Booker Says Warren's Wealth Tax Would Destroy Economic Growth
"It's been tried by other nations," the New Jersey senator said.
Economics
Trump Is Wrong About the Fed, and the Fed Is Wrong About Economics
Milton Friedman once said that "money is much too serious a matter to be left to the central bankers." He was right. Still, we should ensure the Fed isn't being swayed by partisan interests.
Trade War Cost Republicans In 2018 Midterms, Especially in Rural Swing Counties
New research shows that GOP candidates lost ground in counties that were adversely affected by the trade war. In places without those effects, there were "no discernable gains" for Republicans.
Capitalism vs. Socialism: A Soho Forum Debate
Richard Wolff, "America’s most prominent Marxist economist," debates former Barron's economics editor Gene Epstein on which economic system best promotes, freedom, equality, and prosperity.
When the Government Creates Mandatory Shortages
Don’t let regulators and their cronies suppress competition.
Katherine Mangu-Ward Argues Capitalism Is a Blessing at Intelligence Squared Debate
Reason Editor in Chief Katherine Mangu-Ward and Whole Foods CEO John Mackey debate the merits of capitalism with Jacobin's Bhaskar Sunkara and U Mass economist Richard D. Wolff
Pete Buttigieg Has a $1 Trillion Plan to Drive Up Housing, College, and Labor Costs
Dramatic increases in federal spending will not “unlock access” for the poor. It will only help those with the right connections.
Mark Sanford Extinguishes Lifeless Presidential Campaign
Former South Carolina congressman and governor, who'd been running on debt/deficits, says impeachment has sucked all the oxygen out of the room.
Is Trump Choosing Tariffs Over a Trade Deal With China?
The tariffs were supposed to create the conditions for such a deal, but Trump is refusing to drop them as part of an agreement.
Is Socialism Preferable To Capitalism? A Soho Forum Debate
Richard D. Wolff squares off against Gene Epstein on which system better promotes freedom, equality, and prosperity.
New York Might Compensate You for Your Kidney
But it's just health insurance, not cash
The Trade War Is Still Inflating the Trade Deficit
Trump's trade war is failing to achieve its primary policy goals, but the really bad news is elsewhere.
California's War on Weed Continues Thanks to a Red Tape-Fueled Black Market
The Golden State is still taking punitive, costly, and pointless measures to fight illegal grow operations.
Trump's Near-Zero Presidency
Judged by his own yardstick, the president has failed because he hasn't delivered on his promises to voters.
Why the Middle Class is Better Off Than You Think
The consensus view that the American middle class "is dead, dying, hollowed out" is based on an "incomplete reading of the data," says economist Russ Roberts.
Does the Demise of Abu Bakr al-Baghdadi and His Caliphate Vindicate 2014 Rand Paul?
The senator took a lot of heat five years ago for being anti-interventionist in Syria yet pro-war against ISIS.
Canada Hobbles 'Legal' Marijuana With Burdensome Rules
Once again, underground suppliers step in when over-regulated markets can’t satisfy customers.
Trump's Food Tariffs Hit U.S. Consumers Where it Hurts
New tariffs on E.U. goods mean we'll all pay more for tasty cheeses and delicious wines.
Federal Deficit Hit $984 Billion Last Year—a Nearly 50 Percent Increase Since Trump Took Office
In three years in office, Trump has added more to the national debt than President George W. Bush did in his entire two terms.
The NYPD Officer Fired for Choking Eric Garner Is Suing To Get His Job Back
Pantaleo's lawyer says it’s “arbitrary and capricious” to fire a cop for choking a guy over black market cigarettes.
Democratic Wealth Tax Proposals Demonstrate Economic Ignorance
Bashing the rich may be good politics, but it’s terrible economics.
How to Fix the Student Loan Mess
There is a better solution than the ones politicians offer.
As Tennessee Forces Opioid Prescription Cutbacks, More People Are Dying of Overdoses
Deaths continue to rise, thanks to increased use of less-safe black market pain pills.
Target Employees Won The 'Fight For $15' but Weren't Ready for the Trade-Offs
Workers say they've had their hours cut and lost other benefits, such as health insurance. If only someone could have predicted that.
The Third Lesson of Economics
Henry Hazlitt's insights were far more sophisticated than one modern critic thinks.
San Francisco Falafel Shop Owner Says Neighborhood Has Enough Falafel, Asks City to Block Rival Falafel Shop Next Door
San Francisco gives its Planning Commission nearly unlimited discretion to deny or condition permits, making life hell for business owners.
Trump's Anti-China Trade Advisor Invented a Fake Economist To Sell His Protectionist Views
Peter Navarro also said Americans wouldn't pay the costs of Trump's tariffs, a claim that seems to be equally fabricated.
Trump Is Still Losing His Own Trade War
The president’s tentative deal with China is not a winner.
Watch 'The March of History: Mises vs. Marx'
"The Definitive Capitalism vs. Socialism Rap Battle" is live!
The Democratic Debates So Far: Nearly 300 Questions, but None About the National Debt
Will tonight be any different or more of the same?
On Tariffs, Trump Is a One Trick Pony
The president views tariffs as a solution to everything. They're a solution to nothing.
Trump Changes His Mind About Turkey and Hopes Steel Tariffs Will Stop the Slaughter
Plus: Snowden warns about encryption threats, Libertarians fight for ballot access, and more...
Trump Says He Has a Trade Deal With China. His Trade War Still Looks Like a Failure.
The deal appears to have accomplished none of the Trump administration's goals, from boosting domestic steel production to getting China to abide by international rules regarding intellectual property.
New Poll Asks Why People Support Socialism and Capitalism
Of those who reported a negative view of capitalism, 20 percent say it's exploitative or corrupt.
Restrictions Make Vaping the Next Lucrative Product Line for Cigarette Smugglers
High taxes and tight restrictions have handed huge chunks of the tobacco market to criminal networks. Why would vaping be any different?
As the U.S. and China Reopen Trade Talks, Trump Ought To Change His Strategy
The economy is doing well enough—except for all the sectors hurt by the trade war.
Instead of Suing or Appealing to Regulators, These Manhattanites Paid Market Price for Their Condo Views
NIMBYs can keep their views. They just have to pay for them.
The Economy Keeps Growing, but Americans Are Using Less Steel, Paper, Fertilizer, and Energy
Good news! We’re getting more while using less.
Trump's Nearly $1 Trillion Deficit Is Worse Than a Broken Promise
The president doesn't understand the difference between a budget deficit and a trade deficit.
Does WeWork Work? Don't Write Off the Innovative Shared Office Concept Yet
Perhaps WeWork will eventually succeed in going public and in reaching profitability. Even if it doesn't, it will have paved the way for dozens of similar companies operating with variations on its co-working model
Elizabeth Warren's Labor Plan Would Be Terrible For Workers
Among other things, it would end Uber as we know it.
More Layoffs, Falling Stock Prices Show How Trump's Tariffs Have Harmed American Steelmakers
A Michigan steel plant annnounced it's closing at the end of the year, while U.S. Steel stocks are down 75 percent since Trump's tariffs were announced.
Small Businesses Benefit From Deregulation But Remain Stymied by Trump's Trade Policy
Dump intrusive trade policies to give a real boost to consumers and entrepreneurs.
Abolish the President's Virtually Unconstrained Power to Impose Tariffs
As Trump's trade wars demonstrate, giving the president unilateral authority to impose tariffs is both dangerous and unconstitutional. Getting rid of it is likely to require a combination of litigation and political mobilization.
Trump Exempts Plastic Straws From His Sucky Tariffs
The much-maligned drinking utensil is saved from the ravages of Trump's trade war.
Capitalism Is the Key to Fixing Climate Change
Slowing or stopping economic growth will only delay solving the problems caused by man-made warming.
