Michigan Has Given the E.V. Industry $1.4 Billion and Counting
Carmakers don't need a crony-capitalist slush fund.
Subsidies
Voters Put Arizona Coyotes' Arena Project on Ice
A good example of why so few stadium deals end up on the ballot.
Biden's Industrial Policy Promises a Return to the 1970s
The hard lesson that free markets are better than state control may have to be relearned.
States Spend Billions on Economic Development Deals With Little Return
In a new report, the Center for Economic Accountability analyzed economic development data from all 50 states and the District of Columbia, and there's very little to show for billions in annual spending.
Rivian Continues To Hemorrhage Money Despite $1.5 Billion in State Incentives
According to a new Bloomberg report, Rivian has lost 93 percent of its market value since November 2021. The state of Georgia is still on the hook for as much as $1.5 billion in state incentives.
Stadium Subsidy Stupidity Hits New Record
Taxpayers are on the hook for $1.26 billion for a new stadium in Nashville.
The Push To Eliminate Fossil Fuels Is Hurting Poor People
"When we look at solar and wind around the world, it always correlates to rising prices and declining reliability."
Ax Government Funding for NPR
NPR is no Xinhua, but Elon Musk is correct that it doesn't need government subsidies.
Georgia Is Shoveling Cash Into a Failing Electric Vehicle Company
In 2021, the state of Georgia made an expensive bet on an unproven company that could be headed for financial catastrophe.
Minnesota Taxpayers Could Be Pillaged for $280 Million in Vikings' Stadium Upgrades
Taxpayers spent about $500 million to build U.S Bank stadium, which is just seven years old.
The Morally Funky Math of Homeowner Handouts
The rich are getting richer under the Inflation Reduction Act.
The Expensive, Seductive Nostalgia of Field of Dreams
Why are so many filmgoers and politicians eager to prop up baseball's boondoggles?
U.N. Climate Report Recommends Ending Fossil Fuel Subsidies
One place where environmentalists and libertarians are on the same page
This Year's Farm Bill Threatens To Be a Bigger Monster Than Ever
The massive piece of legislation embodies all that is wrong with American lawmaking.
A Thursday Bonus Reason Roundtable! Live From Reason Weekend in California
Plus: did the editors sing Happy Birthday to Adam Smith?
A Thursday Bonus Reason Roundtable! Live From Reason Weekend in California
Plus: did the editors sing Happy Birthday to Adam Smith?
Biden's 'Economic Plan' Is Industrial Policy That Will Be Terrible for Workers and Consumers
The Democratic president is supercharging former president Trump's failed approach to domestic manufacturing.
America Needs a Better Kind of Capitalism
Big corporations and entire industries constantly use their connections in Congress to get favors, no matter which party is in power.
Politicians Use Subsidies To Squeeze Semiconductor Manufacturers
When politicians manipulate industry, the public pays the price.
TikTok and How Congress Treats Americans Like 'Unruly Children'
Plus: The editors puzzle over Donald Trump’s latest list describing his vision for America.
Decades of Subsidies Have Made the Essentials of Middle-Class Life Increasingly Difficult To Afford
The basics of middle-class life are too expensive. But more subsidies won't help.
The Government Is Subsidizing Microchip Firms—While Making It More Expensive To Produce Microchips
Politicians say they want to subsidize various industries, but they sabotage themselves by weighing the policies down with rules that have nothing to do with the plans.
The Jones Act Is Driving Up Prices and Making Crises Worse
The legislation, which forbids shipping anything between American ports in ships that are not U.S. built and crewed, is just another a special deal that one industry has scammed out of Congress.
Now the CHIPS Act Is Going To Subsidize Child Care Too
If Congress wants to spend taxpayer money on child care services, it should pass a bill authorizing that.
Electric Truck Manufacturer Featured in Super Bowl Ad Got $186 Million in Taxpayer Subsidies
Stellantis, one of the largest automakers on the planet with billions in cash on hand, got a generous handout from the state of Indiana for choosing to build its battery manufacturing plant there.
The Fight Over the Debt Ceiling Is Just Beginning
Legislators will increasingly argue over how to spend a diminishing discretionary budget while overall spending simultaneously explodes.
Mike Pompeo Says He 'Grew Up Libertarian'
These days, he may run for president. His politics have changed.
Democrats Say They Support Green Energy. Why Do Their Policies Say Otherwise?
If you look closely, you'll find a lot of contradictions.
Wealthy Connecticut Residents Received Millions in Federal Dollars After Hurricane Sandy
It shouldn't be the federal government's responsibility to protect wealthy homeowners from the inevitable.
Free Market Think Tank Names Georgia Electric Vehicle Plant the 'Worst Economic Development Deal of 2022'
Rivian, an electric truck manufacturer that hopes to compete with Tesla, received a lucrative deal to build a new factory in Georgia despite concerns about its finances.
By Abolishing Fares, Big Cities Embrace Transit's Death Spiral
Transit officials and transit-boosting politicians in D.C., L.A., and New York City are warming to the idea of being totally dependent on taxpayer subsidies.
Subsidies To Help Workers Would Hurt Poor People
Some people would benefit. Others would lose money or be rendered unemployable.
Semiconductor Manufacturers Don't Need More Subsidies. They Need Less Government.
Fixing federal permitting rules and easing immigration policies would help companies like the Taiwan Semiconductor Manufacturing Company, which are interested in building more plants in America.
Republicans Need an Actual Plan To Grow the Economy
The biggest beneficiaries of economic growth are poor people. But the deepest case for economic growth is a moral one.
Biden's 'Made In America' Plan Is Bullying Homeowners Off Their Land to Build a Taxpayer-Subsidized Chip Plant
The president has touted a factory jobs boom. In practice, that means forcing people out of their homes to benefit corporate projects that rely on billions of dollars of subsidies.
Farm Subsidies and Food Stamps Won't Fix High Grocery Prices. Innovation Will.
With government meddling, many farmers end up doing less with more, and people end up paying more for less.
Arizona Appeals Court Deflates Subsidies for Space Balloons
According to the ruling, the Pima County Board of Supervisors violated the state constitution's Gift Clause with its sweetheart deal to a space tourism company.
A GOP-Led Congress May Focus on Owning the Libs. Instead, It Should Focus on Owning Inflation.
If the midterms favor Republicans, their top priority needs to be the fight against inflation—whether or not they feel like they created the problem.
The Government Should Be Pro-Market, Not 'Pro-Business'
Businesses are all in favor of competition, tax cuts, and deregulation only until they aren't—meaning only until subsidies might benefit them.
Government Subsidies Encouraged Millions To Move Into Hurricane Ian's Destructive Path
Plus: Reason livestream on right-wing populism, the government can't solve the fentanyl crisis, and more...
The U.K.'s New 'Free Market' Prime Minister Is Fighting Inflation With Price Controls
This fiscal irresponsibility throws gasoline on the country's already raging inflation fire.
What Would It Take for the Democrats To Really Be the Party of Opportunity?
Government should not penalize investment, thwart competition, discourage innovation and work, or obstruct production.
The Biden Administration Is Taking From the Poor and Giving to the Rich
From student debt cancellation to green subsidies, the White House is giving handouts paid for by hardworking lower-wage Americans.
A Few Ideas for the Better Government Americans Desperately Want
From cronyist subsidies to an unfair tax code, there are several key fixes Congress could make to better serve the public.
How To Waste $1 Trillion
Why should we believe that this boondoggle will produce better results than hundreds of other corporate welfare programs?
How a Massachusetts Power Plant Illustrates America's Fraught Shift to Green Energy
Brayton Point was a coal-fired plant that tried to clean up its act. Protesters and politicians demanded its closure. A new offshore wind project won't be sufficient to replace it.
The Democrats' New Inflation Bill Includes Tax Credits for Electric Vehicles That Don't Exist
Even Democrats are criticizing the bill's unrealistic expectations.
