Elon Musk's Story Highlights Harm Caused by Immigration Restrictions
Immigration restrictions nearly prevented Musk from making his major contributions to economic innovation, and they do block all too many other potentially great innovators.
Economics
The Misuse of Data Behind the 'Greedflation' Narrative
There's no evidence that greed is causing inflation.
Increase in Tariffs Would Trigger Global Economic Decline, Study Finds
A new IMF study finds that a global increase in tariffs could decrease global GDP by nearly 1 percent by 2025 and over 1 percent by 2026.
Tariff Gambit
Plus: Elon Musk's purportedly illegal scheme, nicotine nation, and more...
The Perils of Trump's Proposed Bitcoin Strategic Reserve
In 2021 Trump called bitcoin a "scam" but he seems to have realized his political coalition includes cryptocurrency enthusiasts.
Smaller Government Can Protect Against a Vengeful President
Whether through policy or prosecution, the president's ability to punish his political enemies should be sharply constrained.
Can the U.S. Government Tell Chinese People Apart?
Drone maker DJI claims the Pentagon has unfairly smeared it as an arm of the Chinese military based on a mix-up of Chinese names.
The Sindex: Airfares Have Fallen Below Prepandemic Levels
The Reason Sindex tracks the price of vice: smoking, drinking, snacking, traveling, and more.
Napa's Wineries Battle Local Restrictions
In the heart of California Wine Country, rigid local rules are choking small businesses and stifling growth
Trump Floats Tax Break for Carmakers Hurt by His Own Trade Deal
After proposing a deduction for interest paid on car loans, the former president suggested it would apply only to vehicles made in America.
How To Avoid Paying Tariffs? Have a Friend in Washington.
A new report shows that politically connected companies were better able to navigate the exclusion process and avoid paying tariffs during the Trump administration.
Are American Living Standards In Decline?
David Leonhardt and John Early debate stagnation, inequality, and how people feel about the economy.
The 'Degrowth' Mentality Promises a World of Poverty and Misery
Market-based economies create incentives that unleash human creativity and provide incredible abundance.
Where Is Trump's Plan To Cut Spending?
The former president says the government should be funded like it was in 1890. So where's the plan to reset spending to 1890s levels?
Kamala Harris is a Far Lesser Evil than Donald Trump
Why I'm voting for Harris in the 2024 election.
Javier Milei's Economic Reforms Are Already Paying Off in Argentina
But local free market economists think further currency and labor reforms will get the Argentine economy recovering faster
Neither Trump Nor Harris Wants To Drain the Swamp. They Want You To Join It.
Both candidates have promised a litany of special favors to handpicked constituencies. If you don't fit into the right categories, you'll pay the price.
Trump, Harris Ads Make Clear They Won't Be Cutting Government
Both candidates are making a final big government, populist pitch to undecided voters.
The Remarkable Redneck Air Force of North Carolina
The relief effort after Hurricane Helene is powered by private citizens, and volunteers have discovered that it's better to ask forgiveness than permission.
Faisal Saeed Al Mutar: Peace In The Middle East Through Capitalism
The co-founder of Ideas Beyond Borders argues that there is "no better independence than economic independence."
Institute of Economic Affairs Paper on Immigration and the Economic Liberty of Natives
The paper explains how immigration restrictions severely undermine both the "negative" and "positive" economic liberty of receiving-country natives. It also adapts my analysis of this topic for a British audience.
Milei Shuts Down Argentina's Tax Agency
AFIP is an "unnecessary bureaucracy" that stifles economic freedom, says Milei's government.
Geothermal Power Could Produce Abundant Clean Energy, If We Let It
Geothermal projects promise nearly limitless energy, but they are being stymied by environmental policies.
Archaic Federal Law Keeps Alaskans From Using Abundant Natural Gas Reserves
The Jones Act makes the North Slope’s resources inaccessible to the state’s energy-starved residents.
The Justice Department's Proposals for Breaking Up Google's Dominance Won't Work
But consumers will pay a price.
This Libertarian Republican Is Running for Congress in Nevada
Drew Johnson wants to help define the post-Trump GOP.
Reform Social Security for Those Who Need It Most
As it stands, the program effectively redistributes money from younger and poorer people to richer people.
No Prosperity Without Economic and Political Liberty
Three American economists win Nobel Economics Prize for showing how free markets and democratic governance engender prosperity.
J.D. Vance Says 7 Million Able-Bodied Men Have Dropped Out of the Labor Force. Where Are They?
There are many explanations for the slow, long-term decline in work force participation among American men. Undocumented immigration doesn't seem to be a major factor.
Did Inflation Save Us From 'New Progressive Economics'?
Anti-market progressives dominate the Biden administration. Their policies also help discredit it.
Donald Trump and Kamala Harris Keep Making Economically Illiterate Promises
These policies may sound good on paper—but they would be disastrous in reality.
Chip Mellor's Legacy Promotes a Broader Concept of Civil Liberties
For more than three decades, the Institute for Justice has shown that economic freedom and private property are essential safeguards for ordinary Americans.
Biden's Top Trade Official Just Admitted Tariffs Haven't Changed China's Behavior
Katherine Tai said tariffs were "leverage" against China, but now she admits that China hasn't made "any changes to its fundamental systemic structural policies."
William "Chip" Mellor, RIP
Mellor was cofounder and longtime president of the Institute for Justice, one of the nation's leading public-interest law firms.
Trump's Proposed Tariffs Would Add Nearly $250 to the Price of New Gaming Consoles
Similar price hikes would hit smartphones, laptops, tablets, and televisions.
Trump Panders to Auto Industry, Proposes Making Car Loan Interest Tax Deductible
The former president's increasingly lopsided economic policy proposals have the feel of throwing spaghetti at the wall.
To Get Through the Election, Smoke a Cigarette
This election is all about pursuing short-term political highs while willfully ignoring long-term problems. What could pair better with that than a cigarette?
Business and the Roberts Court Revisited
An examination of how Donald Trump's appointments to the Supreme Court have affected business interests.
Perils of Broad Presidential Power Over Tariffs
Donald Trump's plan for massive tariff increases is particularly dangerous because the White House could likely implement it without any new congressional authorization.
Biden and Harris' Record on Spending and Debt Is a Tragedy of Epic Proportion
When they entered the White House, the budget deficit was a pandemic-influenced $2.3 trillion, and it was set to fall to $905 billion by 2024. It's now twice what it was supposed to be.
Could Trump Impose More Tariffs Without Congressional Approval?
Yes. But there might be one more key opportunity to rein in presidential powers over trade.
Universal Basic Income Shows Why Giving People 'Free Money' Doesn't Work
According to recent data, people work less—and actually end up deeper in debt.
Budget Deficit Hit $1.8 Trillion After Huge Increase in Borrowing Costs
Spending increased by 10 percent last year, while tax revenue increased by 11 percent. Interest payments on the debt shot up by 34 percent.
Trump's Destructive Tariff Proposals Will Make Us All Poorer
The candidate’s protectionism offsets some otherwise positive tax ideas.
I Did Business With China, and America Won
Everyone benefited when I manufactured my invention in China, but Americans benefited more.
How Milton Friedman Can Help Us Get Through Hurricane Milton
To give storm victims the best chance at recovery, let local knowledge and markets guide decisions.
Trump's Deportation Plan Would Cost Nearly $1 Trillion
And it would wreck the economy.
