Trump's FTC Chair Is Continuing To Push Lina Khan's Antitrust Ideology
The Federal Trade Commission was established to protect consumers. Under Biden and Trump, its focus has shifted.
Economics
America's Credit Is Falling—and the Government Is Still Digging Deeper Into Debt
The lesson from the Moody's credit downgrade is that the U.S. cannot borrow its way to prosperity.
Forbes Interview on Developments in Our Case and Other Litigation Against Trump's "Liberation Day" Tariffs
I was interviewed by Brittany Lewis of Forbes.
The GOP Tax Bill Will Add $2.3 Trillion to the Deficit, CBO Says
That total could double if temporary provisions in the bill become permanent, as is likely to happen.
Upcoming Cato Institute Virtual Event on "Tariffs, Emergencies, and Presidential Power"
I will be speaking, along with Cato Institute scholar Walter Olson.
Competition Improves Services. So Why Not Apply That to Schools?
Government schools now spend about $20,000 per student.
By Trump's Logic, Biden Deserves Credit for a Dramatic Drop in Overdose Deaths
That logic implausibly assumes presidents have the power to curtail substance abuse by attacking the drug supply.
Subaru Is the Latest Carmaker To Hike Prices in Response to Tariffs
Subaru says it has "adjusted its pricing in response to current market conditions," but we all know what that means.
Will Trump's Order To Lift U.S. Sanctions on Syria Be Followed?
Reason heard from a minister in the new Syrian government about the Trump administration's outreach.
Judge Rules in Favor of New Hampshire Bakery in Fight Over Donut Mural
Conway, New Hampshire's attempt to force a local bakery to take down the mural "does not withstand any level of constitutional scrutiny," a judge ruled this week.
3 Terrible Companies To Lose $5 Billion in Federal Green Energy Loans
One of the recipients has filed for bankruptcy after allegedly scamming elderly clients.
Berating the Businesses
Plus: Tim Dillon takes on the establishment, Chicago's racist hiring strategies, train fetishes, and more...
The GOP Budget Is Big, Bloated, B.S.
Plus: A listener asks if the economic inequality data is bad.
Not Even the Moody's Downgrade Can Make Republicans Take the National Debt Seriously
Friday's announcement by Moody's and the House Budget Committee vote could have been a turning point.
Eisenhower Warned Us About the 'Scientific Elite'
The Trump administration's plans to slash science funding could end up liberating researchers from the corrupting influence Dwight Eisenhower warned about.
Trump Threatens Walmart Not To React to His Tariffs
On the bright side, at least Trump finally admitted his tariffs are, indeed, paid by Americans.
Trump's Tariffs Are Sapping Small Business Optimism
Seasonally adjusted job openings and capital outlay spending are declining to levels not seen since the height of the COVID-19 pandemic.
Robert Rosenkranz: How To Use Stoicism To Build a Meaningful Life
The billionaire philanthropist explores how stoic philosophy shaped his views on capitalism, politics, and philanthropy, arguing for rational optimism, individual responsibility, and civil public discourse as foundations for life.
Noah Smith: I Owe Libertarians an Apology
The econ blogger explains why libertarians might have been (kind of) right all along—and why our ideas are more necessary than he thought in the age of Trump.
Trade War Means Higher Prices, Fewer Customers for This Vermont Distillery: 'It's Just Chaos'
Scenes from a trade war.
The South Stole Your Job
Plus: Tulsi does Trump's bidding, a new front opens in New York's war on weed, and more...
Trump's Tax Plan Is a Leftist Economic Agenda Wrapped in Populist Talking Points
The administration shows no coherent commitment to free market principles and is in fact actively undermining them.
Republican Reconciliation Package Will Lead to $3 Trillion Annual Deficits
A new analysis from the Committee for a Responsible Federal Budget estimates that the national debt will equal nearly 130 percent of GDP by 2034.
New Republic Podcast Interview on Our Case Against Trump's "Liberation Day" Tariffs [Updated With Embedded Audio]
Greg Sargent of the New Republic interviewed me.
At 'Orgasmic Meditation' Trial, Feds Can't Find a Clitoris—or Evidence of Forced Labor
The government has been putting sexuality, sexual labor, and unorthodox ideas about sex on trial.
Trump's 'Deal' With China Leaves American Consumers and Exporters Facing Higher Tariffs Than Before
The White House calls it "the art of the deal," but a 30 percent tariff on imports from China is economically damaging and constitutionally dubious.
Reason Nominated for 17 Southern California Journalism Awards
Nominees include stories on inflation breaking brains, America's first drug war, Afghans the U.S. left behind, Javier Milei, and much more.
3 Myths About Tariffs
"If this is the end of my American dream," says one small business owner, "I'm going to go down swinging."
Thoughts on Today's Oral Argument in Our Case Against Trump's IEEPA Tariffs
Outcomes are hard to predict. But the judges seemed skeptical of the government's claim that Trump has virtually unlimited authority to impose tariffs.
Trump Called Price Controls 'Communist.' Now He's Ordering Them for Prescription Drugs.
The president hopes to introduce even more government intervention into health care.
No Divorce From China
Plus: Homeless encampments in California, taxing university endowments, and more...
Trump's Tariffs and Immigration Policies Destroy Thousands of Acres of Tomato Crops in Florida
“Between the cost of labor and the inputs that goes in, it’s more cost-effective for farmers” to plow over ripe tomatoes, said one expert.
The U.K. Trade Deal Screws American Consumers
Residents of the United Kingdom will get lower tariffs, while Americans are stuck paying higher ones.
Trump Is Wrong. Cheap Goods Are Awesome.
The right number of dolls? As many as your kid wants.
Billionaire Cliff Asness: Can Technology Outrun 'Stupider and Stupider' Government?
Co-founder of AQR Capital Management, Cliff Asness, discusses the decline of market efficiency, the dangers of populist economics, and his libertarian outlook on capitalism.
Bernie Sanders: American Success Story
Plus: Habemus papam, deporting grannies, and more...
Trump's Tariffs Are Already Raising Car Prices and Hurting Automakers
The results were completely foreseeable, after the president imposed 25 percent tariffs on all imported automobiles and parts.
Trump's New Budget Is Another Blueprint for Big Spending
We don't need more of the same. We need evidence of a serious turnaround.
The Trouble With Donald Trump's 'Department Store' Analogy
America is not a department store. And no successful department store would be following Trump's antitrade strategy.
Skype's Shutdown Proves Bigger Isn't Always Better
The death of a onetime powerhouse carries a lesson for antitrust enforcers—if they’ll listen.
Trump's 'They Can Have 5' Moment is an Attack on Capitalism
Trump’s tariffs aren’t just bad economics—they’re a rejection of abundance, prosperity, and capitalism itself.
Trump's Foreign Film Tariffs Could Stick Us With Nothing but Disney Movies
Tariffs on creative media are barriers not just to goods, but also to ideas.
NPR Interview on Legal Challenges to Trump's IEEPA Tariffs
Steve Inskeep of NPR interviewed me about the case against Trump's "Liberation Day" tariffs.
Elon Musk Discovers That Serious Spending Cuts Are 'Really Difficult'
As he shifts his focus away from DOGE, he acknowledges the need for hard choices and congressional action.
