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.
Limited government means those in power can do limited damage to the rest of us.
Meanwhile, Trump is touting low gas prices, which are due in part to the lack of tariffs on oil and gasoline.
Staffers say they were told that if they couldn't agree with these ideas they should leave. Many have.
Economic globalization and financial markets encourage the "Trump always chickens out" (TACO) cycle. If you like peace, that’s a good thing.
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.
Threatening European allies to further tax American citizens is unlikely to persuade them to surrender Greenland to the United States.
The real squeeze comes from government-distorted markets, not economic decline.
Their trade group filed a petition asking the government to impose quotas and a 50 percent tariff on all imported quartz.
Trump's second term lurches forward, powered by monarchical authoritarianism
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.
Presidents should try to nudge the world toward more trade and less war whenever possible. Trump is doing the opposite.
From COVID-19 lockdowns to Biden's inflation and Trump's tariffs, bad things have happened when economics are sidelined in policymaking.
Past societies tried to regulate their way to stability. But it came at a great cost.
The Reason editors examine the most underreported stories of 2025 across politics, economics, global affairs, and culture.
History shows clearly that the societies most capable of generosity and liberalism are not those trapped in poverty but those that have escaped it.
The Trump administration’s trade war has made home-baked and store-bought treats more expensive.
Oh, so now the Trump administration is worried about the complexity of its tariff polices?
Plus: College Football Playoff complaints and an awful NFL officiating blunder.
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.
These metrics are bad proxies for prosperity, but they reveal just how flawed the president's arguments have been.
The tariffs have generated less than $300 billion in new tax revenue, and other claimed investments don't come close to the president's tally.
American farmers exported more than 26 million metric tons of soybeans to China annually during Biden's term. Trump's deal with China would cover less than half that amount.
Why make the government a middleman in the chip war?
Panicked about holiday shopping? Reason staffers and contributors are here to save the day.
The Cato Institute has posted one on its website.
But don't expect the White House to think too hard about it.
For Trump, tariffs are a solution to every problem, and his trade war is more about the vibes than the economics.
We can make housing more affordable and empower people to "vote with their feet" by curbing exclusionary zoning. Left and right should support that instead of counterproductive snake oil like rent control, tariffs, and deportations.
When voters believe they're living through an economic apocalypse, they're willing to embrace the very policies that would create one.
"Every supplier I have, minus one, from major to minor, has had a price increase," a Tennessee yarn shop owner tells Reason.
"Maybe the dolls will cost a couple bucks more than they would normally," the president warned in April. That's an understatement.
Global markets make Black Friday deals and generous holiday gift-giving possible.
Meet Dwayne O. Andreas: The man most singularly responsible for the fact that it is corn, not sugar, in most American sweets.
Trump respects outreach from opponents more than submissive flattery from friends.
In Trump's first term, he exempted many Chinese toys and household items from tariff hikes. This time, they're subject to a 30 percent import tax.
Now, under Johnson's leadership, the House has changed its rules to make it even harder for lawmakers to signal their opposition to Trump's tariffs.
Sen. Rand Paul explains why he wants the Epstein files released, lays out his case against Trump’s tariffs and military strikes in Venezuela, and argues that he and Rep. Thomas Massie are the last voices in Congress still committed to libertarian ideals.
Trump's decision to reduce the tariffs on Swiss goods came just days after a Swiss delegation lavished the president with a variety of expensive gifts.
If lowering tariffs makes things cheaper, why stop at coffee?
The Commerce Department’s new antidumping duties could double the cost of imported Italian pasta—hurting consumers more than producers.
Trump is living in a fiscal fantasy land.
For the justices, the question is just how much deference the president deserves.
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.
During oral argument at the Supreme Court, Solicitor General D. John Sauer cited a letter by James Madison that completely undermines the administration’s case that its tariffs are legal.
Some observations from yesterday's argument in Learning Resources v. Trump.
Over the last decade, roughly one in every 10 dollars of budget authority has worn an emergency tag.
Plus: Outrage at Heritage, air traffic might get throttled, and more...
The legal challengers to Trump's tariffs had a good day in court.
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