Psychoactive Hemp Products Will Be Federally Prohibited in a Year Unless Congress Intervenes
A spending bill approved as part of the package that ended the federal shutdown aims to close a loophole that gave birth to $28 billion industry.
Economics
Mamdani Understands Something About Trump That European Leaders Don't
Trump respects outreach from opponents more than submissive flattery from friends.
Trump's Tariffs Are Likely To Make Toys More Expensive This Christmas Shopping Season
In Trump's first term, he exempted many Chinese toys and household items from tariff hikes. This time, they're subject to a 30 percent import tax.
The Democratic Party Is Offering a False Choice Between Socialism and Technocracy
By looking to the past, Democrats could chart a pro-freedom blueprint for their party’s future.
California Clears Path for Gig Unions
Even after the Prop 22 rebuke, California is pushing a system that could standardize schedules and undermine gig work.
Mike Johnson Wanted Congress To Reclaim Power Over Tariffs—in 2019
Now, under Johnson's leadership, the House has changed its rules to make it even harder for lawmakers to signal their opposition to Trump's tariffs.
There Is No Such Thing as Good Industrial Policy. But Republicans And Democrats Keep Trying.
Real industrial policy has been tried—in many countries, by governments of every ideology. It fails every time for the same reason.
Rand Paul: Congress Is 'Afraid of the President'
Sen. Rand Paul explains why he wants the Epstein files released, lays out his case against Trump’s tariffs and military strikes in Venezuela, and argues that he and Rep. Thomas Massie are the last voices in Congress still committed to libertarian ideals.
DOGE Effect Finally Felt
Plus: Academic standards in crisis, everything's television, and more...
The Sindex: Price of Audio Equipment Rises 12 Percent Under Trump Tariffs
The Reason Sindex tracks the price of vice: smoking, drinking, snacking, traveling, and more.
America Is in a Golden Age. Are We Headed Toward a Roman Ending?
"Once you have an ever-expanding system of entitlements that you can't afford, that's often the beginning of the decline and fall," says historian Johan Norberg.
Is The Washington Post Becoming Libertarian?
The Washington Post opinion editor Adam O’Neal outlines his vision for a more classically liberal editorial voice, examines how both parties turned against free speech and free markets, and explains why the paper is ending political endorsements.
Anthropic's CEO Says AI Needs More Regulation. Conveniently, It's the Kind Anthropic Can Afford.
Anthropic CEO Dario Amodei doubles down on AI doomerism during 60 Minutes interview with Anderson Cooper. Don't buy it.
A 50-Year Mortgage Won't Make Homes Affordable
Ultra-long mortgages create the illusion of affordability but lock borrowers into decades of extra interest because leaders won’t fix the supply crunch.
How the Epstein Files Turned MAGA Against Trump
Plus: Tariff rollbacks and the affordability debate, Trump considers direct talks with Maduro as unauthorized strikes continue, and a listener asks what it would take to move healthcare out of government hands
AI Art in Call of Duty: Black Ops 7 Leads Rep. Ro Khanna To Call for More Regulation
The California congressman insists he's no Luddite, but his policy proposal suggests otherwise.
The 'Emergency' That Demanded Huge Tariffs on Swiss Imports Is Now Over. So What Was the Emergency?
Trump's decision to reduce the tariffs on Swiss goods came just days after a Swiss delegation lavished the president with a variety of expensive gifts.
AI Might Help Doctors Be More Efficient and Lower Medical Costs
A Northwestern University clinical study found that generative AI sped up radiology documentation by 15.5 percent.
Fast Food's Unexpected Bipartisan Break
A new bipartisan bill aims to protect franchisors from punishment for their franchisees’ actions, signaling rare unity on economic freedom.
Cigarette Taxes Are Costing States Billions in Lost Revenue
Punitive levies drive black markets, fuel criminal enterprises, and—perhaps counterintuitively—help people evade the tax man.
You Can Still Trust the BLS—for Now
The accuracy and reliability of BLS data on inflation and jobs will depend on what the Trump administration does with it.
The Trump Administration Finally Admits That Tariffs Raise Prices
If lowering tariffs makes things cheaper, why stop at coffee?
Democrats Are Beating Trump on Affordability. Will He Keep Pretending Otherwise?
Neither side, however, has a good plan to bring down prices.
The Trump Administration's Latest Housing 'Fix' Could Inflate Another Bubble
Socializing risk to subsidize demand isn't a solution to the housing crisis, but it is a good start to another financial crisis.
Tariffs Near 107 Percent Threaten to Pull Italian Pasta Brands From American Shelves
The Commerce Department’s new antidumping duties could double the cost of imported Italian pasta—hurting consumers more than producers.
Trump Says He Hates Socialism. So Why Is He Acting Like a Socialist?
To support chipmaker Intel, the president used our money to buy 433 million shares of Intel stock. That's not a free market.
Tariff Stimulus Checks Are an Unserious Idea
Trump is living in a fiscal fantasy land.
This Foreign Policy Precedent Might Aid Trump's Tariffs at SCOTUS
For the justices, the question is just how much deference the president deserves.
Trump Baselessly Accuses Meat Packers of 'Criminally Profiting at the Expense of the American People'
There are several reasons why beef prices are at a record high. Collusion isn't one of them.
Trump Seems Very Confused About 'Affordability'
The president says the affordability crisis is over, but he's also promising huge government checks. And he doesn't know how much gas costs.
California's Fast-Food Minimum Wage Hike Is Killing Jobs
You can’t legislate your way to prosperity.
Is Trump a Socialist?
Donald Trump’s new stock-buying strategy isn’t socialism, but it is a step toward a government-controlled economy.
Trump's Lawyer at the Supreme Court Cites a Letter from James Madison That Says Tariffs Are Taxes
During oral argument at the Supreme Court, Solicitor General D. John Sauer cited a letter by James Madison that completely undermines the administration’s case that its tariffs are legal.
The Justices Are Skeptical of the Trump Tariffs, But Are They Skeptical Enough to Strike Them Down?
Some observations from yesterday's argument in Learning Resources v. Trump.
'Emergency' Has Become Washington's Favorite Loophole. It's Cost Taxpayers $15 Trillion.
Over the last decade, roughly one in every 10 dollars of budget authority has worn an emergency tag.
Socialism Didn't Work In Argentina. It Won't Work For America Either.
To understand this week's election, look to economic and political lessons from Argentina.
Justices Don't Buy Tariff Argument
Plus: Outrage at Heritage, air traffic might get throttled, and more...
On Tariffs, It Was Gorsuch vs. Trump at SCOTUS
The legal challengers to Trump's tariffs had a good day in court.
Trump's Attorney Concedes: His Legal Theory Would Let a President Tax Foreign Cars To Combat Climate Change
Justice Neil Gorsuch got Solicitor General D. John Sauer to admit one "likely" outcome, if the Supreme Court upholds Trump's tariffs.
The Government Shut Down His Dallas Small Business—for Someone Else's Crime
"Look at the corruption," says Dale Davenport. "Look how many city councilmen have gone to jail."
Washington's State Capital Just Voted Against Increasing the Minimum Wage, Unemployment
Olympia residents apparently learned from Seattle’s experience that minimum wage hikes do not improve the welfare of the worst off in society.
Trump's Economic Fallacies Are Legally Relevant in His Tariff Case
Trade deficits are not a "national emergency," and the president's import taxes won’t reduce them.
6 Zohran Mamdani Campaign Promises That New York City Can't Afford
Democratic socialist Zohran Mamdani has been elected mayor by promising New Yorkers “free” programs and services with their own money.
As Tariff Case Heads to the Supreme Court, Trump's Strongest Argument Has a Fatal Flaw
The International Emergency Economic Powers Act doesn't grant the president the power to regulate imports with tariffs. Even if it did, these tariffs would still be unconstitutional.
Baseball's Solution to the Dodgers Isn't a Salary Cap
Plus: Teams in city-owned stadiums keep ending up in court, and Israeli soccer fans get banned from a match in England
Dick Cheney Dies
Plus: Tariffs before the court, Mamdani on the ballot twice, and more...
