Hollywood Strike: Writers Demand More Pay, New Limits on ChatGPT
Their last strike previewed the struggles of the streaming era. This one might be giving us an early taste of the age of artificial intelligence.
Economics
The Clock Is Ticking: U.S. Could Default on Debt Payments by June 1
It's time for President Joe Biden and House Speaker Kevin McCarthy to strike a deal that will avoid a default and cut spending.
Joe Biden Wants 4 More Years 'To Finish the Job.' What Job?
Plus: A listener question scrutinizing current attitudes toward executive power
Rivian Continues To Hemorrhage Money Despite $1.5 Billion in State Incentives
According to a new Bloomberg report, Rivian has lost 93 percent of its market value since November 2021. The state of Georgia is still on the hook for as much as $1.5 billion in state incentives.
Oren Cass Notices One of Industrial Policy's Fatal Flaws
Cass says industrial policy will only work if the politicians can put aside political disagreements and partisan agendas. In other words, industrial policy will never work.
Regulators Seize First Republic Bank and Sell It to JPMorgan Chase
Plus: Twitter complies with a greater portion of government censorship requests, a judge allows an antitrust suit against Google to go forward, and more...
Biden and Congressional Democrats Support Policies That Will Undermine Their Own Clean Energy Goals
The House passed a resolution that will reimpose tariffs on solar panels from China, while the EPA sits on applications for carbon capture technology that may soon be mandatory.
Don't Believe the Media Fearmongering About Spending Cuts
In 2019, discretionary spending was $1.338 trillion—or some $320 billion less than what Republicans want that side of the budget to be.
This SEC Rule Makes It Harder To Invest—Unless You're Already Rich
Stop limiting entrepreneurs’ ability to get funding from those they know best.
Ethanol Subsidies Could Trip Up Debt Ceiling Negotiations
Plus: Home equity theft at the Supreme Court, New York shows how not to legalize marijuana, and more...
Fewer People Are Going to College. Here's Why That's a Good Thing.
The time and money spent on college can often be used more productively.
Public Opinion about Regulation
Is the publc getting what it wants from the administrative state?
The House GOP Debt Ceiling Plan Would Restore Spending Caps. Good.
The most important part of the Limit, Grow, Save Act is the limits.
Prohibition Gave Us Xylazine in Fentanyl. The Solution, Drug Warriors Say, Is More Prohibition.
The emergence of the animal tranquilizer as an opioid adulterant illustrates once again how the war on drugs makes drug use more dangerous.
Borrowers With High Credit Scores Penalized Under New Federal Mortgage Fee Plan
Plus: Buzzfeed News is shutting down, alcohol delivery not linked to higher rates of booze consumption, and more...
Utah Is Making It Easier for Foreign and Out-of-State Professionals To Get Licensed and Get to Work
Other states would do well to enact similar reforms.
The Biden Administration Reduced the Debt-to-GDP Ratio in the Worst Possible Way
The main driver behind the reduction is inflation—inflation that politicians created with their irresponsible spending.
Inflation Means We're Spending More Money on Less Highway
A new report from Reason Foundation shows that in 2020, highway quality improved while spending stayed flat. Inflation is now wrecking that progress.
These Members of Congress Have a Revolutionary Idea: Write and Pass a Budget the Old-Fashioned Way
A return to so-called normal order wouldn't fix all of Washington's many problems, but it would be a step in the right direction.
Biden's Nominee for Secretary of Labor Wants 'Wage Theft' Cops
California’s experience combatting wage theft has been a headache for employers without much in the way of restitution for workers.
The Push To Eliminate Fossil Fuels Is Hurting Poor People
"When we look at solar and wind around the world, it always correlates to rising prices and declining reliability."
Unlock the Cannabis Industry for Financial Institutions
Financial institutions have been locked out of the cannabis industry because of a surveillance regime that appears to have done little to stop real criminals.
Kevin McCarthy, Joe Biden, and the Deeply Unserious Debate Over the Debt Ceiling
An impasse created by years of politicized, myopic decision making in Washington is pushing the federal government ever closer to a dangerous cliff.
Supreme Court Weighs Whether Postal Service Can Force Christian Employee To Work on Sundays
Plus: Dominion defamation suit against Fox News starts today, Republicans' debt plan, and more...
Debate: Despite the Welfare State, the U.S. Should Open Its Borders
Can Americans afford to welcome the huddled masses?
Succession's Logan Roy: Not Actually an Anarcho-Capitalist
For perhaps the first time in television history, one character describes another as a "paleolibertarian" and "practically an anarcho-capitalist." But the terms don't fit.
No Degree? That's No Problem for These Government Jobs
A bipartisan solution to degree inflation
Judge Rules New York State Police Must Disclose Misconduct Records
It's been nearly three years since New York repealed its police secrecy law, and departments are still fighting to hide misconduct records.
Heaton Fixes the Student Debt Crisis
How to—and how not to—help solve the college debt problem.
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.
Ian Vásquez: COVID Accelerated the Global Decline in Human Freedom
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.
Review: Victoria 3 Lacks Spontaneous Order
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.
The Federal Reserve Was Supposed To Ease Economic Instability. Instead, It's Made It Worse.
A responsible political class would significantly reform the organization. Instead, they will likely continue to give it more power.
Amid Inflation Relief, Rental Prices Continue Soaring
Annual inflation fell to 5 percent in March, the lowest mark in two years.
Elizabeth Warren Wants the Government To Save Batgirl
Companies make decisions all the time, some of them regrettable and unfortunate, that shouldn't be any of the government's business.
Georgia Is Shoveling Cash Into a Failing Electric Vehicle Company
In 2021, the state of Georgia made an expensive bet on an unproven company that could be headed for financial catastrophe.
Don't Freak Out Over Teens Having Fast Food Jobs
"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.
Electric Car Prices Are Falling, With or Without Tax Credits
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.
Texas Considers Bill To Privatize the Business of Issuing Building Permits
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.
Don't Give the Federal Trade Commission a Big Budget Just To Punish Big Firms
FTC Chair Lina Khan has an agenda that's against big companies, not for consumer well-being.
Republicans' and Democrats' Refusal To Reform Social Security and Medicare Is Political Malpractice
In 10 years, the programs' funds will be insolvent. Over the next 30 years, they will run a $116 trillion shortfall.
California Considers Union-Backed Bill Requiring Driverless Trucks To Have a Driver in Them
The state's labor groups have explicitly said their policy is about protecting jobs from new technology.
Debate: Bitcoin Is the Future of Free Exchange
Where am I supposed to spend my cryptocurrency?
I Gave Myself Severe Diarrhea for Science. Don't Tax Me for It.
Eliminating taxation on compensation for being a human guinea pig is just good public policy.
Apocalypse Tomorrow: Trump's Looming Indictment
Plus: the terrible case for pausing A.I. innovation
