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PokerStars, Full Tilt Poker, the U.S. Attorney and What Just Happened

Yesterday brought a spate of news reports, many of them inaccurate or oversimplified, about a settlement the U.S. Attorney’s office in Manhattan reached with two major international Internet poker...

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Picking Apart Krugman's Ridiculous Housing Op-Ed

Most of the time when I read Paul Krugman's op-eds I disagree with him. I shake my head in frustration that he is misleading tens of thousands of people. I wrestle with the question of why economists...

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Congress Kicks the Can Down the Road on Sustainable Highway Funding

Public Works Financing In finally enacting a reauthorization measure, MAP-21, Congress kicked the can down the road when it comes to sustainable highway funding. Instead of repairing the increasingly...

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Users Experience Symptoms of the Spectrum Crunch

Some 77 percent of wireless phone users who use their phones for online access say slow download speeds plague their mobile applications, according to a new survey from the Pew Internet and American...

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Facebook Tests the Waters of ’Net Gambling

Facebook has quietly launched a real-money online gambling application in the U.K., marking a major thrust of the social networking site into online gambling.The Financial Times is reporting that...

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Private Debt Is Crippling the Economy

Reason.com America’s economic pundits are not very creative. For the past several years, their gripes about economic growth have fallen into several staid categories: Monetary policy (“the Fed should...

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Making the Case for Tolling

The Atlanta Journal-Constitution When transportation experts compare Atlanta's congestion problem with that of comparable large urban areas, one major difference leaps out of the data. Atlanta relies...

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No Cybersecurity Act is Better Than a Flawed One

Displeased with the failure of the Cybersecurity Act of 2012 in the Senate, President Obama has signaled that he intends to move forward, possibly forcing businesses to implement many of the bill's...

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Obama's Flawed Cybersecurity Strategy

President Obama seems to be poised once again to use executive powers to get what Congress won't give him.In this case, it's the imposition of a sweeping set of cybersecurity mandates and regulations...

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Atlanta not "Devastated" by Sales Tax Rejection

Before late July’s transportation sales tax vote in Atlanta, some politicians warned Atlanta voters that rejecting the 1 percent Transportation Special Purpose Local Option Sales Tax (T-SPLOST) would...

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The XpressWest High-Speed Rail Line from Victorville to Las Vegas: A Taxpayer...

This Taxpayer Risk Assessment examines the financial risks to taxpayers of the proposed XpressWest high-spreed rail project from Victorville to Las Vegas. There would be no need for a Taxpayer Risk...

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Study: XpressWest Train Likely to Fail, Costing Taxpayers Up to $6.5 Billion

XpressWest, the proposed high-speed rail line from Victorville to Las Vegas, is based on a series of overly optimistic, outdated market and ridership assumptions that make the project likely to fail,...

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GAO Praises BRT

Several weeks ago the Government Accountability Office (GAO) released a positive study of U.S. based Bus-Rapid-Transit (BRT) systems. Thirteen of the 15 projects that provided study data reported...

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Does the Paul Ryan Choice Ensure a Real Housing Debate?

RealClearMarkets A standard line in the punditry circuit this week has suggested that Mitt Romney's selection of Paul Ryan as his running mate will bring a welcome measure of substance to the race. If...

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The Troubling Persistence of Policy Clichés

A cable TV monopoly is imminent and high prices loom, at least as far as the Associated Press is concerned.That was the angle of a widely syndicated AP story last week reporting that in the second...

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To Avoid Massive Tax Hikes, Privatize State Lotteries

Today my colleague Leonard Gilroy and I published a piece on Real Clear Markets entitled, "To Avoid Massive Tax Hikes, Privatize State Lotteries." The piece begins:As states continue to grapple with...

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Improving Freight Planning and Finance

Earlier this month DC chapters of the Women’s Transportation Seminar, Young Professionals in Transportation and the Transportation Research Forum met to discuss creating and funding a national freight...

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Leaders Discuss Future Federal Role in Transportation

One session at The Institute of Transportation Engineers Annual Meeting and Exhibit in Atlanta focused on the new federal role in transportation under the Moving Ahead for Progress in the 21st Century...

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Gov. Brown's Pension Reform "Outline" Underwhelms

Governor Brown's pension reform "outline" is out.  California is certainly in desperate need of pension reform. Heck that was true back in 2005 when Reason called out the crisis before anyone was...

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Transforming Education at the Local Level: Douglas County Leading the Way

Innovators in Action 2012 Everybody’s talking about education reform and it’s easy to understand why. America’s education system is outdated and broken. While national leaders opine on the subject, a...

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Innovators in Action: Transforming Education in Douglas County, Colorado

Everybody’s talking about education reform and it’s easy to understand why. America’s education system is outdated and broken. While national leaders opine on the subject, a groundbreaking...

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To Avoid Massive Tax Hikes, Privatize State Lotteries

Real Clear Markets As states continue to grapple with ongoing fiscal pressures, some are beginning to explore an innovative new lottery privatization model with the hopes of increasing revenue. To the...

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LaHood Calls Silver Line a Model and Then Rips Agency Building the Line

Transportation Secretary Ray LaHood praised the Silver Line heavy-rail transit project on Monday. Then on Tuesday LaHood castigated the agency building the project, Metro Washington Airports Authority...

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Don't Believe the Near-Term Housing Data...

RealClearMarkets Housing data showing rising prices released over the past week has inspired a chorus of cheers. "The housing market is beginning to find its footing again," exulted CNBC. "The free...

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Texas Transportation Institute Knows how to Measure Congestion

My friends atStreetsblog, upset with the MAP-21 highway bill that revoked the clause allowing entities to spend highway funds on transportation museums, are turning to the administrative rulemaking...

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California Legislature Mandates that "Public Service" Be Required for...

As Dan Walters reports in the Sacramento Bee:A third element would be required in the hiring and promotion of faculty members. It's called "service." The specifics of Assembly Bill 2132 appear to give...

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Local Bus Service is not Bus-Rapid-Transit

At last month’s 5th national Bus Rapid Transit (BRT) conference one of the key topics focused on which types of bus services qualify as BRT. While most transit practitioners think that BRT service must...

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Where BRT with Queue Jumpers Works: DeKalb County, GA

DeKalb County, Georgia features an excellent example of a Bus-Rapid-Transit (BRT) line with traffic signal priority and queue jump lanes. The partnership of DeKalb County, the Metropolitan Atlanta...

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Contracting Transportation Services

A session at last month’s Institute of Transportation Conference and Exhibit titled Privatizing Government Agency Services featured how the private sector can provide excellent services at a much lower...

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Implementing Managed Lanes in Minneapolis-St. Paul

Innovators in Action 2012 As gridlock increases and funding shrinks, many state Departments of Transportation (DOT) and Metropolitan Planning Organizations (MPO) are turning to priced managed lane...

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Tortoises and BrightSource Are Costing Taxpayers Dearly

Victorville Daily Press Last year BrightSource Energy received a $1.6 billion taxpayer-backed loan guarantee. It's the same type of loan that failed solar panel company Solyndra received but couldn’t...

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UC Salaries and Administrators Grow Rapidly Despite Huge Budget Shortfalls

Even as California suffers through huge ongoing budget deficits and raises tuition at UC campuses across the state, the Orange County Registerfinds that salaries in the UC system have climbed by 29...

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Six Finalists For 2012 Bastiat Prize Are Named

After receiving hundreds of entries from 34 countries, Reason Foundation is pleased to announce the six finalists for the 2012 Bastiat Prize, which honors the writers who best explain the importance of...

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Six Finalists for 2012 Bastiat Prize Announced

After receiving hundreds of entries from 34 countries, Reason Foundation is pleased to announce the six finalists for the 2012 Bastiat Prize, which honors the writers who best explain the importance of...

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Presidential Debates Should Include Budget Plan Truth

Ahead of the Curve, Issue No. 10 There is a false dichotomy present in the presidential race. Before the arena lights finally went out at the Democrat National Convention last week, pundits were...

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Reason Foundation Files Amicus Brief Urging the Supreme Court to Hear Horne...

Filed by the Reason Foundation, Cato Institute, National Federation of Independent Business, and Center for Constitutional Jurisprudence:Amici, described in Appendix A, are advocates for individual...

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How Quantitative Easing Helps the Rich and Soaks the Rest of Us

Reason.com The decision is in: Unlimited quantitative easing. That was the announcement from the Federal Open Market Committee this afternoon, launching a third round of purchases of securities in a...

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21st Century Schools Require 21st Century Finance

Today my colleague Leonard Gilroy and I had a piece on Real Clear Markets entitled, "21st Century Schools Require 21st Century Finance." The piece begins:Recent teacher protests in Chicago show that...

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Obama Leads Romney 52-45 In New Reason-Rupe Poll; In Three-Way Race Obama...

A new national Reason-Rupe poll of likely voters finds President Barack Obama leading Republican Mitt Romney 48 percent to 43 percent in the presidential race. When undecided voters are asked which way...

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Obama Leads Romney 52-45 In New Reason-Rupe Poll; In Three-Way Race Obama...

A new national Reason-Rupe poll of likely voters finds President Barack Obama leading Republican Mitt Romney 48 percent to 43 percent in the presidential race. When undecided voters are asked which way...

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HSR Grants Maintenance Problems Provide Further Proof that Administration...

Last week’s audit of the Federal Railroad Administration's Grants Management Process illustrates that the President views transportation as a political spoils system. In reality, this administration...

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Vanpools and Carpools can Complement Transit

Transportation officials often overlook one of the easiest ways to decrease congestion—encourage carpooling. According to 2011 data from the U.S. Census, fewer than 5.0% of commuters choose any of the...

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21st Century Schools Require 21st Century Finance

Real Clear Markets Recent teacher protests in Chicago show that students and parents suffer when public employee unions and elected officials fight over how to run schools. But there is one issue that...

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Violent Protests Mar Draghi and the ECB's False Narrative

RealClearMarkets Istanbul - To believe the headlines, Mario Draghi and the European Central Bank had saved the day earlier this month when they announced their unlimited short-term sovereign...

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The Incremental Approach to Privatization

Cato Unbound Sheldon Richman makes a persuasive case for privatization, accurately noting the calculation/knowledge problem and the incentive problem as critical flaws in the government provision of...

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The Limits of Wind Power

Executive SummaryEnvironmentalists advocate wind power as one of the main alternatives to fossil fuels, claiming that it is both cost effective and low in carbon emissions. This study seeks to evaluate...

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Wind Power Can’t Cost-Effectively Be a Large Grid’s Main Source of Electricity

Wind energy, because of its variable nature, is not suited to be the lone or primary source of a grid’s total electricity, according to a new Reason Foundation study. If it is used to produce more than...

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Study: Wind Power Can’t Cost-Effectively Be a Large Grid’s Main Source of...

Wind energy, because of its variable nature, is not suited to be the lone or primary source of a grid’s total electricity, according to a new Reason Foundation study. If it is used to produce more than...

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Obama and Romney Ignored Housing and Debt

RealClearMarkets President Obama and Gov. Romney keep saying they want America to get back to work, and yet they continue to ignore the biggest obstacles to economic recovery: housing market and...

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Reason Foundation Amicus Brief: City of Red Wing's Inspection Program Is...

Filed by Reason Foundation Cato Institute, Minnesota Free Market Institute at the Center of the American Experiment, Electronic Frontier Foundation, and the Libertarian Law CouncilAmici curiae...

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