The Government Has Made College an Overpriced Scam
Thankfully, you don't need fancy dining halls or a college degree to have a good life or get a good job.
Subsidies
Baltimore Orioles Owners Demand Even More Unnecessary Taxpayer Money
Apparently $600 million to improve a very nice stadium isn’t enough.
Yellow Corporation To Close, Lay Off 30,000 Employees, and Likely Default on $700 Million Pandemic Aid Loan
The company blames much of its problems on the Teamsters trucking union's "intransigence," while the Teamsters say Yellow is delinquent on benefit payments.
Industrial Policy Isn't About Creating Jobs
It's a short-sighted approach that distracts us from the more important question.
Taiwanese Company Demands U.S. Taxpayers Cover the Higher Costs of Making Semiconductors in Arizona
Taiwan Semiconductor Manufacturing Company cites regulatory costs and a lack of skilled workers as specific impediments. Biden and Congress can fix those without giving out billions of taxpayer dollars.
Giving Away Taxpayer Money Is Not the Best Way To Attract Investment
State and countries should make their business climates more attractive to investment, not just dole out taxpayer money.
'Bidenomics' Is Nothing New
It's a familiar program. And it will result in higher prices, slower growth, and fewer jobs.
Buy Your Own Damn E-Bike
The popularity of e-bike subsidies doesn't mean these programs are creating more e-bike riders.
Ohio E.V. Manufacturer Fails Despite Millions in Taxpayer Subsidies
Lordstown Motors received $24.5 million to operate an Ohio factory. G.M., the factory's previous owner, received $60 million before shuttering it.
The Oakland Athletics Just Showed Why They Don't Need Taxpayers To Buy Their New Stadium
But it didn't matter, as Nevada lawmakers approved a $600 million handout to the team.
The Rail Safety Act Is About Union Handouts, Not Safety
The legislation—which was introduced in response to the derailment in East Palestine, Ohio—pushes pet projects and would worsen the status quo.
Movie Industry Says Georgia's Film Tax Credits Are Great. State Auditors Say They're a Waste of Money.
Contradicting a new report funded by entertainment industry advocates, state auditors have cast significant doubts on the tax credit program's actual effectiveness.
U.K. Think Tank Warns Government Not To Get Into E.V. 'Subsidy Race'
Rather, Downing Street should prioritize "stability in government policy," cautions Policy Exchange's Geoffrey Owen.
Michigan Has Given the E.V. Industry $1.4 Billion and Counting
Carmakers don't need a crony-capitalist slush fund.
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.