Javier Milei: Madman? Or Savior?
Reason visited Argentina to find out if Javier Milei's reforms are working.
Economics
Peter Navarro Should Not Have Power Over U.S. Trade Policy—or Anything
Navarro is a crank and a sycophant, so naturally he's going to be one of Donald Trump's top advisors.
The Hidden Costs of Capping Credit Card Interest Rates
A rate cap could leave millions scrambling for alternatives in an increasingly cashless economy.
Union Workers Are Fighting To Keep U.S. Ports More Dangerous and Less Efficient
Union president Harold Daggett says longshoremen will strike again in January if they don't get a ban on automation.
Trump's Vow To Block U.S. Steel's Sale Sends Stock Tumbling
Trump doesn't care much about free market principles or the limits of government power. But he should pay attention to this signal from the stock market.
Abolish the Securities and Exchange Commission
Despite its enormous budget and vast regulatory powers, the agency has failed to detect major frauds while wasting time and money on relatively useless disclosures.
Promises To Cut $2 Trillion Clash with Trump's Expensive Plans
Ambitious budget cuts will meet political reality in Trump’s second administration.
A Taxpocalypse of Rising Rates Is Coming For Americans if Congress Doesn't Act
Here's how expiring tax cuts could affect you.
Nuclear Energy Prevents Air Pollution and Saves Lives
Economists estimate that each nuclear plant built could save more than 800,000 life years.
This Thanksgiving, Be Thankful for Free Markets
The Pilgrims learned this lesson the hard way. Fast forward 400 years, and many Americans have forgotten.
The 2024 Gift Guide for Freedom Lovers
From art to vice to games and maybe a little magic, Reason's staff is here to help you with your gift giving.
The Great American City Upon a Hill Is Always Under Construction
American history is often a story of people leaving to try to build their voluntary utopias.
Florida Drug Deaths Rose Dramatically as Pam Bondi Did Her 'Incredible Job' of Reducing Them
The attorney general nominee's record as a drug warrior epitomizes the predictably perverse consequences of prohibition.
Trump's New Tariffs Could Create Higher Gas Prices
And higher gas prices will make it more expensive to move goods around the country.
Trump's Tariffs Are Already Creating Jobs—in Lobbying
The president-elect's first term turned lobbying into a growth industry, and he looks poised to do it again.
Return of the 'Tariff Man'
Plus: Are tariffs inflationary, RIP to a giant of the free market movement, and more...
The Gaetz Flop Suggests That Trump Is Still His Own Worst Enemy
The nomination, which fell apart in record time for predictable reasons, reflected a pattern of impulsiveness that may yet defeat the president-elect's worst instincts.
Betting on Bessent
Plus: Pregnant law student fights a holy war, NYC officials are trying to ruin your holidays, and more...
The New York Times Claimed D.C.'s Minimum Wage Hike Created Jobs. We Exposed Their Error.
The reporting was cited by One Fair Wage as proof that its policy worked.
Forcing Google To Sell Chrome and Android Won't Make its Search Engine Less Popular
The Department of Justice's recommended remedies will only harm consumers.
Is Javier Milei Actually Improving Argentina?
Two Argentine pundits debate the success of Javier Milei.
Will Trump's Labor Secretary Pick Be a Big Win for Public Sector Unions?
Rep. Lori Chavez-DeRemer has backed bills to abolish right-to-work laws and overturn state-level reforms that limit the power of public sector unions.
The Last Chance To Curtail Trump's Tariff Powers?
Sen. Rand Paul's bill to require congressional consent for tariffs is getting new attention in the final weeks before Trump's return to power.
2024: The Year of the Driverless Car
Waymo is expanding its autonomous taxi fleet that can carry passengers on public roads, no human driver required.
Trump's Energy Picks Are Refreshingly Competent
If confirmed, Chris Wright and Gov. Doug Burgum will have the opportunity to prioritize innovation and deregulation to the benefit of taxpayers and the environment.
Abolish the Commerce Department
Donald Trump has tabbed Howard Lutnick to be the next secretary of the Department of Commerce. He should also be the last.
California Bucks Alaska and Missouri by Rejecting Minimum Wage Ballot Initiative
The Democratic state displayed more economic literacy than its Republican counterparts.
Brazilian President Blames Markets for Inequality. He's Wrong.
Luiz Inácio Lula da Silva blames neoliberalism for the very problems it solves.
Democrats Did Themselves No Favors by Veering Hard to the Left
Economics likely spelled doom for Harris, but extreme ideology sealed her party’s fate.
European Commission Fines Meta for Serving Consumers
If advertisers don’t want to give data to Facebook Marketplace, they shouldn’t advertise on Facebook.
The National Debt Just Hit $36 Trillion. Does Trump Have a Plan To Control It?
It would take nearly $8 trillion in budget cuts merely to stabilize the national debt so it does not grow faster than the economy.
DOGE's Chances Are Slim, but It Might Be Our Only Hope
Congress and the president show no interest in cutting government. Maybe outsiders can get it done.
Abolish the Federal Alcohol Tax and Regulation System
The states already overregulate alcohol. There's no need for a federal layer of red tape.
Abolish Antitrust Law
Having a large market share may just mean that a company is really good at what it does.
Abolish the Federal Minimum Wage
There is a "virtual consensus" among economists that the minimum wage puts people out of work.
Abolish Federal Student Loans
Easily accessible student loans give colleges an incentive to raise tuition.
Trump's First Term Wasn't Fiscally Responsible. Will His Second Be Different?
Even before the pandemic spending increase, the budget deficit was approaching $1 trillion. The GOP has the chance to embrace fiscal sanity this time if they can find the political will.
The Impact of Trump's Cost-Cutting Initiative Hinges on What He Means by 'Government Efficiency'
Narrowly understood, the president-elect's familiar-sounding plan to tackle "massive waste and fraud" may not give us "smaller government" in any meaningful sense.
Jet Blue and American Airlines Guilty in Antitrust Suit, Despite No Clear Harm to Consumers
The First Circuit's ruling is another blow to the consumer welfare standard.
Trump Has No Discernible Interest in Fiscal Responsibility
The president-elect’s record and campaign positions belie Elon Musk’s talk of spending cuts.
Is Being a Mom Bad for Your Career?
A recent study showed women experience a short-term "motherhood penalty" but their earnings rebound within a decade.
Modern Crafters Rediscover an Old Sweater
Knitting's evolution from necessity to leisure activity is a testament to economic progress.
How Much Will Trump's Tariffs Cost?
Much of the detail remains to be worked out, but lawmakers and corporations are already preparing.
The Empty Promises of Industrial Policy
Despite decades of bipartisan attempts, industrial policy keeps failing to deliver on promises from both the left and the right.
Sean Baker's Anora Is a Riotous Celebration of Working-Class Life
It's Pretty Woman for the modern age, and one of the best movies of the year.
