Shrinkflation Is Real—and It's Largely Biden's Fault
The president criticized companies for selling "smaller-than-usual products" whose "price stays the same." But it was his and his predecessor's spending policies that caused the underlying issue.
Federal Reserve
Bipartisan Tax Credit Bonanza
Plus: California reparations bills drop, the Biden administration continues the war on gas stoves, and D.C.'s rising crime rate.
David Stockman: Trump's War on Capitalism and Freedom
Reagan's former budget director says Donald Trump killed prosperity—and the GOP's core beliefs in capitalism and freedom.
David Stockman on Why Trump Can't Fix the Debt: 'This Guy Is Part of the Swamp'
Reagan's former budget director says pro-inflation policies destroyed prosperity—and that the only solution is a new, anti-statist political party.
Lyn Alden: Our Money Is Broken
"At its core, money is a ledger," writes the investment analyst in her new book, Broken Money.
Is Our Money Broken?
Join Reason on YouTube and Facebook at 1 p.m. Eastern for a discussion with Lyn Alden about her new book, Broken Money.
Safety First
Plus: Israeli forces get close to Gaza City, scenes from the Sam Bankman-Fried trial, mini-millionaires, and more...
Americans Learned a Lesson About Interest Rates. Washington Has Not.
Higher rates lead to more debt, and more debt begets higher rates, and on and on. Get the picture?
No, Low Interest Rates Did Not Justify Adding Trillions of Dollars to the National Debt
Especially because the once-dismissed possibility of rising rates is now a reality.
Inflation Won't Go Away Until Congress Gets the Deficit Under Control
The Federal Reserve's higher interest rates were supposed to trigger changes to fiscal policy. So far, that hasn't happened.
Inflation Here To Stay?
Plus: DeSantis campaign on life support, Biden climate corps seeks to waste your money, implanting chips into brains, and more…
'Bidenomics' Is Failing Everyday Americans
The big spending has fueled higher inflation, resulted in larger-than-projected deficits, and contributed to a record level of debt.
Caitlin Long on Why Politics Should Stay Out of Banking
The founder of Custodia Bank discusses the future of bitcoin and banking.
Progressives and Populist Republicans Are Coming for Your Credit Card Rewards
New legislation would intervene in the credit card market to help businesses like Target and Walmart, who don't like the fees they have to pay to accept credit card payments.
She's Suing the Fed To Open a Rothbardian Bitcoin Bank
Caitlin Long's Custodia Bank will hold 108 percent of customer funds on deposit...if the Federal Reserve will allow it to open.
Bitcoin's Greatest Test
The FTX meltdown, "Operation Chokepoint 2.0," and a "crypto winter" have only strengthened the resolve of the enthusiasts Reason spoke with at the annual National Bitcoin Conference in Miami.
The Fed Won't Save Us From the Inflation Iceberg
Plus: Was Gerald Ford right to pardon Richard Nixon?
'Cash Is Independence': Ron DeSantis Slams the Government's Plan for Centrally-Controlled Digital Money
"If you don't trust central authority, then you should see this immediately as something that is very problematic," says the Florida governor.
Regulators Seize First Republic Bank and Sell It to JPMorgan Chase
Plus: Twitter complies with a greater portion of government censorship requests, a judge allows an antitrust suit against Google to go forward, and more...
The Biden Administration Reduced the Debt-to-GDP Ratio in the Worst Possible Way
The main driver behind the reduction is inflation—inflation that politicians created with their irresponsible spending.
The Federal Reserve Was Supposed To Ease Economic Instability. Instead, It's Made It Worse.
A responsible political class would significantly reform the organization. Instead, they will likely continue to give it more power.
Apocalypse Tomorrow: Trump's Looming Indictment
Plus: the terrible case for pausing A.I. innovation
Nobel Prize–Winning Economist: Democrats Are Committed 'To Spending Other People's Money'
Vernon Smith weighs in on Biden's budget, how government causes inflation, and why bailing out Silicon Valley Bank was a bad idea.
Balaji's Bet: Bitcoin Hits $1 Million in 90 Days. Live With Balaji Srinivasan, Lawrence White, and Zach Weissmueller
Join Reason on YouTube and Facebook Thursday at 1 p.m. Eastern for a discussion about bank runs, the Fed, and bitcoin.
Of Course, the Trump Indictment Is Political
Plus: A listener asks the editors if the nation is indeed unraveling or if she is just one of "The Olds" now.
Blame the Government for the New Banking Crisis? Live With Lyn Alden, Arnold Kling and Zach Weissmueller
Join Reason on YouTube and Facebook Thursday at 1 p.m. Eastern for a discussion of the Silicon Valley Bank meltdown and bailout of depositors with economist Arnold Kling.
Inflation Isn't Going Away
Prices rose by 0.4 percent in February and core inflation was up 0.5 percent, the third consecutive month that it has increased.
Bailouts Should Not Be the Norm
During the pandemic, the U.S. mortgage market avoided collapse without any bailouts. Here's how.
Yes, There Are Libertarians During Bank Runs
Plus: The editors recommend the best books for sparking interest in free market principles.
How the Fed Broke Silicon Valley Bank
The Fed's anti-inflation measures had to hurt someone.
Everyone Is Learning the Wrong Lessons From the Silicon Valley Bank Collapse
Plus: Fox News troubles, junk statistics about illicit economies, and more...
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.
Did Biden Just Commit America to Another Forever War in Ukraine?
Plus: the editors field a listener question on intellectual property.
Is Inflation Sneakily Starting To Rise Again?
January's consumer price data indicates another drop in annual inflation, but the past three months might tell a different story.
COVID Stimulus Spending Played 'Sizable Role' in Inflation
Fiscal stimulus during the pandemic contributed to an increase in inflation of about 2.6 percentage points.
Should We Abolish the Federal Reserve?
Economists Lawrence H. White and Frederic Mishkin debate whether the Federal Reserve should be replaced with free market institutions.
End the Fed? A Soho Forum Debate
Economists Lawrence H. White and Frederic Mishkin debate whether the Federal Reserve should be replaced with free market institutions.
How the Fed Redistributed Wealth and Encouraged Reckless Corporate Behavior
The Lords of Easy Money argues that the Fed created an economy with nearly irresistible incentives for foolish choices.
Congress and the Federal Reserve Could Be Setting Us Up for Economic Disaster
If lawmakers keep spending like they are, and if the Fed backs down from taming inflation, then the government may create a perfect storm.
City That Forced Landlords To Evict Tenants Suspected of Crimes Will Pay $1 Million To Settle DOJ Lawsuit
Plus: Elon Musk bans Twitter account that tracks his private jet, Iong permit waits to build new apartment buildings in San Francisco, and more...
Inflation Cools to 7.1 Percent, but Still Has a Long Way To Fall
Food prices were up 0.5 percent during November, even as energy prices fell by about 1.6 percent.
Congress' Lame-Duck Legislators Want To Spend Money Like We're Still in a Pandemic
It's especially outrageous when considering the billions of dollars in fraud that took place thanks to COVID-19 relief programs.
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 'Experts' Were Never Going To Fix Inflation
The idea that the Fed has the knowledge necessary to control the economy with perfectly calibrated policies was always an illusion.
Here's Why Biden Is Wrong About the Deficit
His administration has expanded deficits by $400 billion more than expected, even before we count recent spending.
Tumbling Gas Prices Caused Inflation To Fall to 8.5 Percent in July
Prices for food and housing continued to rise but were offset by lower gas and energy prices.
Democrats Are Trying To Push Through Another 'Build Back Better' Bill. It Would Only Make Inflation Worse.
Here's hoping we don't wind up with more of the spending and favoritism that's become so common.