Don't Believe the Media Fearmongering About Spending Cuts
In 2019, discretionary spending was $1.338 trillion—or some $320 billion less than what Republicans want that side of the budget to be.
Economics
Ethanol Subsidies Could Trip Up Debt Ceiling Negotiations
Plus: Home equity theft at the Supreme Court, New York shows how not to legalize marijuana, and more...
Fewer People Are Going to College. Here's Why That's a Good Thing.
The time and money spent on college can often be used more productively.
The House GOP Debt Ceiling Plan Would Restore Spending Caps. Good.
The most important part of the Limit, Grow, Save Act is the limits.
Prohibition Gave Us Xylazine in Fentanyl. The Solution, Drug Warriors Say, Is More Prohibition.
The emergence of the animal tranquilizer as an opioid adulterant illustrates once again how the war on drugs makes drug use more dangerous.
The Biden Administration Reduced the Debt-to-GDP Ratio in the Worst Possible Way
The main driver behind the reduction is inflation—inflation that politicians created with their irresponsible spending.
Inflation Means We're Spending More Money on Less Highway
A new report from Reason Foundation shows that in 2020, highway quality improved while spending stayed flat. Inflation is now wrecking that progress.
These Members of Congress Have a Revolutionary Idea: Write and Pass a Budget the Old-Fashioned Way
A return to so-called normal order wouldn't fix all of Washington's many problems, but it would be a step in the right direction.
Biden's Nominee for Secretary of Labor Wants 'Wage Theft' Cops
California’s experience combatting wage theft has been a headache for employers without much in the way of restitution for workers.
The Push To Eliminate Fossil Fuels Is Hurting Poor People
"When we look at solar and wind around the world, it always correlates to rising prices and declining reliability."
Kevin McCarthy, Joe Biden, and the Deeply Unserious Debate Over the Debt Ceiling
An impasse created by years of politicized, myopic decision making in Washington is pushing the federal government ever closer to a dangerous cliff.
Supreme Court Weighs Whether Postal Service Can Force Christian Employee To Work on Sundays
Plus: Dominion defamation suit against Fox News starts today, Republicans' debt plan, and more...
Succession's Logan Roy: Not Actually an Anarcho-Capitalist
For perhaps the first time in television history, one character describes another as a "paleolibertarian" and "practically an anarcho-capitalist." But the terms don't fit.
Judge Rules New York State Police Must Disclose Misconduct Records
It's been nearly three years since New York repealed its police secrecy law, and departments are still fighting to hide misconduct records.
Heaton Fixes the Student Debt Crisis
How to—and how not to—help solve the college debt problem.
Ian Vásquez: COVID Accelerated the Global Decline in Human Freedom
Overall human freedom peaked in 2007, according to the Cato Institute, and governments' COVID response merely exacerbated the trend toward a radically less-free planet.
Review: Victoria 3 Lacks Spontaneous Order
The video game is a 100-year simulation of the Victorian era where the player has centralized control over the government of their chosen country.
The Federal Reserve Was Supposed To Ease Economic Instability. Instead, It's Made It Worse.
A responsible political class would significantly reform the organization. Instead, they will likely continue to give it more power.
Amid Inflation Relief, Rental Prices Continue Soaring
Annual inflation fell to 5 percent in March, the lowest mark in two years.
Elizabeth Warren Wants the Government To Save Batgirl
Companies make decisions all the time, some of them regrettable and unfortunate, that shouldn't be any of the government's business.
Georgia Is Shoveling Cash Into a Failing Electric Vehicle Company
In 2021, the state of Georgia made an expensive bet on an unproven company that could be headed for financial catastrophe.
Don't Freak Out Over Teens Having Fast Food Jobs
"I think it's really good for a lot of young people, no matter if they need a job or not, to work," says one college student who got her first job at 16.
Electric Car Prices Are Falling, With or Without Tax Credits
The Inflation Reduction Act imposes byzantine requirements to qualify for the credits. Some automakers are simply ignoring them and finding other ways to lower prices.
Don't Give the Federal Trade Commission a Big Budget Just To Punish Big Firms
FTC Chair Lina Khan has an agenda that's against big companies, not for consumer well-being.
Republicans' and Democrats' Refusal To Reform Social Security and Medicare Is Political Malpractice
In 10 years, the programs' funds will be insolvent. Over the next 30 years, they will run a $116 trillion shortfall.
I Gave Myself Severe Diarrhea for Science. Don't Tax Me for It.
Eliminating taxation on compensation for being a human guinea pig is just good public policy.
Minnesota Taxpayers Could Be Pillaged for $280 Million in Vikings' Stadium Upgrades
Taxpayers spent about $500 million to build U.S Bank stadium, which is just seven years old.
Reparations for Black Residents Would Cost California $800 Billion, Say Economists
This total is 2.5 times the state's annual budget.
Social Security Will Be Insolvent by 2033
New data from the program's trustees show that insolvency will hit a year sooner than previously expected, giving policy makers just a decade before automatic benefit cuts occur.
Poll: Most Americans Don't Think a College Degree Is Worth the Cost
56 percent agreed that "people often graduate without specific job skills and with a large amount of debt to pay off."
U.N. Climate Report Recommends Ending Fossil Fuel Subsidies
One place where environmentalists and libertarians are on the same page
Public Sector Unions Are Trampling Our Public Services
Teachers unions, police unions, and prison guard unions have inordinate control over public policy, and California is suffering the consequences.
Progressive Politicians Are Regulating Their Own Projects Into Oblivion
Excessive government interference in the market hurts consumers and thwarts policy goals. It also gets in the way of the government itself.
Nobel Prize–Winning Economist: Democrats Are Committed 'To Spending Other People's Money'
Vernon Smith weighs in on Biden's budget, how government causes inflation, and why bailing out Silicon Valley Bank was a bad idea.
Balaji's Bet: Bitcoin Hits $1 Million in 90 Days. Live With Balaji Srinivasan, Lawrence White, and Zach Weissmueller
Join Reason on YouTube and Facebook Thursday at 1 p.m. Eastern for a discussion about bank runs, the Fed, and bitcoin.
How Bad Are Your State's Occupational Licensing Requirements?
You shouldn't need permission to make a living.
Michigan Repeals Right-To-Work Law
A decade as a right-to-work state made Michigan better off.
The Inflation Reduction Act Is Screwing Up the Market for Electric Vehicles
Volkswagen unveiled a cheap new electric concept car, but protectionist policies mean it's not worthwhile for the company to introduce it in the U.S.
Capitalism, Socialism, and Fan Complaints About the Role of Giant Eagles in "The Lord of the Rings"
Economist Bryan Caplan explains how standard socialist complaints about free markets are similar to longstanding fan claims that Tolkien's Giant Eagles didn't do enough in the war against Sauron.
Banning Chinese Products in the Name of 'National Security' Could Have Disastrous Consequences
It would result in shortages, decreases in productivity, and higher production costs affecting millions of American workers and nearly every consumer.
SEC to Coinbase: Nice Crypto Exchange You Got There, It'd Be a Shame if Something Happened to It
Coinbase says the agency's assault will "only drive innovation, jobs, and the entire industry overseas."
To Balance the Budget, Republicans Must Cut Military Spending, Trim Entitlements, or Raise Taxes
If Republicans refuse to gore their three sacred cows, a new CBO report shows that balancing the budget is literally impossible.
A Thursday Bonus Reason Roundtable! Live From Reason Weekend in California
Plus: did the editors sing Happy Birthday to Adam Smith?
A Thursday Bonus Reason Roundtable! Live From Reason Weekend in California
Plus: did the editors sing Happy Birthday to Adam Smith?
Biden's First Veto Protects and Promotes ESG
What at first appears to be deregulation is actually economic activism in disguise.
