The Affordability Con Job
Plus: Tennessee election results, Three Mile Island controversy, immigration enforcement will hit Somali community, and more...
Economy
Switzerland Just Overwhelmingly Rejected a New Wealth Tax. Will California Lawmakers Learn?
The hammer of heavy wealth and inheritance taxes falls hardest on those still climbing the economic ladder.
Is Economic Anxiety Driving People to Socialism?
Plus: War crime allegations against Hegseth, Congress threatens the legal hemp industry, and reflections on the legacy of Tom Stoppard
Thanksgiving Should Worry Today's Socialists
The only reason we celebrate the holiday with lots of food is because the Pilgrims learned—the hard way—that socialism doesn't work.
There Is No Such Thing as Good Industrial Policy. But Republicans And Democrats Keep Trying.
Real industrial policy has been tried—in many countries, by governments of every ideology. It fails every time for the same reason.
DOGE Effect Finally Felt
Plus: Academic standards in crisis, everything's television, and more...
Trump's Epstein Reversal
Plus: Mamdani copies de Blasio, Swiss delegation buys better tariffs from Trump, Xinjiang nuke testing, and more...
You Can Still Trust the BLS—for Now
The accuracy and reliability of BLS data on inflation and jobs will depend on what the Trump administration does with it.
Democrats Are Beating Trump on Affordability. Will He Keep Pretending Otherwise?
Neither side, however, has a good plan to bring down prices.
Tariffs Near 107 Percent Threaten to Pull Italian Pasta Brands From American Shelves
The Commerce Department’s new antidumping duties could double the cost of imported Italian pasta—hurting consumers more than producers.
Trump Says He Hates Socialism. So Why Is He Acting Like a Socialist?
To support chipmaker Intel, the president used our money to buy 433 million shares of Intel stock. That's not a free market.
Trump Baselessly Accuses Meat Packers of 'Criminally Profiting at the Expense of the American People'
There are several reasons why beef prices are at a record high. Collusion isn't one of them.
Trump Seems Very Confused About 'Affordability'
The president says the affordability crisis is over, but he's also promising huge government checks. And he doesn't know how much gas costs.
Zohran Mamdani's $5 Billion Corporate Tax Hike Threatens NYC's Status as the World's Financial Capital
Billions of dollars are at stake in New York City’s mayoral election.
America's $30 Trillion Publicly Held Debt Is 42 Times Larger Than It Was in 1980
Democrats defend every entitlement and dream up new benefits. Republicans demand more defense spending and still more tax cuts.
These Small Business Owners Explain How Trump's Tariffs Are More of an 'Existential Crisis' Than COVID
President Donald Trump says his tariffs protect American businesses, but more than 700 small businesses represented by We Pay The Tariffs beg to differ.
A Divided Fed
Plus: "Freeze the rent" hypocrisy, B-52s near Caracas, the Armani class votes Mamdani, and more...
Milei's Moment of Truth
Plus: An update on the boat strikes, East Wing gets torn down, Cuomo tries to convince Republicans, and more...
This Year's Nobel Winners for Economics Explained How Innovation Makes Us Rich
Joel Mokyr has long made the case against technophobia, including in the pages of Reason.
California's Fast Food Minimum Wage Hike Cost the State 18,000 Jobs. That Shouldn't Surprise Anyone.
Lawmakers made an exception for smaller restaurant chains, implicitly acknowledging that the law would come with costs.
The Economy Doesn't Need Federal Jobs Data To Function
There are plenty of private alternatives to the employment report put out by the Bureau of Labor Statistics.
Trump Is Embracing 'Daddy State' Economics
Markets thrive on predictable rules, but when the president takes equity stakes or pressures firms at will, investment and risk-taking give way to hesitation.
The Federal Reserve Cuts Rates With Inflation Still Hot. Is Political Pressure Winning?
When the Federal Reserve is concerned about inflation, it increases the federal funds rate. Despite expressing such concerns, the Fed lowered it.
Americans Want Lower Costs, but Inflation Just Hit Its Highest Mark Since January
Inflation hit its highest level since January, with prices rising 0.4 percent in August.
Hyundai Raid Shows Trump Can't Deport His Way To a Manufacturing Boom
Trump's mass deportation policies are undermining his manufacturing agenda.
MAGA Economics Is Losing
Trump promised that protectionism and immigration enforcement would be good for the economy. The latest jobs report tells a different story.
A Bad Jobs Report
Plus: Eric Adams drop-out watch, DOJ investigates Lisa Cook, critiquing Blueskyism, and more...
Uncle Sam Is Investing Now. What Could Possibly Go Wrong?
Some policymakers now say the federal government's stake in Intel should be a "down payment" on a U.S. sovereign wealth fund. The idea is terrible.
American Nightmare
Plus: Curtis Sliwa hit piece, China's military parade, Florida's vaccine mandates, and more...
Cracker Barrel Didn't 'Go Woke.' It Just Went Broke.
The company's value was plummeting long before it nixed the "Old Timer" from its logo.
Powell's Last Stand
Plus: Federal bureaucracy gets a redesign, Robert Moses messing things up (still), Syrian immigrant unemployment data, and more...
The Trump Economy Is Now Pay To Play
Plus: Trump talks with Putin in Alaska, federal troops flood D.C., a controversial Bureau of Labor Statistics nominee, and a listener question about the hosts as a band
Here's What Happens to the Economy if Trump Fires Jerome Powell and Installs a Loyalist at the Fed
The Fed should be replaced by free markets, not unbridled presidential power.
Trump's War on Economic Data Is a Dangerous Move for MAGA's Own Agenda
The Bureau of Labor Statistics, the CBO, and the Fed are far from perfect. But the U.S. needs a statistical system that is modern, agile, and protected from political interference.
Zohran Mamdani's Socialist Vision for New York Is a Recipe for Disaster
Socialism doesn't bring a dignified life. On the contrary, it's wrecked lives wherever it's been tried.
We're Lying to Ourselves About Taxes, Spending, and the Debt
It's time to ask what level of spending Americans truly want with the money we actually have.
Could New York Go Bankrupt Again?
Financial historian and attorney Richard E. Farley explains how political games, union power, and creative accounting tanked New York City in 1975—and why it could happen again.
Trump Reiterates His Promise To Protect Farm and Hospitality Workers From 'Pretty Vicious' Deportation
The president is torn between the economic concerns of his supporters and the demands of immigration hardliners.
90 Deals in 90 Days? Trump's Trade War Is Failing on Its Own Terms
The trade deficit is getting bigger, the deals aren't coming, and foreign investment has declined.
North Carolina Lawmakers Are Trying To Kill the State's Booming Shrimp Industry
For some restaurants in the state, local shrimp sales account for 90 percent of their revenue.
Here Are 3 Reasons Why the 'Big Beautiful Bill' Won't Generate 3 Percent Growth
The White House is promising higher growth, but tariffs, borrowing, and rising interest rates will be a drag on those expectations.
No, Trade With China Did Not Kill the U.S. Economy
A new comprehensive review finds the negative effects of trade with China have been significantly exaggerated.
The Tariff Downturn
Plus: Drilling in the Alaskan wilderness, Harvard tries "wastefulness" argument, Stephen Miller tells on himself, and more...
Are We Headed for Another Disaster With Fannie and Freddie?
If the Trump administration fails to implement real reform, Main Street taxpayers could once again be conscripted into subsidizing lucrative Wall Street deals.
Berating the Businesses
Plus: Tim Dillon takes on the establishment, Chicago's racist hiring strategies, train fetishes, and more...
Trump Threatens Walmart Not To React to His Tariffs
On the bright side, at least Trump finally admitted his tariffs are, indeed, paid by Americans.
Trump's Tariffs Are Sapping Small Business Optimism
Seasonally adjusted job openings and capital outlay spending are declining to levels not seen since the height of the COVID-19 pandemic.
Trump's Tax Plan Is a Leftist Economic Agenda Wrapped in Populist Talking Points
The administration shows no coherent commitment to free market principles and is in fact actively undermining them.
