Economics, Bailouts, Stimulus 
"Thank goodness for Reason.... one sane voice fighting tons of nonsense."
John Stossel, ABC's 20/20
"Reason Foundation’s tolerance, civility, and consistency in defending individual liberty make it a haven for believers in a free society of all shades of opinion."
Milton Friedman, Nobel Laureate in Economics
"Reason has excellent discussions of economic, political, and social issues. It does not simply assume the case for free markets and free choice, but persuades readers with careful analysis."
Gary S. Becker, Nobel Laureate in Economics
Recent Research and Commentary
New At Reason: Treating Wall Street Like the Mafia
November 20, 2009, 2:23pmI have a new commentary posted at Reason Online looking at how Sen. Dodd's new Agency for Financial Stability would be the financial equivalent for the FBI seeking to take down La Cosa Nostra.
Treating Wall Street Like the Mafia
Chris Dodd's Agency for Financial Stability will give too much power to federal regulators
November 20, 2009Dodd’s plan for overhauling Wall Street regulations, released last week, includes a proposed new organization: the Agency for Financial Stability (AFS). This new regulator would be tasked with identifying and addressing “systemic risks posed by large, complex companies as well as products and activities that can spread risk across firms.” This represents one piece of the most extensive proposal to reform financial services regulation—topping even the ridiculousness of the Obama plan and Barney Frank plan. Which is saying a lot.
Don't Let Banks Keep Disguising Risk
November 20, 2009, 10:24amIronically, both ideas for creating a systemic risk regulator are dangerous to the health of the financial sector. For instance, the ABA is attempting to persuade Congress that the safety and soundness of the banking system will be protected if a systemic risk regulator can prescribe accounting disclosures for financial companies. Investors will assume that the accounting standards they employ are designed to mask risks.
Worse Than Taxes
The real burden of government is the spending level
November 19, 2009Hidden taxes are more pernicious because they disguise what we pay for government. We blame merchants, not our legislators, for the high price of gasoline, liquor, cigarettes, and phone calls, but the money goes to the political thieves.
Congress Plans "Too Big To Fail" Witch Hunts
November 19, 2009, 11:18amBefore long, the witch hunts, partially to exact vengeance for the financial crisis, partially out of of political ideology, will start. And the meantime, the threat of having the government gunning for the overly successful will be sure to be a disincentive to growth.
GAO: Stimulus Program Has Significant Reporting Problems
November 18, 2009, 4:30pmThe lack of reporting reliability for the stimulus program points to the fundamental flaw in the program to begin with: no one really knows what a job "saved" or "created" is, let alone how to report it.
View Resources by Type
StudiesBlog PostsOp-EdsReason.comReason.tv
- Treating Wall Street Like the Mafia
Chris Dodd's Agency for Financial Stability will give too much power to federal regulators
Anthony Randazzo
November 20, 2009 - Worse Than Taxes
The real burden of government is the spending level
John Stossel
November 19, 2009 - Globalization With a Human Face
Jagdish Bhagwati on the trouble with protectionism, how to deal with climate change, and why NAFTA was bad for free trade.
Shikha Dalmia
November 18, 2009 - Bernanke's Philosopher
The Fed chairman is portrayed as a follower of John Maynard Keynes, but his real inspiration is Milton Friedman
Penn Bullock
November 17, 2009 - Where's That Inflation?
The monetary base has ballooned, yet inflation remains far off. Or does it?
Veronique de Rugy
November 17, 2009 - The U.S. House of Presumptuous Meddlers
The folly of health care "reform"
John Stossel
November 12, 2009 - The Secret Message of Stimulus Spending
Even the feds don't believe they can create jobs
Veronique de Rugy
November 3, 2009 - A Hard Pill to Swallow
Is the stimulus turning the economy around?
Jacob Sullum
October 29, 2009 - Self-Governance Works
Elinor Ostrom's research shows that free people can overcome the "tragedy of the commons"
John Stossel
October 29, 2009 - 'The Last Gasp of the Dinosaurs'
Publisher and flat-tax Republican Steve Forbes on 1930s-style economic policies, the news industry, and the future of the GOP
Matt Welch
October 28, 2009 - Fed Up
The political movement to curtail the Federal Reserve goes from fringe to mainstream
Brian Doherty
October 27, 2009 - Financial Market Reform
Why new regulations must avoid moral hazards
Jeffrey Miron
October 27, 2009 - Consumer Financial Protection Vagary
Congress confuses the causes of the financial crisis—on purpose
Katherine Mangu-Ward
October 23, 2009 - A Nobel Prize for Showing That Freedom Works
Why Elinor Ostrom won
John Stossel
October 22, 2009 - In Health Care, Nobody Knows Anything
Two new industry studies reignite the debate about what makes health care so expensive
Ronald Bailey
October 20, 2009 - In Praise of Doing Nothing
Why saying "no" does not equal saying "yes" to the status quo
David Harsanyi
October 20, 2009 - The Myth of the Multiplier
Why the stimulus package hasn't reduced unemployment
Veronique de Rugy
October 19, 2009 - Treating the Elderly Like Spoiled Brats
The case against giving a tax-free bonus to Social Security recipients
Steve Chapman
October 19, 2009 - The New Deal Made Them "Right"
Remembering FDR's principled liberal opponents
Damon W. Root
October 16, 2009 - Mortgage Madness, Again
The trouble with the Federal Housing Authority's easy-money policies
Steve Chapman
October 15, 2009 - Elinor Ostrom on the Market, the State, and the Third Sector
The remarkable achievements of the Nobel Prize-winning economist
Paul Dragos Aligica
October 12, 2009 - Three Guiding Principles for Reforming Wall Street
Cure the problems, don't create new ones
Anthony Randazzo
October 12, 2009 - President Obama's Plan to Help Consumers Will Hurt Them
There are good ways of reforming consumer protection but this isn't it
Anthony Randazzo
October 9, 2009 - The Adventures of a Guilty Liberal
No Impact Man fails to make an impression
Dan Hayes
October 6, 2009 - Marching with Michael Moore
After a rally, union toughs get a sneak peak of Capitalism: A Love Story
Sean Higgins
October 5, 2009 - The Teutonic Turn
In the midst of an economic downturn, German voters go libertarian
Michael C. Moynihan
October 2, 2009 - Success No Matter What?
Don't believe the White House's economic hype
John Stossel
October 1, 2009 - Too Big to Fail Becoming Official Policy
President's Wall Street plan encourages banks to take risks, all but guarantees more bailouts
Anthony Randazzo
September 30, 2009 - Payday of Reckoning
New laws aimed at kneecapping payday lenders will end up hurting the poor
Katherine Mangu-Ward
September 25, 2009 - The Truth About Media Bias
Every reporter has political beliefs
John Stossel
September 24, 2009 - Anarchy in PA
The last thing Pittsburgh needs is the G-20 Summit
Bill Steigerwald
September 23, 2009 - Doubling Down on Climate Change
Activists want America to reduce emissions to 1960s levels. Is that even possible?
Ronald Bailey
September 22, 2009 - Inflation Returns!
Free market economists debate the prospects, fears, and even hopes for rising prices in post-crises America
Peter Schiff, Scott Sumner, Randall Parker, Vernon Smith, Katherine Mangu-Ward, Jeffrey Rogers, James Grant, Steven Gjerstad and Donald Luskin
September 22, 2009 - Marching with Michael Moore
After a rally, union toughs get a sneak peak of Capitalism: A Love Story
Sean Higgins
September 21, 2009 - The Debtorship Society
More Americans became "homeowners" while owning less and less of their homes
Tim Cavanaugh
September 21, 2009 - The Revenge of Ross Perot
Obama's policies are making Americans worry about the national debt
Steve Chapman
September 17, 2009 - Rebuilding Wall Street
Suggestions for Reforming Financial Services Regulation
Anthony Randazzo
September 15, 2009 - Obama's Health Care Plan: Put Up and Shut Up
More broken promises from the candidate of change
Shikha Dalmia
September 14, 2009 - About That Detroit Renaissance
Don't believe the hype
Shikha Dalmia
September 11, 2009 - TARP Tall Tales
Phase 1: Spend $700 billion, Phase 2: ??, Phase 3: Profit?
Katherine Mangu-Ward
September 3, 2009 - Clunker Legislation
The economic illiteracy behind Cash for Clunkers
John Stossel
September 3, 2009 - Friedman Economics
Is Fed chairman Ben Bernanke a follower of John Maynard Keynes or Milton Friedman?
Penn Bullock
September 1, 2009 - The Evil-Mongering of the American Medical Association
Obama's cozy relationship with Big Medicine will hurt patients
Shikha Dalmia
August 27, 2009 - High-Speed Rail Fails As a Jobs Program
Everyone from Rep. Cantor to President Obama promotes inflated job numbers for train plans
Samuel Staley
August 17, 2009 - Big Business Goes Big for Health Care Reform
Why drug companies and insurance providers are backing ObamaCare
John Stossel
August 13, 2009 - Cash for Clunkers Destroys Wealth and Resources
Program isn't delivering on its eco-goals
Shikha Dalmia
August 12, 2009 - Cash for Climate
How to get your money's worth on climate change geoengineering
Ronald Bailey
August 11, 2009 - The Real Clunkers in this Deal
Why "cash for clunkers" is a terrible idea
Steve Chapman
August 10, 2009 - Policymakers Turn to Privatization Amid Prolonged Government Fiscal Crises
Privatization, public-private partnerships increasingly prominent in fiscal policy debates
Leonard Gilroy
August 6, 2009 - Little Bitty Bang Bang
The trouble with "cash for clunkers"
David Harsanyi
August 5, 2009 - Taxing the Net
Sales tax cartel
Brian Doherty
August 3, 2009 - The Failure of African Aid
Michael C. Moynihan
August 3, 2009 - Parking Pass
Privatization gone wrong
Samuel Staley
August 3, 2009 - The Re-Election Campaign of Ben Bernanke
The Federal Reserve chief fights for his future. Why is he bothering?
Brian Doherty
July 30, 2009 - The Myth of Free-Market Health Care in America
Why other Western countries offer no panacea for American woes
Shikha Dalmia
July 30, 2009 - A Minimum Wage Equals Minimum Jobs
The unseen costs of minimum wage laws
John Stossel
July 30, 2009 - A Hole They Dug for Themselves
There's nothing surprising about the crises in state budgets
Steve Chapman
July 30, 2009 - The Dangerous Minimum Wage Mirage
Why raising the minimum wage will hurt workers and worsen the economy
Steve Chapman
July 23, 2009 - What's Next, Mr. President—Cardigans?
The real reasons why Barack Obama's domestic agenda is faltering
Nick Gillespie and Matt Welch
July 19, 2009 - The Future of the Financial System, Part II
Interview with FEE Chairman Wayne Olson
Anthony Randazzo
July 16, 2009 - Why Poor Countries Won't Curb Emissions
Massive greenhouse gas reductions would require developing countries to abandon plans to ever conquer poverty
Shikha Dalmia
July 15, 2009 - Automakers Bailout Is Illegal, Illiberal and Ill-fated
Why Washington shouldn't run Detroit
Jacob Sullum, Matt Welch and Ronald Bailey
July 14, 2009 - Bailouts, Stimulus or Do Nothing?
Doing nothing new would have been much better than anything we've done so far
Jeffrey Miron
July 14, 2009 - California Screaming: The Budget Deficit Blame Game
Golden State's political class comes unglued in the face of a citizens' revolt
Matt Welch
July 14, 2009 - Corporate Tax Burden Is Already a Whopping 40 Percent
President Obama's new corporate tax plan will increase what's already the highest unemployment rate since 1983
Veronique de Rugy
July 14, 2009 - The Employee Free Choice Act and Binding Arbitration
EFCA is destructive to the rights of employers and workers, and the economy
Shikha Dalmia
July 14, 2009 - Return to the Moon
Unless it's profitable, it won't be permanent
Ronald Bailey
July 14, 2009 - The Future of the Financial System
Interview with FEE Chairman Wayne Olson
Anthony Randazzo
July 14, 2009 - Why We'll Leave L.A.
Arbitrary and capricious behavior by local lawmakers is chasing business out of the City of Angels
Rick Newcombe
July 10, 2009 - Unemployment Statistics are Signaling Economic Recovery
How a look at the unemployment data reveals economic recovery may sooner than expected
Anthony Randazzo
July 9, 2009 - (Un)Happy New Fiscal Year
States need fundamental budget/spending reforms to weather the fiscal storm
Leonard Gilroy
July 6, 2009 - The Cost of Doing Something
Declaiming the price of "inaction" is a perennial argument for big government and bad law
Matt Welch
July 1, 2009 - Obama Pulls an Agency Out of His...Hat
Rhetorical sleight of hand on the new Consumer Financial Protection Agency
Katherine Mangu-Ward
June 26, 2009 - Regulation Proposals Could Lead to JP Morgan Mae and Citi Mac
The White House regulation proposal will inadvertently turn private companies into government sponsored enterprises
Anthony Randazzo
June 25, 2009 - I, Toaster
A British artist inadvertently brings Leonard Read's classic essay "I, Pencil" to life.*
Radley Balko
June 24, 2009 - The Myth of Financial Deregulation
Government action caused the economic crisis, not the free market
Anthony Randazzo
June 22, 2009 - The Invisible Hand of Population Control
The tragedy of the commons meets economic freedom
Ronald Bailey
June 16, 2009 - Dickens Is Back. Watch Your Wallet.
If you want to understand the economy, don't turn to the author of Oliver Twist for answers.
Tim Cavanaugh
June 16, 2009 - Sympathy for the Investment Banker
Who killed Bear Stearns? After all, it was you and me.
Tim Cavanaugh
June 15, 2009 - Indulging Our Health Care Fantasies
The problem with Obama's health care plan
Steve Chapman
June 15, 2009 - Baffled by the Economy
Why being a macroeconomist means never having to say you're sorry
Steve Chapman
June 11, 2009 - Is America Following the Policies that Caused Japan's "Lost Decade"?
Federal government is repeating many of the same mistakes that created Japan's Lost Decade
Anthony Randazzo, Adam Summers and Michael Flynn
June 10, 2009 - Government Motors
The trouble with Washington running a car company
Steve Chapman
June 8, 2009 - Save the Motherland: Buy GM!
The trouble with preserving a prehistoric, poorly run, and unprofitable private corporation
David Harsanyi
June 3, 2009 - How Not to Run G.M.
Obama's environmental and employment goals could undermine profitability
Jacob Sullum
June 3, 2009 - The Federal Deficit Grows and Grows
President Obama's first budget promises "fiscal responsibility"—and delivers the opposite.
Veronique de Rugy
June 1, 2009 - Nostalgianomics
Liberal economists pine for days no liberal should want to revisit
Brink Lindsey
May 26, 2009 - The Lure of the Czars
It took the Romanovs almost 300 years to produce 18 czars. Obama did it in less than 100 days.
Katherine Mangu-Ward
May 22, 2009 - Blackbeard Economics
The surprising, and surprisingly tame, self-organization of pirates
Katherine Mangu-Ward
May 21, 2009 - China's Rocket to Modernity
Why "socialism with Chinese characteristics" looks a lot like capitalism
Steve Chapman
May 21, 2009 - The Housing Boom and Bust
Thomas Sowell on how government policies made the housing crisis possible
Brian Doherty
May 20, 2009 - Coming to Your Garage: Le Car
The trouble with the government's new automobile emissions and efficiency standards
David Harsanyi
May 20, 2009 - Cap-and-Trade Delusions
Proponents need to stop pretending cap-and-trade will cost nothing and create tons of jobs
Ronald Bailey
May 19, 2009 - Seeing is Believing
It's time for Obama to keep his promise about stimulus transparency
Veronique de Rugy and Eileen Norcross
May 12, 2009 - Barter Country
As the economy suffers, a nation turns toward cashless transactions
Greg Beato
May 12, 2009 - If You Can't Handle the Stress Test...
Are the Democrats tired of being the bear in the china closet?
Tim Cavanaugh
May 8, 2009 - The Economic Impact of President Obama's Health Care Tactics
No major industrialized economy with universal health care has performed better than the U.S. in the last decade
Shikha Dalmia
May 6, 2009 - Chavez Takes Charge
A Venezuelan chronicles his president's evolution from democrat to dictator
Antonio Rumbos
April 30, 2009 - Stages of Denial
Take pity on the left as it grapples with the tea party revolt
Matt Kibbe
April 29, 2009 - Soundbite: The Raw Deal
Damon W. Root
April 29, 2009 - Obama's Vision Deficit
After 100 days, the new president has revealed himself as an effective salesman of exhausted ideas
Nick Gillespie and Matt Welch
April 29, 2009 - Meddling Congress Wants to Set Your Pay
It started with CEOs, now Congress wants to tell bank tellers and janitors how much they can make too
Anthony Randazzo
April 29, 2009 - President of Everything
Obama's executive grasp includes our entire lives
Brian Doherty
April 27, 2009 - Is the Government Acting Like a Payday Lender?
Banks want to pay back their bailout loans early, but Treasury doesn't want to let them go
Katherine Mangu-Ward
April 23, 2009 - When Do Deficits Matter?
While Democrats and Republicans switch sides, economists try to pin down a tipping point
Veronique de Rugy
April 20, 2009 - The Truth About the Tea Parties
It's the government spending, stupid
Steve Chapman
April 20, 2009 - Feds Should Allow the Market to Work Freely
The consequences of federal intervention in the financial system
Anthony Randazzo and J. Dustin Pope
April 16, 2009 - Will We Be Stimulated?
Economists sound off on Obama's stimulus package
Nick Gillespie
April 15, 2009 - Managed Destruction, or, Where Are the Paleo-Schumpeterians When We Need Them?
Can Carlota Perez save the global economy?
Tim Cavanaugh
April 9, 2009 - State Governments Face Deficits and Fiscal Trouble Because of Spending
From 2002 to 2007, state spending rose 50 percent faster than inflation
Adam Summers and Michael Flynn
April 9, 2009 - Obama's Double-Talk
While the president talks sobriety, his policies take America on an economic bender
Matt Welch
April 3, 2009 - Obama's Losing Bet on Detroit
Nationalization won't save General Motors
Steve Chapman
April 2, 2009 - GM Should Run To Bankruptcy Court
By avoiding bankruptcy, GM only risks trading union demands for federal tyranny
Shikha Dalmia
April 2, 2009 - India's Faulty Exceptionalism
India isn't suffering during this global slowdown, but needs more openness to trade
Shikha Dalmia
April 1, 2009 - Economic Forecast
Peter Schiff
March 30, 2009 - Briefly Noted: Marketplace of Ideas
Damon W. Root
March 30, 2009 - Gimme Some Sugar
Pepsi and Pizza Hut go au naturel, but still make you fat
Katherine Mangu-Ward
March 27, 2009 - Rolling Out TARP II
Creating an unnecessarily subsidized market in toxic assets
Anthony Randazzo
March 27, 2009 - Whitewashing FDR
A New Deal apologia arrives just in time for Barack Obama
Daniel Rothschild
March 26, 2009 - No End in Sight
Obama needs a bailout exit strategy
David Harsanyi
March 25, 2009 - Does Nature Have Economic Value?
Ecological economists know the price of everything--and the value of nothing
Ronald Bailey
March 24, 2009 - Government Officials Say Sweeping Financial Overhaul Is Coming
New financial regulations could make things worse if Congress isn't careful
Anthony Randazzo
March 23, 2009 - All the President's Newsmen
The stupidity of getting government involved in the journalism business
Michael C. Moynihan
March 23, 2009 - The Power to Destroy
Is it legal for Congress to target the AIG bonuses?
Steve Chapman
March 23, 2009 - Goodbye Chang, So Long Singh
America's real immigration problem will soon be returning emigres
Shikha Dalmia
March 23, 2009 - You Will Be Stimulated!
Why the states should refuse the stimulus
Brian Doherty
March 20, 2009 - Snake Oil Economics
Why Jon Stewart and Jim Cramer are both wrong about short-selling
John Berlau
March 20, 2009 - The End of Financial Privacy
Why Switzerland, Luxembourg, and Austria caved on protecting its foreign investors
Veronique de Rugy
March 20, 2009 - Making Sure the Broadband Stimulus Money Isn't Wasted
How to find the areas not being served, and unlikely to get high-speed Internet services
Steven Titch
March 20, 2009 - Even During the Recession Private Companies Are Investing In Ports
Private sector is driving modernization efforts
Shirley Ybarra
March 19, 2009 - Obama's Unkeepable AIG Promise
President vows "never" again on bailouts, yet his policy remains too big to fail
Matt Welch
March 19, 2009 - 'We Have a Lot of Work to Do'
ABC's John Stossel on defending the market from within the liberal media
Ted Balaker
March 19, 2009 - Punitive Damage
Congress is in a lynching mood over bailouts and bonuses
Steve Chapman
March 19, 2009 - Buyer's Remorse
The government's phony outrage over the AIG bonuses
David Harsanyi
March 18, 2009 - Stimulating Ourselves to Death
They might sound great, but do stimulus packages work?
Veronique de Rugy
March 17, 2009 - Divide and Conquer
The American Federation of Labor's shameful record on race
Damon W. Root
March 13, 2009 - Now You Own It, Mr. President
Obama's policies have made the recession worse
David Harsanyi
March 11, 2009 - Fear Is the Economy's Biggest Problem Right Now
Obama has followed Bush and Paulson's lead using fear to push bailouts and policies
Anthony Randazzo
March 6, 2009 - Are We All Socialists Now?
It depends on what the meaning of "socialism" is
Cathy Young
March 5, 2009 - Why I Miss Bill Clinton
And why the Democrats will, too
Steve Chapman
March 5, 2009 - Obama's Charitable Taking
When tax increases are "savings," reach for your wallet
Jacob Sullum
March 4, 2009 - How Big Government Infrastructure Projects Go Wrong
Lessons from the Tennessee Valley Authority
Jim Powell
March 2, 2009 - The Liberaltarian Jackalope
The liberal-libertarian rapprochement is probably dead on arrival
Matt Welch
March 2, 2009 - The Two Faces of Barack Obama
A president contradicts himself all night long
Matt Welch
February 25, 2009 - Detroit as the Prodigal Son
Why is the government rewarding failure?
Steve Chapman
February 23, 2009 - Detroit as the Prodigal Son
Why is the government rewarding failure?
Steve Chapman
February 23, 2009 - Here's What $800 Billion Buys Today
The final stimulus package is the final insult to taxpayers
Veronique de Rugy
February 13, 2009 - Why the Stimulus Plan Won't Work
And several ideas that might
Veronique de Rugy
February 13, 2009 - Corporate Workfare
Wall Street's bailout money comes with strings attached
Jesse Walker
February 11, 2009 - The Reason.com Stimulus Symposium
Leading economists sound off on the $800 billion stimulus package
February 11, 2009 - Fear Is His Friend
Obama takes a page from Bush's crisis management book
Jacob Sullum
February 11, 2009 - 800 Billion Reasons To Be Worried
The Senate stimulus bill should only stimulate taxpayer anger
Veronique de Rugy
February 10, 2009 - 'I Think the SEC Was Distracted'
Outgoing Securities and Exchange Commissioner Paul Atkins talks about bailouts, hedge funds, and what he thinks the SEC should have been regulating
Matt Welch and Nick Gillespie
February 10, 2009 - Dissatisfaction Guaranteed
The federal government should stop guaranteeing loans
Veronique de Rugy
February 9, 2009 - Economic Change We Can Believe In
To improve the economy, eliminate the corporate income tax
Jeffrey Miron
February 6, 2009 - The Benefits of Tax Cuts and Alternatives to Stimulus Spending
Seven steps Congress should take to end the recession and jumpstart the economy
Anthony Randazzo
February 4, 2009 - Government Intervention Might Delay the Economic Recovery
Every recession contains the seeds of its own regeneration
Shikha Dalmia
February 4, 2009 - No Hope For Bad Debtors?
Why nobody's cramming for the great mortgage test
Tim Cavanaugh
February 3, 2009 - Your Money or Your Democracy
It's the most privileged industries that demand protection
Matt Welch
February 2, 2009 - The Fallacy of "Fiscal Stimulus"
Stimulus during the Great Depression delivered an unemployment rate of 25 percent
Adam Summers
February 2, 2009 - How to Sell a Mess
What "stimulus" advocates learned from the push for war with Iraq
Jesse Walker
January 29, 2009 - Obama's Green Snake Oil
The president continues to ignore the cost of his global warming plan.
Jacob Sullum
January 28, 2009 - A Newer Deal?
Recession to depression
Nick Gillespie
January 27, 2009 - Huge Stimulus Plan Won't Change the Education System's Status Quo
Throwing money at failing schools won't boost test scores or graduation rates
Lisa Snell
January 27, 2009 - Transportation Spending Won't Stimulate Economy
Infrastructure projects aren't really ready-to-go and using private sector financing could save taxpayers hundreds of billions
Shirley Ybarra and Anthony Randazzo
January 27, 2009 - Repeating Our Economic Woes
It's time to stop the cycle of spending
Steve Chapman
January 22, 2009 - Obama Needs to Push for Online Stimulus Transparency
Government may have already spent $8.4 trillion in bailouts and stimulus, where did it all go?
Anthony Randazzo
January 21, 2009 - Where Did Bush Go Wrong?
A depressing look back on eight years of arrogance, power lust, and incompetence
Steve Chapman
January 15, 2009 - The Next Catastrophe
Think Fannie Mae and Freddie Mac were a politicized financial disaster? Just wait until pension funds implode
Jon Entine
January 12, 2009 - The Empty Case for More Regulation
The Madoff scandal shows why bigger government isn't the answer
Steve Chapman
January 8, 2009 - Practical Reasons Why Stimulus Spending Doesn't Work
Tax cuts are much preferable way to stimulate economic growth
Anthony Randazzo
January 8, 2009 - Making Sure Infrastructure Stimulus Isn't Pork Parade
There were 6,371 earmarks in the last highway bill
Samuel Staley and Adrian Moore
January 7, 2009 - Schwarzenegger's Failure
If the California governor is the face of "moderate" Republicanism, the party is even more doomed than the 2008 elections suggest
Matt Welch
January 5, 2009 - Why 2009 Will be Worse than 2008
We are not out of the woods yet
Jeff Taylor
January 2, 2009 - Economics Actually
Michael C. Moynihan
January 1, 2009 - Better Than a Bailout
Four steps policy makers could take to help financial markets
Philippe Lacoude and Veronique de Rugy
December 31, 2008 - Artifact: Transparency in Action
Secrets of the bailout
Radley Balko
December 26, 2008 - Houses of Pain
When did declining home prices become politically intolerable?
Tim Cavanaugh
December 23, 2008 - Tom Daschle's Plan for Health Care Rationing
How the new health czar would save money by limiting care
Ronald Bailey
December 23, 2008 - The Growing Case for Inflation
Why rising prices will help the economy
Steve Chapman
December 22, 2008 - A $50 Billion Ponzi Scheme
More laws and further regulation wouldn't have prevented the Bernard Madoff scam
Anthony Randazzo
December 18, 2008 - Lessons From the Great Inflation
Paul Volcker and Ronald Reagan's forgotten miracle created a quarter century of prosperity--and a dangerous bubble of complacency
Robert J. Samuelson
December 18, 2008 - Return of the Living Dead
What the U.S. can learn from Japan's failed experiment with "zombie businesses"
Anthony Randazzo
December 17, 2008 - Illegal Lending Practices
Bush's plan to help carmakers is not authorized by law
Jacob Sullum
December 17, 2008 - A Good Deal For Big Three Workers
Compared with Japanese counterparts, they pay less for health care
Shikha Dalmia
December 17, 2008 - The Fed's Binge
How the Federal Reserve engineered the most dramatic peacetime experiment in monetary and fiscal stimulus in U.S. history without anyone noticing
Jeffrey Rogers
December 16, 2008 - With Bailouts, Stimulus Politicians Look Only at the Short-term
Quick-fixes to the economy only prop up status quo, make problems worse
Anthony Randazzo
December 11, 2008 - Stimulus Shouldn't Be an Excuse for Pork
The nation's mayors have presented a revealing wish list to Washington
Robert Poole
December 10, 2008 - All Infrastructure Spending Is Not Created Equally
Randomly pouring billions of dollars into roads won't fix nation's gridlocked transportation system
Samuel Staley and Adrian Moore
December 5, 2008 - It's 65 Million B.C. for the Detroit Three
Why use taxpayer money to postpone the inevitable?
Shikha Dalmia
December 2, 2008 - President-elect Obama's Budget Problems
Cure the economy or tackle climate change
Shikha Dalmia
November 26, 2008 - Economic Downturn Didn't Cause State Budget Deficits
What Texas and Florida can teach other states about spending and budget shortfalls
Leonard Gilroy
November 26, 2008 - Are You Better off Than You Were 40 Years Ago?
Government has grown, but freedom has grown faster
Veronique de Rugy
November 24, 2008 - "Socialism" is Not the Problem
Obama's big government liberalism is bad enough
Steve Chapman
November 24, 2008 - Financial Reversals
Everything bad is good again
Jacob Sullum
November 19, 2008 - Congress Shouldn't Bailout Big Three
Taxpayer money won't save dying Detroit
Anthony Randazzo
November 18, 2008 - Three Predictions for Obama's America
Will the next president be a game-changer or agent of the awful status quo?
Nick Gillespie
November 6, 2008 - "Do Libertarians Fit in a Liberal World?"
And if they do, are they still libertarians?
Todd Seavey
November 5, 2008 - Obama's Economic Mythology
Is the middle class really in decline?
Steve Chapman
October 30, 2008 - You Choose, You Lose
What happens when the two evils are pretty much equal?
Jacob Sullum
October 29, 2008 - Too Big to Fail
Government should send the message that no more bailouts are coming
Anthony Randazzo
October 28, 2008 - "Perfect Storm" Could Accelerate Privatization Trends
MuniNet Guide Interview with Reason's Leonard Gilroy
Leonard Gilroy
October 24, 2008 - Just Say 'No' to More Bond Debt
Voters have to supply the fiscal restraint Sacramento lacks
Adam Summers
October 23, 2008 - Obama's Job Fetish
Beware any politician who promises to create new jobs
Jacob Sullum
October 22, 2008 - The End of Libertarianism and Other Adventures in Financial Policy Fantasy
Don't blame free markets for the current panic
Jeffrey Miron
October 21, 2008 - Don't Count the Private Sector Out in Infrastructure
Infrastructure PPPs remain an attractive investment in the capital "flight to quality"
Leonard Gilroy
October 21, 2008 - The Rise of Disaster Socialism
I've seen the past...and it works
Michael C. Moynihan
October 20, 2008 - Financial Losses Seen and Unseen
The bailout and the broken window
Anthony Randazzo
October 17, 2008 - The Three Major Memes of the Great Bailout Bonanza
What to expect now that free markets have been thoroughly vilified
Nick Gillespie
October 15, 2008 - Either a Borrower or a Lender Be
Under John McCain's mortgage plan, you'd better not be a taxpayer
Jacob Sullum
October 15, 2008 - Not as Bad as You Thought
Why Paul Krugman deserved the Nobel Prize
Arnold Kling
October 13, 2008 - Rescue or Waste?
Why the bailout isn't working
Steve Chapman
October 9, 2008 - Building a Better Bailout
How Washington could have helped the market at no cost to taxpayers. And what it should do if it's hell-bent on spending $700 billion.
Philippe Lacoude and Veronique de Rugy
October 8, 2008 - Pick Your Populism
Learning to fight the right elites
Jacob Sullum
October 8, 2008 - Economy in the Balance
How the bailout is polluting our financial future
Anthony Randazzo
October 2, 2008 - Christmas in October
The secret history of the bailout bill
Michael Flynn
October 2, 2008 - What Would Mises Do?
Confessions of a free-market, anti-bailout operator
Matt Kibbe
October 2, 2008 - The Roots of the Crisis
How did Wall Street get into this mess?
Michael Flynn
October 1, 2008 - Does It Take a Panic to Stop a Panic?
The Wall Street bailout and the perils of bipartisanship
Jacob Sullum
October 1, 2008 - An Expert-Induced Bubble
The nasty role of ratings agencies in the busted housing market
Sandra J. Peart and David M. Levy
September 30, 2008 - Bailout Burns
The Bush Administration and Democrats in Congress were left palming their faces in frustrated defeat. But the crisis hasn't disappeared yet, and neither has the bailout.
Anthony Randazzo
September 30, 2008 - Why Paulson is Wrong
Saving capitalism from the capitalists
Luigi Zingales
September 29, 2008 - Beg, Borrow, or Steal
Why the bailout is a terrible idea
Steve Chapman
September 29, 2008 - Five Questions About the Short-Selling Ban
The government's only answer: Shut up, we're in charge!
Brian Doherty
September 26, 2008 - Defaming Milton Friedman
Naomi Klein's disastrous yet popular polemic against the great free market economist
Johan Norberg
September 26, 2008 - The Great Bailout Brouhaha
Free market economists weigh in on Paulson's plan
September 25, 2008 - Bailout Bums
Libertarian-minded Republicans are caught with their pants down as Wall Street panics the Capital City
David Weigel
September 25, 2008 - Hank Paulson's Countdown to Armageddon
How the Chicken Little treasurer is nationalizing the U.S. economy
Tim Cavanaugh
September 25, 2008 - The Case Against the Bailout
Why the government shouldn't save businesses from their bad choices
Steve Chapman
September 25, 2008 - Corporatism, Not Capitalism
The free market has nothing to do with the current crisis
Radley Balko
September 24, 2008 - No More Bailouts!
Congress should unleash the private sector to address the current financial meltdown
Anthony Randazzo
September 23, 2008 - Freddie Mac and Fannie Mae Were Never Privatized
Government-sponsored enterprises dealt with risk and profit differently
Anthony Randazzo and Samuel Staley
September 18, 2008 - What's So Republican About These Economics
"Reform" night didn't really mention any McCain reforms, but it did celebrate economic incoherence
Matt Welch
September 4, 2008 - Everything New Democrat Is Old Again
The Third Way has become the Third Rail, but have the Dems really abandoned the free market?
Tim Cavanaugh
August 28, 2008 - Banking on Big Changes
Will the next president use the U.S. Treasury to refloat lending? Signs point to yes.
Jeff Taylor
August 28, 2008 - Obama and Big Government
Should libertarians fear the Democratic nominee?
Steve Chapman
August 28, 2008 - Rx for Economic Pain
It's time to face some uncomfortable truths
Steve Chapman
August 4, 2008 - The Unfortunate Case of Herbert Spencer
How a libertarian individualist was recast as a social Darwinist
Damon W. Root
July 29, 2008 - The Pursuit of Happiness
How economic liberty creates personal fulfillment
Steve Chapman
July 3, 2008
Featured Research
- Taxpayer's Guide to the Stimulus
Where is all that stimulus money going? - State Governments Face Deficits and Fiscal Trouble Because of Spending
From 2002 to 2007, state spending rose 50 percent faster than inflation - Is America Following the Policies that Caused Japan's "Lost Decade"?
Federal government is repeating many of the same mistakes that created Japan's Lost Decade
Experts: Economics, Bailouts, Stimulus
RSS Feeds: Economics, Bailouts, Stimulus
Media Contact
Chris MitchellDirector of Communications
Email
(310) 367-6109
Support Reason
Your tax-deductible gift can help us promote individual liberty, choice, and free minds and free markets.




