Dumping State Income Taxes Could Mean High Sales Taxes—or an Opportunity for Smaller Government
A new report warns that some plans for replacing income tax revenue rely on unrealistic assumptions.
Economics
Superintelligent AI Is Not Coming To Kill You
If Anyone Builds It, Everyone Dies is an extreme proposal to effectively outlaw promising AI progress.
Trump's Tariff War Is Crushing American Alcohol Makers
A Canadian boycott and retaliatory trade barriers have wiped out U.S. wine and spirits sales abroad, costing American producers jobs, revenue, and entire export markets.
How Americans Are Fighting a British Censorship Invasion
A new bill in Wyoming aims to defend Americans against the U.K.’s online regulators.
Key Inflation Metric Hits 3 Percent, Despite Trump's Claim That Rising Prices Are 'Solved'
The new producer price index report complicates the administration's push for lower interest rates.
There Are No Good Reasons To Subsidize Sports Stadiums. Governments Keep Doing It Anyway.
“If we stop funding all sports stadiums tomorrow, then the world wouldn't change hardly at all," says one economist.
Trump Taps Kevin Warsh To Lead Fed
Plus: Shutdown averted? Pixar's NIMBY robot beavers, Amazon goes big on AI, and Trump wants to prop up home prices.
Free Nations Don't Have To Care About the Whims of Elected Officials
Limited government means those in power can do limited damage to the rest of us.
From Georgia's Film Subsidies to Intel's Collapse, Industrial Policy Keeps Failing
Such attempts try to engineer outcomes while acting like political favors can substitute for market incentives.
Bessent Says Construction Jobs Are Booming Under Trump's Tariffs. Government Data Show the Opposite.
Meanwhile, Trump is touting low gas prices, which are due in part to the lack of tariffs on oil and gasoline.
The Real Reason You Pay for NFL Stadiums
Economist J.C. Bradbury breaks down why taxpayer-funded stadiums are a bad idea, how team owners market them to politicians, and why another stadium building boom may be coming.
The New York Times Is Trying To Rebrand Venezuela's New Dictator as a Serious Thinker
The paper mistook enforcement collapse for market reform, and now their "cosmopolitan technocrat" is Venezuela's dictator.
What Mamdani Gets Wrong About the NYC Nurses Strike: State Regulations, Not Greed, Are the Problem
Zohran Mamdani had a chance to pursue health care reform in the New York State Assembly. He didn’t take it.
Congress Is Aiming To Avoid Another Shutdown by Spending More on Almost Everything
The bill includes $1 million for new elevators at New York City's Metropolitan Opera, among other wasteful earmarks.
The Book That Explains the Heritage Foundation Meltdown
Staffers say they were told that if they couldn't agree with these ideas they should leave. Many have.
Where Have the 'Don't Tread on Me' Republicans Gone?
Many conservatives are embracing big government, from police-state immigration tactics to socialist economic policies.
The Greenland Fiasco Shows the Stock Market Is the Ultimate Check on Trump
Economic globalization and financial markets encourage the "Trump always chickens out" (TACO) cycle. If you like peace, that’s a good thing.
The GOP Looks Increasingly Like a Home for Elizabeth Warren and Bernie Sanders
Many Republicans are now openly embracing ideas from the progressive playbook. Call them "Depublicans."
The West's Already-Messy Divorce
Mark Carney's speech, and Donald Trump's blunderbussing, foreshadow future ruptures.
The Real Reason Flying Feels Worse Today
The big lesson from the past 50 years of American air travel is that the aesthetics matter a lot less than the economics.
Flying Is Better Than in the Good Old Days, No Matter How Luxurious Those Old Photos Look
The big lesson from the past 50 years of American air travel is that the aesthetics matter a lot less than the economics.
Trump Backpedals
Plus: Behind the badge, regime change in Cuba, surrogacy controversy, and more...
Mike Johnson Says He Has 'No Intention' of Letting Congress Vote on Trump's Tariffs
A House rule prohibiting tariff resolutions from coming to the floor will expire at the end of the month and is unlikely to be renewed.
Is America Really Going to War for Greenland?
Plus: Threats of new tariffs on NATO allies, masked federal agents stir unrest in Minnesota, and Trump’s new health care proposal.
Europe's Biggest Advantage in the Showdown Over Greenland? America's Huge Pile of Debt.
America's large and growing national debt is not just a budgetary liability, but increasingly a geopolitical one too.
Trump Threatens NATO Members With Tariffs Paid Almost Entirely by Americans
Threatening European allies to further tax American citizens is unlikely to persuade them to surrender Greenland to the United States.
Eric Trump Congratulates His Father for a Drop in Fentanyl Deaths That Happened Before He Took Office
The president's son also claims destroying cocaine boats somehow reduces fentanyl overdoses, echoing his father's confusion.
Trump's 25 Percent Tariff on Chip Imports Is Really an Export Tax
The order imposes duties on China-bound AI chips if chipmakers don't invest in American semiconductor fabrication.
Trump's Plan to Seize Greenland is Simultaneously Evil, Illegal, and Counterproductive
It would alienate allies, impose US rule on an unwilling population, and blatantly violate both US and international law.The plan to impose tariffs on nations opposing the seizure is also illegal and harmful.
Why Can't New York Get Rid of 2-Person Subway Crews?
Gov. Kathy Hochul vetoed a bill mandating two-person subway crews, but union contracts and bipartisan support ensure New Yorkers will keep paying for them anyway.
Review: D.C.'s $500 Million Shrine to Capitalism
The new Milken Center for Advancing the American Dream in Washington, D.C., sidesteps its founder's complicated history.
Yes, the Middle Class Is Shrinking—Because It's Moving Up
The real squeeze comes from government-distorted markets, not economic decline.
American Quartz Manufacturers Want To Make Kitchen Countertops Even More Expensive
Their trade group filed a petition asking the government to impose quotas and a 50 percent tariff on all imported quartz.
Trump vs. Free Markets
Much separates populist Republicans from progressive Democrats, but they all favor state control.
California Billionaires Are Leaving the State in Response to Proposed Wealth Tax
The wealth tax would discourage investment and likely lower tax revenue for California.
The 6 Ways Trump Tried To Control the Economy Last Week
From defense contracting and mortgage finance to credit, housing, and monetary policy, Trump is leaning heavily on command-and-control economics.
The Company Behind the 'Steroid Olympics' Wants To Make Enhanced Pro Athletes Mainstream—and Amateurs, Too
The Enhanced Games are letting athletes take performance enhancing drugs—and they want their events to be big as the Super Bowl.
Trump's War on Interest Rates
No one likes high interest rates on credit cards and loans, but artificially lowering interest rates via executive power is not a solution.
Trump 2.0, Year 1: A Libertarian Nightmare
Trump's second term lurches forward, powered by monarchical authoritarianism
Iran's Inflation Protests Turned Into an Uprising. Will Trump Get Involved?
The unrest started with a merchants' strike, escalated into a bloody crackdown—and might become an American war.
No Other Choice Is a Dark Satire of Capitalism and Masculinity
Is the problem big corporations? Or the modern man?
Elon Musk Said Rand Paul Is the One Person in Washington Who 'Gets It'
In an interview with Reason, CNN's Scott Jennings recounts the conversation he had with the tech entrepreneur about his distaste for exorbitant government spending.
CNN's Scott Jennings: The Conservative Movement's Identity Crisis
Scott Jennings discusses life as a conservative at CNN, Trump’s record a year into his second term, and how figures like Candace Owens damage the right.
Is This the End of American Capitalism?
If interest rates stop being market signals and become policy decisions, what survives may look less like capitalism—and more like permanent crisis management.
How the Trump Administration Quietly and Quickly Took Over 3 Golf Courses in Washington, D.C.
Plus: Thank capitalism for the best parts of college football bowl season
John Roberts Touts Judicial Independence, Subtly Rebukes Trump in 'Year End Report' on Federal Courts
The chief justice hails the judiciary as “a counter-majoritarian check on the political branches.”
