Free Markets
Small businesses still waiting for refunds after SCOTUS strikes down Trump tariffs
After being charged billions of dollars under President Donald Trump's unlawful tariff scheme, American business owners are now facing the prospect of a lengthy, costly process to obtain refunds—payments that some expect…
Europe’s labor rules are holding it back
Last week, the U.S. Department of Labor proposed a new rule that would increase the flexibility of independent contractors and reduce employment costs for app-based service companies, such as Uber and DoorDash. Specifically,…
This taxation is looking a lot like theft
There is a word to describe the illegal taking of money or property, followed by a refusal to return the stolen goods. Theft. Now, as a libertarian, I am effectively obligated to remind you here that, yes, all taxation is…
Trump’s tariffs are not going to eliminate the income tax
It's been a chaotic few days for President Donald Trump's tariff policies, but one thing remains very true: Tariffs are not going to offset the federal income tax anytime soon. "As time goes by, I believe the…
The FDA’s approach to medical AI is a win for health-conscious consumers
Under new Food and Drug Administration (FDA) guidance on "low risk" wearable technology and software, AI-powered health tools are rapidly expanding, leading to major implications for cost, access, and consumer…
Fix the AI electricity ‘crisis’ by unleashing market forces
The rapid growth of artificial intelligence is causing an AI power crisis, as the electricity demands of massive AI data centers are straining existing power grids and outpacing the development of new energy sources. This has…
Yes, the middle class is shrinking—because it’s moving up
"The middle class is shrinking" might be the assertion of the decade. Progressives and populists alike use it to justify nearly all government interventions, from tariffs to minimum-wage hikes to massive spending to…
Florida governor candidate proposes 50 percent tax on OnlyFans creator revenue
Politicians proposing extra taxes on pornography purchases or proceeds is nothing new. But Florida gubernatorial candidate James Fishback's porn tax proposal stands out for the extraordinary paternalism that comes along…
Polymarket returns to U.S. users after a nearly 3-year hiatus
Talk is cheap—but Polymarket lets you put your money where your mouth is. Nearly four years after being shut down by the Commodity Futures Trading Commission (CFTC), the online betting company that allows you to stake money…
Zohran Mamdani won’t ruin New York City’s economy
In the February/March 2026 issue of Reason, we explore Mayor-elect Zohran Mamdani's policy goals and what they mean for New York City. Click here to read the other entries. When I first took a road trip to New York as a…
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