Apple Abandons Plans for Driverless Electric Car, Shifts Team to AI
While a disappointment to green-tech supporters, Apple's decision reflects the growing uncertainty in the E.V. market.
Economics
Why Is Panera Exempted From California's New Minimum Wage Law?
Probably because Greg Flynn, who operates 24 of the bakery cafes in California, is a longtime friend of Gov. Gavin Newsom.
Brian Riedl: Who Bankrupted Us More—Trump or Biden?
"I'm concerned about a Trump-Biden rematch," argues Riedl. "You have two presidents with two of the worst fiscal records of the past 100 years."
Congress Continues To Make the Tax Code Ridiculously Hard To Understand
I shouldn't have to spend so much money on an accountant every year. But I don't really have a choice.
The 'Vibescession' Will Continue Until Interest Rates Fall
A new economic paper explains why interest rates are the missing piece to understanding why people are unhappy about a seemingly strong economy.
Land of the Negative
Plus: Migrant resettlement, Tom Cotton op-ed scandal, oppressors-in-training, and more...
Not All Policy Is Industrial Policy
Just say no to empowering government actors to put their thumbs on the scale on behalf of certain sectors.
A History of Taxpayer Revolts
Linda Upham-Bornstein's "Mr. Taxpayer versus Mr. Tax Spender" delivers an evenhanded view of American tax resistance movements.
Feds Make a Pharma Patent Grab
A Biden administration ploy could give the federal government control over drug prices.
If Semiconductor Chip Demand Is High, Why Do We Need More Subsidies?
Commerce Secretary Gina Raimondo says more chip subsidies are needed, even before the Biden administration has distributed $52 billion or measured how effective that spending was.
On Taxes and Economic Freedom, Canadians Have It Worse Than Americans
Liberty to engage in voluntary transactions and keep our wealth varies across North America.
Is Another Government Shutdown Coming?
Next week, Congress will have to choose between a rushed omnibus bill or a long-term continuing resolution that comes with a possible 1 percent spending cut.
Expanding the Child Tax Credit Would Perpetuate Systemic Poverty
The policy is a true budget buster and is ineffective in the long term.
Liquor Regulators Are Seeking Revenge on Bars That Broke Pandemic Rules
"The people who violated the governor's mandates and orders should face some consequences," a Pennsylvania Liquor Control Board member said in 2022.
The Best of Reason: The Real Student Loan Crisis Isn't From Undergraduate Degrees
Misled by a bad law, graduate students are drowning in debt.
Government Is Snooping on Your Phone
Many apps collect data that is then accessed by outside entities. Should you care?
Goodbye, Navalny
Plus: A listener asks if the editors have criteria for what constitutes a good law.
How a New York Judge Arrived at a Staggering 'Disgorgement' Order Against Trump
The law that Attorney General Letitia James used to sue the former president does not require proof that anyone was injured by his financial dishonesty.
How Third-World Countries Build Walkable Cities Without Central Planning
Jakarta, Indonesia, shows why you don't need central planners to get pedestrian-friendly urban design.
The Sindex: Cigarette Prices Outpacing Inflation
The Reason Sindex tracks the price of vice: smoking, drinking, snacking, traveling, and more.
California Senate Hopeful Barbara Lee Wants $50 Per Hour Minimum Wage
If you’re going to set arbitrary prices for labor, why not shoot for the moon?
Shrinkflation Is Real—and It's Largely Biden's Fault
The president criticized companies for selling "smaller-than-usual products" whose "price stays the same." But it was his and his predecessor's spending policies that caused the underlying issue.
Did Decriminalization Boost Drug Deaths in Oregon?
Recent research finds "no evidence" that it did, undermining a key claim by critics of that policy.
The Best of Reason: The Bankruptcy of Bidenomics
Biden's economic policies gave us three years of excessive, wasteful, and poorly targeted federal spending.
Biden's Bizarre 'Shrinkflation' Nonsense
The White House should stop taking policy and messaging tips from Elizabeth Warren.
Will Outdoor Recreation Save Appalachia?
Smokestack-chasing is out. A diversified economy based on environmental protection is in. But will it work?
A Rare Win for Sanity in U.S. Tariff Policy
The U.S. International Trade Commission voted unanimously to reject a nakedly protectionist proposal that would have made canned goods more expensive.
Surging Immigration Will Reduce Deficits by $1 Trillion
New Congressional Budget Office data shows how higher-than-expected immigration is a win for the economy and the federal budget.
Georgia Lawmakers Propose Modest Changes to State Film Tax Credits
The credits cost the state over $1.3 billion per year with a 19 percent return on investment. Lawmakers' proposals will do little to change that.
Federal Government Will Borrow Another $20 Trillion in the Next Decade
Three things to know about the new Congressional Budget Office report on the growing federal deficit.
This Company Coal Town in Iowa Was a 'Black Utopia'
It was integrated, it was unionized—and it was a company town.
Bureaucrats Are Moving To Cap Bank Overdraft Fees, Which Will Hurt the People It's Meant To Help
Many who see overdraft protection as preferable to other short-term credit options will have fewer choices as some banks decide the service isn't worth offering anymore.
Elizabeth Warren's 'Shrinkflation' Rant Is an Incredible Exercise in Blame-Shifting
The Massachusetts senator blames corporate greed for price increases that were caused by inflationary federal spending she supported.
The Best of Reason: Can Free Markets Win Votes in the New GOP?
As the party grows more populist, ethnically diverse, and working class, will Republicans abandon their libertarian economic principles?
The Real Student Loan Crisis Isn't From Undergraduate Degrees
Misled by a bad law, graduate students are drowning in debt.
Trump's Terrible, Popular Tariffs
Plus: A listener asks if it should become the norm for all news outlets to require journalists to disclose their voting records.
The Bankruptcy of Bidenomics
Biden's economic policies gave us three years of excessive, wasteful, and poorly targeted federal spending.
Can Free Markets Win Votes in the New GOP?
As the party grows more populist, ethnically diverse, and working class, will Republicans abandon their libertarian economic principles?
Study Funded by Shell Convinced Pennsylvania To Give Shell $1.6 Billion Tax Break
The tax credits currently rank as the largest subsidy in state history.
How Increasing Immigration Can Reduce the Deficit
And why the Congressional Budget Office does a poor job of making those estimates.
Why Are Pickup Trucks Ridiculously Huge? Blame Government.
Regulations, tariffs, and other government-imposed hurdles reward American car companies for building bigger, more expensive trucks and keep out any potential competitors.
Politicians Need To Stop Pretending the National Debt Is Sustainable
The reality raises questions about the kind of future we want to leave for the next generation.
The Bankruptcy of Nostalgianomics
Americans are wealthier today than in the 1960s. That's not because of Bidenomics; it's because of six decades of progress.
David Stockman: Trump's War on Capitalism and Freedom
Reagan's former budget director says Donald Trump killed prosperity—and the GOP's core beliefs in capitalism and freedom.
David Stockman on Why Trump Can't Fix the Debt: 'This Guy Is Part of the Swamp'
Reagan's former budget director says pro-inflation policies destroyed prosperity—and that the only solution is a new, anti-statist political party.
Argentina, Once One of the Richest Countries, Is Now One of the Poorest. Javier Milei Could Help Fix That.
The new libertarian president believes in free markets and the rule of law. When people have those things, prosperity happens.
A New Pain Medication Could Reinforce the Disastrous Crackdown on Prescription Opioids
When the government is systematically interfering with medical decisions, a non-opioid alternative may not actually increase treatment options.
