Politicians Want To Avoid Reforming Social Security and Medicare. You Will Pay the Price.
Inflation is a silent tax—and the most painful way to finance government promises.
Economy
Wealth Taxes Are Proven Failures. Will California Take Note?
Across advanced economies, they have repeatedly been narrowed or even repealed after delivering disappointing revenue, tax avoidance, capital flight, and costly administrative battles.
Trump Claims His Tariffs Have 'Brought America Back.' Here Are 3 Things He Got Wrong.
The president's article in The Wall Street Journal is wildly misleading.
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.
The Real Reason Beef Costs More: Fewer Cows, Not Corporate Greed
Donald Trump and Peter Navarro are blaming meatpackers for hiking beef prices, but Agriculture Department data tell a different story.
Yes, the Middle Class Is Shrinking—Because It's Moving Up
The real squeeze comes from government-distorted markets, not economic decline.
The Big Lesson of the 2020s? Don't Ignore the Economists.
From COVID-19 lockdowns to Biden's inflation and Trump's tariffs, bad things have happened when economics are sidelined in policymaking.
The Most Overlooked Holiday Miracle: Abundance
History shows clearly that the societies most capable of generosity and liberalism are not those trapped in poverty but those that have escaped it.
Tariffs Are Leaving Fewer Footballs, Golf Clubs, and Toys Under the Christmas Tree
Plus: College Football Playoff complaints and an awful NFL officiating blunder.
More Republican Socialism
The Trump administration has not made a convincing case for why it is buying stakes in these companies—and why these companies in particular, rather than others.
Hottest Country
Plus: Karoline Leavitt's injection sites, Dan Bongino leaves FBI, Tesla trapped, and more...
Trump Said His Tariffs Would Reduce the Trade Deficit and Bring Back Manufacturing. Here's What the Data Show.
These metrics are bad proxies for prosperity, but they reveal just how flawed the president's arguments have been.
The Federal Government Has Shed 271,000 Jobs This Year. That's Great.
It's also not the whole story. Federal spending isn't falling and the private sector job market is stagnant.
17 Ways Politicians Can Make Things Cheaper, Starting With Food, Health Care, and Appliances
A real affordability agenda would unleash free markets, not constrain them.
The 2025 Libertarian Gift Guide: 28 Great Ideas for Apocalypse Preppers, Boozers, Self-Improvers—and More
Panicked about holiday shopping? Reason staffers and contributors are here to save the day.
The Horseshoe of Doom: Populists Left and Right Say America Is Failing. The Facts Don't.
When voters believe they're living through an economic apocalypse, they're willing to embrace the very policies that would create one.
The Affordability Con Job
Plus: Tennessee election results, Three Mile Island controversy, immigration enforcement will hit Somali community, and more...
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
