Legislation to restrict assessment of credit card interchange fees has been proposed in multiple states this year, but is unlikely to pass in any. Progressive Democrats like Senator Bernie Sanders ...

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. Zohran Mamdani's campaign ...

First comes price controls, then comes rationing. The latter follows logically from the former, either via market mechanisms ...

The House of Representatives just passed a resolution condemning the “horrors of socialism” by a 285 to 98 margin. All the no votes were cast by Democrats indicating that a majority of the members ...

ABOUT THE AUTHOR: Allison Schrager is a Bloomberg Opinion columnist covering economics. A senior fellow at the Manhattan Institute, she is author of “An Economist Walks Into a Brothel: And Other ...

Karl Marx famously said that history repeats itself first as tragedy, then as farce. Vice President Kamala Harris is bringing that aphorism to life by putting price controls at the center of her ...

Ever since college, I have subscribed to the Enlightenment view of the world, which is based on the belief that knowledge mostly moves forward. Experimentation and scholarship produce facts and ...