Uncertain Tariffs Make Beauty a Lot Uglier
After contending with COVID-era inflation, the beauty industry and consumers face more supply disruptions and price hikes under Trump’s trade war.
Economics
Sleepwalking Into a Cashless Society
Central bank digital currencies would destroy any chance for financial privacy, but society is willingly moving in that direction.
Labor Strife Looms Over MLB Opening Day
Plus: Untenable in Tampa, Cinderella didn't show up for March Madness, TGL, and more.
Don't Bail Out Farmers Again
Farmers will bear the brunt of Trump's trade war. That's a good reason to avoid tariffs in the first place, not an excuse for another bailout.
These Ceramic Tiles in Spain and Portugal Tell the Story of Globalization
Azulejos remind us that globalization has been shaping art, politics, and culture for centuries.
There's Nothing Novel About the DoorDash-Klarna Collaboration
Consumers have long paid for daily goods with loans.
The European Commission Is Assaulting American Tech Companies
Meta, Apple, Microsoft, and others have all faced legal action from the European Union in recent years.
A New Study Adds to the Evidence That Drug Busts Result in More Overdose Deaths
The researchers found that drug seizures in San Francisco were associated with a substantial increase in fatal opioid overdoses.
Tyler Cowen on Immigration, DOGE, and 'The Great Forgetting'
"Bad ideas have been making a comeback," the host of Conversations with Tyler tells Reason.
D.C. Regulators Are Forcing This Rideshare Alternative Out of the Market
The D.C. Superior Court is fining Empower CEO Joshua Sear $5,000 for every day he keeps his ride reservation software operational in the city.
Immigrants Are a Boon to the U.S. Economy
Studies have continuously shown that migrants create more jobs than they destroy.
Betting Makes March Madness Better
Plus: Why the selection committee did a good job, sports ticket prices are spiking, and more.
Is Trump's Trade War Causing a Recession?
The Atlanta Fed’s GDPNow forecast plunged into recessionary territory, stocks wiped out $4 trillion in value, and consumers are pulling back. How long will Washington ignore the warning signs?
Trump's Tariffs Could Be the Final Boss for Affordable Gaming
As Trump’s trade wars with Canada and China escalate, tariffs could push console prices up, threaten U.S. jobs, and disrupt a $66 billion industry.
Great Moments in Unintended Consequences: Printed Guns, Scratch and Sniff, Jakarta Traffic (Vol. 18)
Good intentions, bad results.
New Income Tax Proposal Is Progressive and Unworkable
Commerce Secretary Howard Lutnick says the Trump administration wants to eliminate income taxes for those making $150,000 or less—an unprecedented shift with major consequences.
Pour One Out for Purchasing Power This St. Patrick's Day
Trump’s tariffs will kill the global trade that makes the holiday’s cultural celebration possible.
Trump Makes Canada Free Again
Canada’s retaliation against Trump’s tariffs is wiping American alcohol off store shelves—and fueling an unexpected push to deregulate its own restrictive liquor laws.
How Pokémon Helps Explain DOGE
Musk's fans and critics will keep debating whether DOGE is revolutionizing government or wrecking important institutions.
TSA Screeners' Union Sues the Trump Administration for Violating Its First Amendment Rights
Passengers suing the TSA for First Amendment violations have had a rough time in court.
Howard Lutnick Doesn't Get To Decide What You Buy
There is no "royal we" in the marketplace.
Taking $200 Out of an ATM Should Not Trigger Federal Financial Surveillance
No, not even if you do it in a county that borders Mexico.
Trump Pledged To Support Tesla. His Trade Policies Will Do the Opposite.
Tariffs on steel and aluminum imports inflate the cost of electric vehicles.
Tariffs Raise Prices, Spark Conflicts, and Make Everyone Poorer
We rely on Canadian energy and lumber, and Canadians rely on our products. It's the proverbial win-win.
Elon Musk, Who Promised To Be 'Maximally Transparent,' Makes DOGE's Numbers Even Harder To Check
The cost-cutting initiative's calculation of "estimated savings" is mostly mysterious, and the parts we know about are riddled with errors.
Trump's Threatened 200 Percent Tariffs on European Booze Are His Least Sensible Trade Move Yet
It would make American consumers poorer and hurt American businesses without any promise of benefits.
Congress Just Made It Harder for Congress To Block Trump's Tariffs
The cowardice of Congress will continue fueling the growth of executive power.
Rand Paul: Businesses and Workers Think Tariffs Are a Bad Idea
"I really haven't had anybody come up to me and say, 'Please, please, put tariffs on me,'" says Sen. Rand Paul (R–Ky.).
Congress and DOGE Can Find Spending Cuts at the Department of Defense
The U.S. can defend itself at a lot less expense.
Why Some American Businesses Want More Tariffs
A quick lesson about concentrated benefits and diffused costs
It's Trump's Economy Now
Plus: A listener asks the editors to discuss the pros and cons of homeownership.
Yes, We Should End Taxes on Tips
Taxing tips generates practically no revenue, burdens workers, and fuels pointless IRS audits.
The American Right Is Abandoning Mises
The Austrian economist's principled thought once served as a check on the intellectual right.
By Ending Contract, Union Officials Claim, Trump Administration Violated 'Dignity and Rights' of TSA Agents
The Department of Homeland Security unilaterally tore up a collective bargaining agreement it had signed with unionized TSA screeners in May 2024.
The FCC and Its Private Taxman Go to Court
FCC v. Consumers’ Research could dismantle a massive slush fund run by unelected regulators and industry insiders.
Trump's Trade War With America's Neighbors Is All Cost and No Benefit
What did we learn from yet another escalation in the North American trade war? Not to do it again.
Possible Travel Bans Coming
Plus: The Trump administration's American dream revisionism, 50 theses on DOGE, what people get wrong about extreme MAGA, and more...
New York's Illegal Prison Guard Strike Challenges Law Limiting the Use of Solitary Confinement
It's also a reminder of the disarray that ensues from strikes put on by state employees, who hold monopolies on public goods.
Yes, Cutting Government Waste Is Important
Entitlements are a much bigger expense, but that doesn't mean the waste doesn't matter.
Is Science Rigged for the Rich?
A recent study claiming inequality of opportunity in the sciences commits statistical and conceptual errors that make its findings meaningless.
Weak Dollar
Plus: Columbia's Hamas apologists, Musk's lawsuit against OpenAI, and more...
Contrary to What Trump Said, Even DOGE Does Not Claim To Have Identified 'Hundreds of Billions' in Fraud
The president's assertion is divorced from reality, and so are the "estimated savings" touted by Elon Musk.
