Prices rise. People blame capitalism. Politicians promise "solutions." President Donald Trump wants to cap credit card interest rates. My socialist mayor wants to freeze rents. Sen. Elizabeth Warren (D–Mass.) wants…
At the federal level, Republican-written AI bills tend to be less concerned with policing how individuals use the technology than with regulating the development and deployment of the underlying technology—large language…
Adani Samat/Reason/Envato/Midjourney As many Americans have learned over the past year since "Liberation Day," tariffs can warp supply chains in a variety of ways. Most importantly, they raise prices for consumers.…
Gabriel Boric, the former student radical who rode a wave of left-wing unrest into Chile's presidency in 2021, left office Wednesday, replaced by José Antonio Kast, a right-wing populist who secured a landslide victory…
Louisiana, a state notorious for high occupational licensing barriers and below-average household median income, may soon create one of the strictest hair braiding licensing requirements in the country. Although the Pelican…
Live Nation Entertainment and the federal government have reached an agreement to end a yearslong antitrust lawsuit. If you think that's going to make your Bad Bunny tickets cheap, think again. On Monday, Politico…
Few books can be said to have withstood the test of time 250 years later, but Adam Smith's An Inquiry into the Nature and Causes of the Wealth of Nations (usually shortened to The Wealth of Nations), published for the…
America's health care system consistently ranks as the most expensive in the developed world. It's not, as some politicians claim, expensive because markets have failed. It's expensive because the market has…
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…
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,…
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