The Economics of Prohibition Doom Plans To Reduce Drug Use by Busting Online Dealers
A study suggests that "selectively targeting large-scale drug vendors" on the dark web can succeed where all previous enforcement efforts have failed.
Economics
CBO: Debt Ceiling Deal Means 78,000 More Able-Bodied, Childless Adults Could Get Food Stamps
New work requirements will target those over age 50, but the debt ceiling deal also loosens existing work requirements for those under age 50.
Adam Smith Has Something for Everyone
From the American Founders to communist meme creators, people have long claimed Smith's endorsement for their ideas.
Clea Conner: America Needs More and Better Debates
The CEO of Open To Debate wants us to disagree more productively—especially when it comes to presidential debates.
Debt Ceiling Deal Will End The Student Loan Repayment Pause
If the debt ceiling bill passes, the Education Department will be barred from extending the student loan repayment pause yet again.
Social Security and Medicare Are Ticking Time Bombs
Even taking all the money from every billionaire wouldn't cover our coming bankruptcy.
How To Restrain the A.I. Regulators
A more flexible model of oversight avoids hyper-cautious top-down regulation and enables swifter access to the substantial benefits of safe A.I.
Conservatives Rage Against Debt Ceiling Bill: 'Not One Republican Should Vote for This'
But a lot of Republicans probably will.
Banging Our Heads on the Debt Ceiling
Plus: A listener question cross-examines prior Reason Roundtable discussions surrounding immigration, economic growth, and birthrates.
Debt Ceiling Bill 'Locks in the Inflated Spending Levels of Recent Years'
Plus: Artificial intelligence and jobs, how government caused a lifeguard shortage, and more...
Why the Debt Limit Is (Still, Really) Constitutional
Biden still wants to explore the 14th Amendment—but it isn't a presidential authority, and the debt limit doesn't create a constitutional "trilemma."
Debt Ceiling Deal Curtails GOP-Backed Budget Cuts, Spending Caps
The deal will freeze non-military discretionary spending this year and allow a 1 percent increase in 2024.
Wealth Taxes Result in Rich People Fleeing, Turns Out
Norway hiked its wealth tax. A bunch of rich people got the hell out.
Succession Is a Darkly Comic Warning About the Transfer of Generational Power
The old guard titans might have been monsters. But, the HBO series warns, the young wannabes vying for power might be even worse.
Why The Statutory Debt-Limit Gimmicks Don't Work
They are all looking for elephants in mouseholes, and even the "premium bonds" theory has its flaws.
What Exactly Is a "Default"?
The term gets thrown around loosely to refer to different concepts, but with very different implications.
Taxing the Rich Will Have No Meaningful Effect on Our Sky-High National Debt
The U.S. tax system is extremely progressive, even compared to European countries—whose governments rely on taxing the middle class.
The FTC Is Investigating Anti-Competitive Baby Formula Contracts. Bad Federal Policy Is To Blame.
If the FTC wants to know why there's such a notable lack of competition within America's baby formula market, it ought to ask other parts of the federal bureaucracy.
Why Do We Have a Debt Limit?
Critics of the limit are right that it wasn't intended as an ex post check on spending, but its history makes constitutional objections difficult to fathom.
The Two Faces of Ron DeSantis
Sometimes he calls for freedom, and sometimes he preaches something darker.
Do the Natcons Get Anything Right?
Plus: A listener asks if the Roundtable has given the arguments of those opposed to low-skilled immigration a fair hearing.
Josh Hawley Wants the Debt Ceiling Deal To Include a Massive Tax Hike on Americans
Hawley might call them "tariffs on China," but that's obvious nonsense: Tariffs are paid by Americans.
Worried About the Debt Fight? Make the Hard Spending Decisions That Politicians Won't!
The debt ceiling isn’t the issue; excessive federal spending is the real problem.
Pot Legalization Is a 'Big Mistake' Only If You Ignore the Value of Freedom and the Injustice of Prohibition
The harm caused by marijuana abuse does not justify reverting to an oppressive policy that criminalized peaceful conduct.
The Post-Liberal Authoritarians Want You To Forget That Private Companies Have Rights
J.D. Vance and Co. are trying to give themselves permission to wield public power unconstitutionally.
Conservatives Pushing 'Common Good Capitalism' Sound a Lot Like Progressives
The ideology champions the same tired policies that big government types predictably propose whenever they see something they don't like.
Neither the Constitution Nor Common Sense Supports the Argument the Debt Ceiling Is Unconstitutional
Professor Prakash dispatches the arguments for unilateral Presidential authority to disregard the debt ceiling.
Can Governments Increase Birthrates? Should They?
Join Reason on YouTube Thursday at 1 p.m. Eastern for a discussion about the limits of population control with Elizabeth Nolan Brown and Scott Winship.
Voters Put Arizona Coyotes' Arena Project on Ice
A good example of why so few stadium deals end up on the ballot.
Vivek Ramaswamy Thinks 'Wokeness Is a Cultural Cancer'
Why the businessman launched a long shot campaign for the presidency.
There Is No Party of Immigration in American Politics
Plus: A listener question concerning the key to a libertarian future—should we reshape current systems or rely upon technological exits like bitcoin and encryption?
The Eternal Recurrence of Debt Ceiling Debates
The current debate is a replay of debates we have had before (and will likely have again).
Jaan Tallinn and Robin Hanson: Should We Pause A.I.?
The co-creator of Skype says yes. The George Mason University economist says no.
The Debt Ceiling Fight Is a Reminder of America's Dire Fiscal Future
The longer we wait to address our debt, the more painful it will be.
Vernon Smith: Adam Smith's Relevance, Jimmy Carter's Deregulation, and the Fed's Biggest Mistake
"The greatest thing that ever happened to me was to be born in a free country of modest means and to have opportunities," says the Nobel Prize–winning economist.
Inflation Ticks Higher in April as Rents Keep Rising
Is this the new normal, and will Joe Biden pay a political price for it?
Biden's Industrial Policy Promises a Return to the 1970s
The hard lesson that free markets are better than state control may have to be relearned.
States Spend Billions on Economic Development Deals With Little Return
In a new report, the Center for Economic Accountability analyzed economic development data from all 50 states and the District of Columbia, and there's very little to show for billions in annual spending.
Biden Falsely Bragged About Lowering the Budget Deficit. Now, It Is Predictably Rising Again.
Last year, Biden was trying to take credit for "the largest drop ever" in the federal budget deficit. Now, the deficit is almost three times as large as it was a year ago.
Failing to Reform Social Security Means Mandatory Cuts
Social Security will become insolvent in the early 2030s if Congress does nothing.
No, the Average College Grad Wasn't Making $100,000 in the 1980s
Not only is that claim factually incorrect, but it's also wrong to be so pessimistic about young people's economic future.
Biden, Yellen Won't Rule Out Declaring Debt Ceiling Unconstitutional
Plus: Kansas voting restrictions struck down, the legacy of the "vast wasteland" speech, and more…
Vivek Ramaswamy Is Wrong About the National Debt
We can't grow our way out of its ruinous economic impact. The only way forward is to cut spending.
New York's Heavy Hand Keeps Illegal Marijuana and Tobacco Dealers in Business
High taxes and heavy regulations are as effective as prohibition at creating black markets.
This California Bill Would Mandate Punishment of Marijuana Debtors Without a Hearing
To address an "unpaid debt bubble," the proposed law would dictate contract terms and require regulators to intervene in commercial disputes.
Don't Be Fooled by Randi Weingarten's Rehabilitation Tour
The teachers union head honcho is trying to engage in some astonishing revisionism, claiming she actually wasn't opposed to school reopening.
The Government Wants To Cap Credit Card Late Fees. It Will Hurt the Poor.
Delayed payments will increase, and companies will respond by raising interest rates—or denying low-income applicants outright.
