Americans Spent More on Taxes Last Year Than on Food, Health Care, Education, and Clothing Combined
Plus: The Virginia Libertarian Party dissolves, San Franciso decriminalizes psychedelic plants, and more...
Economics
Goodbye, Globalization?
As American politicians turn against economic openness, history suggests the consequences could be dire.
Seattle Public School Teachers on Strike, Since 6-Figure Pay Isn't Good Enough
After a whole year of COVID-related learning loss, kids are now losing out on even more instructional time thanks to Seattle's teachers union.
What Would It Take for the Democrats To Really Be the Party of Opportunity?
Government should not penalize investment, thwart competition, discourage innovation and work, or obstruct production.
A Young Joe Biden Mocked Gerald Ford's 'Whip Inflation Now' Slogan. Now He Faces His Own Inflation Mess.
During his own inflation crisis, President Ford called on the American public to do their part through personal fiscal discipline.
When Sri Lanka Banned Synthetic Fertilizers, the Country Imploded
Green activists have some good points. But the pursuit of a chemical-free world hurts vulnerable people the most.
Russ Roberts: Why Economists Are Irrelevant
The host of EconTalk and author of Wild Problems says our biggest decisions don't submit to easy cost-benefit analyses.
Help Labor by Breaking Down Barriers to Mobility
Labor Day is the right time to remember that we can make workers vastly better off by empowering more of them to vote with their feet.
Biden Forgets That Workers Are Consumers Too
Who does he think ultimately pays those taxes?
Glenn Greenwald on the Deep State, Capitalism, and Identity Politics
"One of the things that the left and right have in common is an awareness that our government has essentially been co-opted by corporate power," says the Pulitzer Prize–winning journalist.
New Loan Program for Black, Latino Neighborhoods Isn't 'Explicitly Racist'
But Bank of America's Community Affordable Loan Solution program will likely be a gentrification accelerating machine.
California Bureaucrats Want to Take Over Your Local Fast Food Joint
Where have we heard before about government councils dictating terms to nominally private enterprise?
The Biden Administration Is Taking From the Poor and Giving to the Rich
From student debt cancellation to green subsidies, the White House is giving handouts paid for by hardworking lower-wage Americans.
Grant McCracken: The Rise of Artisanal Everything and 'Cruelty-Free Capitalism'
In Return of the Artisan, anthropologist Grant McCracken explains how we've shifted from an industrial to a handmade economy.
Despite the Media Hype, Unionization Is Down—and for Good Reason
Unionization helps some. But it hurts more.
It Wasn't What He Wanted, But Gorbachev Allowed an Evil Empire To Collapse
Alas, the Russians never forgave him.
This Grandmother Didn't Submit the Proper Banking Form. Now the IRS Wants $2.1 Million From Her.
She’s asking the Supreme Court to consider whether this seizure is an excessive fine under the Eighth Amendment.
Student Debt Forgiveness Folly
Plus: The editors field a listener question on abortion.
Selling a Home? The D.C. Down Payment Assistance Program Will Give You Up to $202,000.
The city's expanded down payment assistance program is a recipe for increasing home prices.
No, PPP Doesn't Justify Biden's Student Loan Bailout
The proper response to one failed bailout is not another bailout of a different group.
Freedom Was Giving Us Prosperity and Full Bellies. Political Leaders Squandered What We Had.
Government officials broke the world, and we’re all paying the price.
Emma Camp: Student Loan Forgiveness Is Bad News and Bad Policy
Assistant Editor Emma Camp unpacks how Biden's student loan forgiveness plan is deeply misguided.
A Few Ideas for the Better Government Americans Desperately Want
From cronyist subsidies to an unfair tax code, there are several key fixes Congress could make to better serve the public.
If Biden's Trade Policy Was Really Driven by 'Equity,' Trump's Tariffs Would Already Be Gone
Tariffs are a regressive tax that have driven inflation higher and harm poorer families the most.
The Student Loan Forgiveness Fiasco
Plus: Spider study sheds light on how misinformation spreads, Airbnb regulation ruled unconstitutional, and more...
Biden's New Student Loan Forgiveness Plan Helps Mostly People Who Don't Need It
Biden's plan to forgive nearly $300 billion in student loan debt will disproportionately help affluent Americans.
Biden's Student Debt Relief Plan Will Worsen Inflation
"Student loan relief would lead some people to spend more," warns Obama economic advisor and Harvard economist Jason Furman
Biden Reportedly Set To Forgive $10K Student Debt for Americans Earning Over Six Figures
Unsurprisingly, wealthier Americans will be the prime beneficiaries of the White House's soon-to-be-announced student loan forgiveness scheme.
Federal Judge Blocks Florida Law Banning 'Woke' Workplace Training
Ban on mandatory training of certain race topics “is a naked viewpoint-based regulation on speech.”
Democrats Attempt To Boost Midterm Fortunes by Pitching Inflation Reduction Bill That Won't Reduce Inflation
Plus: Federal judge halts part of Florida's Stop WOKE speech law, streaming services overtake cable, and more...
How To Waste $1 Trillion
Why should we believe that this boondoggle will produce better results than hundreds of other corporate welfare programs?
The Inflation Reduction Act Barely Puts a Dent in the Deficit
But it will raise taxes and sic thousands of new IRS agents on American households.
The Pandemic Home-Building Boom Is Over
Builders are starting fewer new housing projects but housing construction rates remain steady. Experts say it's a product of inflation catching up with persistent supply chain problems.
Cuba Liberalizes Economy as Economic Crisis and Protests Grow
The island’s communist government announced it would allow foreign investors to enter its nationalized retail industry as it faces shortages, blackouts, and new protests.
COVID-19 Gutted College Attendance. Now, a Solid Labor Market Is Convincing More High School Grads To Skip It.
The number of high school seniors going on to attend college has plummeted in the past two years, deepening the already steady decline.
Federal Court Upholds Washington, DC Regulation Requiring Child Care Workers to Have College Degrees
The decision may be in accordance with Supreme Court precedent. But if so, it underscores that precedent's flaws.
Biden Shouldn't Meet Xi Jinping in China. He Should Do It in America.
The U.S. may not realize it, but it has the upper hand. It turns out communism doesn't work.
Congress Just Passed the Inflation Reduction Act. It Will Hike Taxes on Some Middle-class Households.
It also spends billions on new green energy programs, and it lets the IRS hire 87,000 new agents.
Matt Welch Talks Taxes on The Reason Rundown With Peter Suderman
The latest episode of The Reason Rundown features The Reason Roundtable host and Editor at Large Matt Welch.
Will Bitcoin Demonetize Gold?
Monetary Metals CEO Keith Weiner defends the future of gold against bitcoin podcaster Pierre Rochard.
Mandatory National Service Is a Morally Bankrupt Idea
Frederick Douglass compared compelled labor to slavery. That objection still stands.
Review: Rosewood Restrictions Riled U.S. Guitar Makers
In 2017, a bizarre amendment to an international treaty threw American guitar makers into a panic.
Matt Welch: Dems Want To Spend Your Money To Take More of Your Money
Editor at Large Matt Welch gives a reality check on the new IRS measures inside the Inflation Reduction Act.
The Disappearing Differences Between Republicans and Democrats on Federal Family Spending
Many conservatives no longer appear to care much for fiscal conservatism.
IRS Controversially Claims Hiring 87,000 New Agents Won't Mean Higher Audit Rate for the Middle Class
So why do Democrats keep equivocating on the point that households making under $400,000 may be targeted for more audits by an expanded IRS?
