Yesterday Maine voters, by a margin of 59 percent to 41 percent, approved Question 5, a ballot initiative that expands the conditions covered by the state's medical marijuana law and establishes a system of state-licensed dispen...

Louisiania Gov. Bobby Jindal's recent health care proposals in the Washington Post drew a mixed response from free-market commentators, including Reason's own Peter Suderman and the Cato Institute's Michael Cannon, ...

More and more, I find myself wondering if Michael Steele's tenure at the RNC is actually a rather involved ploy to combat the perception that Republicans are manipulative, evil, rigorously planned, hyper-disciplined political mast...

Last March, Sally Harpold, an Indiana grandmother of triplets, bought two boxes of cold medication in less than a week. Together, the two boxes contained 3.6 grams of pseudoephedrine, putting her in violation of the state's methamphetamine-fighti...

California NORML reports that the Drug Enforcement Administration participated in raids this week on 14 medical marijuana dispensaries in San Diego County and that two of the 31 people arrested will face federal charges that carry mandatory minimum s...

Arnold Kling tries to explain recent Fed policy actions re: injecting reserves into the economy and simultaneously paying banks interest on reserves to high school students, and comes to a sobering conclusion: In...

Although officials on President Obama's economic team continue to claim that the personal savings rate of Americans is increasing, this rate has actually been declining since May. In fact, it's possible that a recovery in personal...

This month's edition of Cato Unbound tackles one of the most interesting questions historians have: Where did modernity come from? Stephen Davies leads off with a revision and synthesis of several classical liberal theories about the...

Writing at The Freeman, economist Bruce Yandle (listen to him talk about his famous “Bootleggers and Baptists” article here) makes the case for capping a certain type of executive pay: Yes, it is high time that...

Love her or hate her, you can't deny that Ayn Rand is experiencing a revival. Yet as Reason Foundation Senior Analyst Shikha Dalmia writes, Rand's entire project involved liberating the individual from the yoke of collectivism and ...