The Apollo Missions Were Cool, But Private Enterprise Has Been Better for Innovation
People are happier, healthier, and wealthier because freer markets have opened the floodgates of innovation, research, and development.
People are happier, healthier, and wealthier because freer markets have opened the floodgates of innovation, research, and development.
If big government is the price of "good outcomes," the American right is increasingly willing to pay it.
In short, it's using the power of the state to punish his enemies and make the world the way he wants it to be.
A new report shows that American imports from Asia continue to grow, although the tariffs might be responsible for shifting some manufacturing from China to Vietnam and elsewhere.
Trump's steel protectionism seems to have failed. Again.
Economic reality is always more complex than politicians pretend it is.
Soybean exports to China have fallen by 74 percent in the past year.
American businesses and consumers are drowning in a sea of high tariffs.
Tariffs on tea have never caused any problems, right?
Even a majority of Republicans now tell pollsters that the trade war is costing Americans, and there's no easy justification for targeting European cultural goods.
The conservative justice would have permitted a nakedly anti-competitive regulation.
"Working families should not have to pay the price for the president's reckless use of this tariff authority," says Rep. Stephanie Murphy, a Florida Democrat.
Why did a leading businessman go from calling Donald Trump "a national disgrace" to saying he's doing a good job?
Early debates actually tell us a good deal about where political parties are heading.
Trump's escalating sanctions against Iran and threats against Mexico prove this.
Parsing Trump's foreign policy, economic theories, and ideological relationship with the 2020 Democratic field
Who could have seen that coming? Well, lots of people did—but the U.S. International Trade Commission and President Trump didn't listen.
The biggest American steelmaker says there has been reduced demand for their products in recent months, probably because they raised prices after Trump slapped tariffs on foreign steel.
Trade is necessary, even for American companies making American products in American factories.
A discussion about the state of the party, as presidential debate season kicks off
In a new report, the Treasury Department declares it will begin scrutinizing any nation that runs a bilateral trade imbalance of more than $40 billion with the United States
A majority of Democratic voters now favor free trade. Some of the party's presidential candidates are starting to notice.
Each tariff the president imposes is a tax on Americans.
The president's bizarre and counterproductive obsession with tariffs could spell economic catastrophe.
When Tucker Carlson and Elizabeth Warren agree on trade, regulation, and social media, it's time to rethink a few things.
And it reveals the major blind spot in Trump's view of how international trade works.
The president still has time to avoid the economic damage, but who knows how much political damage he's already done?
So far, the answer is "maybe."
Even if Trump's tariffs go away, the debilitating economic effects are likely to linger for years.
If the tariffs ramp-up all the way to 25 percent, as Trump has threatened, they would be the biggest tax increase since 1968.
Pondering the right-commentariat's populist-nationalist vs. classical liberal split, on the latest Reason Podcast
Politically. Economically. Diplomatically. Legally. Trump's tariff threat against Mexico is a stunningly stupid maneuver no matter how you look at it.
Plus: unlicensed diet tips in court, California takes aim at independent contractors, and more...
Navarro's Wall Street Journal op-ed looks more like a deliberately deceptive attempt to argue that limiting imports will boost economic growth. It won't.
China's 2010 export restrictions on rare earth compounds failed then, and they would fail now
Tariffs, tweets, and totalitarianism today in the Reason podcast
This might seem like nothing more than a snooze-worthy debate over semantics or economic theory or government P.R. strategies. But it matters a lot.
"Tariffs are taxes on Americans—and we talk as if that's not the case; we forget that Americans are paying them," says Pete Buttigieg. That shouldn't be noteworthy, but unfortunately it is.
Plus: Game of Thrones ends, Trump's trade war with China regrettably does not.
As messy as things are, they could get uglier still.
Congress was unlikely to approve Trump's NAFTA rewrite while those tariffs were in place.
Trump isn't putting any tariffs on imported cars right now, but the White House has released a report that effectively allows the president to do that any time he chooses.
Trade has made Americans better off, and Democrats should use every opportunity to make that argument in the face of Trump's trade war.
Trump's strategy was never going to be a winning one.