Baseball Star Shohei Ohtani's New Contract Is a Massive Tax Avoidance Scheme. Nice!
He could save $98 million by dodging California's state income taxes with his unusual, eye-popping contract.
He could save $98 million by dodging California's state income taxes with his unusual, eye-popping contract.
Politicians and the media are telling bogus stories about falling fertility rates, rising inequality, and lack of economic mobility.
Americans have a reputation for being cockeyed optimists, but we're suckers when it comes to "declension narratives" about the fallen state of our world.
The economy is broadly healthy and that it's benefiting nearly everyone—including the lower-income households who need it most.
Should we be worried about the wealth amassed by the so-called 1 percent?
Gov. Tom Wolf just signed a bill to recognize occupational licenses obtained in different parts of the country.
Most college students borrow responsibly but the media can't stop showcasing people whose behavior is inexplicable and indefensible.
Contrary to what most of the media says, the poor are getting richer and income mobility is high.
Rep Ocasio-Cortez and her progressive followers think taxing the rich at 70% will bring in lots of tax money. It won't.
Skyrocketing debt and pension obligations make for a tough labor environment.
Economist Russ Roberts provides a strong argument that individual economic mobility is the rule and not the exception.
New Census data showing record levels of income and no increase in inequality should be cause for celebration.
Unintended consequences of local and state policies are a huge barrier to mobility.
People used to chase economic opportunity across the country. Then the government got in the way.
Reason TV set out to cheer up Venice Beach doomsayers with evidence of positive global trends.
Leftists don't own the poor even though they've done their best to keep them in poverty.
Rich men average 12 years longer; rich women average 10 years more.
Success is seen as a disaster when you care more about income inequality than mobility.
Corporate CEO pay is, however, way out of hand.
We shouldn't choose policies based on how they make us feel. And yet...
Median household incomes would have been double: Roughly $100,000 rather than $50,000
Politicians aiming to reduce inequality end up unintentionally making it worse.
Meanwhile U.S. intergenerational income mobility has not slowed.
Why does the president insist on confusing income inequality and economic mobility?
It's easier to climb a ladder that's been cut-off by politicians.
It's hard to admit this, but Mike, we may miss you.
Maybe stop taking people's money and giving it to overpaid government bureaucrats?
Do you care about free minds and free markets? Sign up to get the biggest stories from Reason in your inbox every afternoon.
This modal will close in 10