Can Laundry and Lettuce Save Cleveland?
A worker-owned co-op that even a capitalist could love is washing linens for the Cleveland Clinic and growing vegetables for the city.
Economics
Turns Out the Internet Has Something to Say About Teen Vogue Trying to End Capitalism
Will ending capitalism also end global poverty? The for-profit magazine seems to think so.
Last Column From Khashoggi Warns About State-Spread Fake News. Americans Should Take Note: Reason Roundup
Plus: Rep. Amash moves to limit weapons sales to Saudis while evangelical leaders defend them.
When the Bubble Bursts, We're So Screwed
All we have to show for 9 years of economic expansion is record amounts of debt, and all long-term fiscal problems ignored.
The Winningest Losers in Trump's Trade War
The president's agenda hurts American consumers and businesses.
'We've Never Had Deficits Like This During Peace and Prosperity Before'
Brian Riedl has a plan to stabilize the national debt at 95 percent of GDP. He says trying it might be political suicide, but the alternative is much worse.
It's Official: 2018 Federal Deficit Largest Since 2012
The federal government spent $790 billion more than it taxed during fiscal year 2018. The deficit is about to get worse. Much worse.
Sears Finally Entered Bankruptcy. The Struggle to Save It Was a Noble One.
Sometimes a bankruptcy isn't evidence of some hedge fund manager's hubris or humiliation, but merely a reminder that risk is part of capitalism.
The Messy Unintended Consequences of Trump's Trade War
It's like trying to plunge lasagna out of your kitchen sink.
Most Libertarians Don't Understand Friedrich Hayek, Says Peter Boettke: Podcast
In a bold new book about Hayek, the George Mason economist says "too much time and effort has been put into repackaging and marketing a fixed doctrine of eternal truths."
Pew Map Shows One Reason a National $15 Minimum Wage Won't Work
The value of $15 varies greatly across the country and even within the same states.
State AGs in Michael's Path Agree to Stop the Flow of Needed Goods
Price gouging is not the evil many officials make it out to be.
How Big of a Deal Is an Extra Half Degree of Global Warming?
New report declares world must be off fossil fuels entirely by 2050.
The $15 Minimum Wage Is Turning Hard Workers Into Black Market Lawbreakers
An in-depth look at New York's car wash industry, and the real world consequences of politicians interfering with a complex industry they don't understand.
Think Your State Is Fiscally Sound? Think Again
It's time to find out how deep in the red our country is.
Does Capitalism or Socialism Make People More Free? Reason/Soho Forum Debate 10/15 in NYC
Gene Epstein of Barron's and Bhaskar Sunkhara of Jacobin will debate whether "socialism is more effective than capitalism in bringing freedom to the masses."
Unlimited Growth and Climate Change Economists Win Nobel Prize
Paul Romer overturns limits-to-growth nonsense, and William Nordhaus projects climate change damages.
Tariffs Won't Bring Toymaking Jobs to the U.S., but They Might Kill Toymaking Jobs Already Here
Tariffs on aluminum, silicone, and dyes are already causing pain for toymakers, and the prospect of additional tariffs is anything but fun and games.
Health Insurance Deductibles Up 212 Percent Since 2008: Reason Roundup
Plus: Kavanaugh confirmation is official and child care tax credits backfire.
Federal Student Loan Forgiveness Programs Are Useless. A Juvie Teacher's Story Shows Why.
"We consistently allow the government to develop…programs like this that sound really great on paper but have no practical benefit," Keith Bradford says.
Median Household Income Is at an All-Time High. Are You Happy Yet?: Podcast
Economist Mark J. Perry talks about rising incomes, flattening inequality, low unemployment, and why none of it seems to make us feel better.
Donald Trump: Making America Economically Literate Again
Thank you for the lesson, Mr. President!
D.C. Repeals a Minimum Wage Hike That Restaurant Workers Didn't Want
The poorly designed law would have left a lot of employees with less money rather than more.
Thanks to Rising Debt, Republican Tax Policy Is Now Anti-Growth
In the long term, deficit-financed tax cuts would be a drag on the economy.
Amazon's New $15 Per Hour Minimum Wage: Silencing the Critics or Keeping up With the Times?
What's behind Amazon's new minimum wage policy?
The U.S. Economy Is More Free Than It's Been in Years
Economic freedom is good-whether in itself or because of the longevity, prosperity, and associated liberty it brings.
Why Do We Want To Be Poorer and Less Equal Than We Are?
New Census data showing record levels of income and no increase in inequality should be cause for celebration.
Here's What Congress Was Doing While You Were Watching the Kavanaugh Circus
The passage of tax reform 2.0 blows a huge hole in the budget, and a much-touted opioid bill might just make the crisis worse.
'We Are Always on the Verge of Chaos:' The PJ O'Rourke Interview
The libertarian humorist talks about his new book, how to drink in war zones, and why the Chinese are more American than most U.S. citizens.
Elon Musk Sued by SEC Over Securities Law Violations For Tweets
The SEC wants to bar Musk from being an operator or director of any publicly held company for claiming he had a firm offer to take Tesla private at $420 a share.
Nobel Prize Winner Joseph Stiglitz, Hugo Chavez, and the Return of Socialism: Podcast
Journalist and Soho Forum co-founder Gene Epstein on economists' romance with strongmen and his upcoming debate with Jacobin's Bhaskar Sunkara.
The 3 Biggest Lies Trump Told About Tariffs at His Crazy Press Conference
Trump says tariffs aren't hurting the economy, new steel plants are opening up, and some stuff about Canada. It's all wrong.
Trump's Bailout Won't Save Soybean Farmers
Soybean prices have fallen as much as 30 percent since planting season, and harvest is fast approaching.
Can DHS Shoot Down Citizen Drones? House Votes Today: Reason Roundup
Plus: why Gary Johnson will be good for the Senate, "toxic culture" at the TSA, the dismissal of an anti-FOSTA lawsuit, and a new economic freedom index.
Sorry, Socialists: Capitalism Still Polls Way Better Than Politics
One has generated more wealth for more people than any other system ever tried, while the other has produced a long track record of failure, misery, and death.
House to Vote on 'Human Trafficking' Bill That Strengthens PATRIOT Act Spying
The PATRIOT Act fell out of fashion-but swap "human trafficker" for "terrorist" and let the civil liberties infringements roll!
Will Republicans Pay a Political Price for Trump's Trade War?
The GOP's willingness to follow Trump down an anti-trade cul-de-sac risks alienating voters who could be crucial on the margins of close races.
Trillion-Dollar Deficits Are Nearly Here. Thanks, Republicans!
At nearly every opportunity, the GOP has made the nation's fiscal outlook worse.
Walmart Shoppers Could Be Next Victims of Trump's Trade War
Walmart warns the Trump administration it may be forced to raise prices in response to tariffs.
Trump's Trade War Just Killed 1 Million Jobs
The unseen consequences of the trade war matter as much as the more visible.
Is Socialism or Capitalism Better at Bringing Freedom and Prosperity To the Masses? 10/15 Debate!
The next Reason-Soho Forum debate in New York features Barron's Gene Epstein vs. Jacobin's Bhaskar Sunkara.
Trump's Tariffs Are Endangering Market Reforms in China
Chinese entrepreneurs worry that the trade war will "put them in the Communist Party's crosshairs," and make further market reforms politically difficult.
State Migration Increasingly Driven by Taxes
Tax competition between states is alive and well.
Trump's Tariffs Will Cost More Than Obamacare's Taxes
If Trump presses ahead with plans to tax all Chinese imports, the added costs would cancel out the economic benefits of last year's corporate tax cut.
Wilbur Ross Says Consumers Won't Notice the New Tariffs. Then Why Impose Them?
The only goal of tariffs is to change consumer behavior. If consumers won't notice the costs, the tariffs have already failed. Or maybe Ross is lying.
