anti-inflation measures had to hurt someone.
Plus: Fox News troubles, junk statistics about illicit economies, and more...
It’s a win for self-defense rights in ongoing campaigns to conscript businesses for political causes.
Plus: "Flipping the proverbial bird is a God-given" right, administrative state abuses, and more...
Big corporations and entire industries constantly use their connections in Congress to get favors, no matter which party is in power.
"If I would have gone to college after school, I would be dead broke," one high school graduate told the A.P.
And now the state thinks it needs to crack down even more.
"It's very easy for politicians to legislate freedom away," says Northwood University's Kristin Tokarev. "But it's incredibly hard to get back."
When politicians manipulate industry, the public pays the price.
Plus: The editors puzzle over Donald Trump’s latest list describing his vision for America.
Politicians lean on the financial industry to target activities they don’t like.
"The country is that divided," said one business owner. "We kind of want to be with our own people. We want to stick together."
True abundance requires a minimal state and free markets.
But it's exactly what they need to start talking about.
Asian adversaries aerially admire American angst and apathy.
"It's not about money or jobs or fiscal conservatism," one CPAC attendee told Reason.
The basics of middle-class life are too expensive. But more subsidies won't help.
Politicians say they want to subsidize various industries, but they sabotage themselves by weighing the policies down with rules that have nothing to do with the plans.
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.
D.C. is destroying its thriving cannabis industry with bureaucracy and red tape.
Congress’ Joint Committee on Taxation reported that a permanent expansion would cost more than $1.4 trillion over a decade.
The state will fast-track applicants who have out-of-state credentials or experience.
Immigrants have a proven ability to address a mounting need for the aging American population. Politicians crafting immigration policy ignore this at their own peril.
It is hard to find evidence of this "disturbing trend."
"If it was an emergency, why wait three years to provide the forgiveness? Why present it in a political framework, as fulfilling a campaign promise?" said one higher education expert.
Krugman sees benefit cuts as "a choice" but believes that implementing a massive tax increase on American employers and workers would be "of course" no big deal.
Politicians' go-to fixes like child tax credits and federal paid leave are known for creating disincentives to work without much impact on fertility.
Plus: the editors field a listener question on intellectual property.
A Netflix documentary series blames the SEC for missing the Ponzi scheme and then calls for giving the SEC more power.
People can never be made incorruptible. We can, however, design governmental systems filled with checks and balances that limit the temptations.
Like California’s ruinous A.B. 5, the proposal would greatly harm freelance employment.
Brokers will have to report every trade and the trader’s personal information.