In this week's The Reason Roundtable, editors Peter Suderman, Katherine Mangu-Ward, Nick Gillespie, and Matt Welch discuss how many current political frustrations— with tariffs, executive overreach, and economic stagnation—are vindicating longstanding libertarian critiques, even as the public resists identifying as libertarian. They also explore Robert F. Kennedy Jr.'s "Make America Healthy Again" agenda.

1:34—Libertarians were right

10:06—The best case for libertarianism in the Trump era

16:52—Are the Democrats pushing a libertarian-ish agenda?

24:40—Tech leaders regret supporting President Donald Trump?

39:47—Weekly listener question: What books should libertarian ladies suggest to their book club?

47:39— What is RFK Jr. doing to "Make America Healthy Again"?

59:03— Weekly cultural recommendations

Today's sponsors:

Join the 2025 Great Connections Seminar in Chicago, July 26–Aug 2.  Designed for students 16–24, this week-long experience builds the core skills of entrepreneurship: critical thinking, persuasive communication, and intellectual independence. This year's theme, "Reason and Free Will," explores great minds like Aristotle, Ayn Rand, and Jefferson—not through lectures, but in dynamic, small-group discussions that train students to lead and innovate. Outside the classroom, they'll tour Chicago's museums, try improv, and connect with ambitious peers. In a world of AI and automation, original thinking is your competitive edge. Tuition is just $800, including room and board.  Scholarships available. Apply today at www.reliancecollege.org/reason

Therapy can feel like a big investment, but the state of your mind is just as important as your physical health. Let's talk numbers. Traditional in-person therapy can cost anywhere from $100 to $250 per session, which adds up fast, but with BetterHelp online therapy, you can save, on average, up to 50% per session. With BetterHelp, you pay a flat fee for weekly sessions, saving you big on cost and time. Therapy should feel accessible, not like a luxury. With online therapy, you get quality care at a price that makes sense and can help you with anything from anxiety to everyday stress. Your mental health is worth it—and now, it's within reach. With over 30,000 therapists, BetterHelp is the world's largest online therapy platform, having served over 5 million people globally. It's convenient, too. You can join a session with the click of a button, helping you fit therapy into your busy life. Plus, switch therapists at any time. Your well-being is worth it. Visit betterhelp.com/roundtable today to get 10% off your first month.

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Trump’s Independent Voter Problem

In this week's The Reason Roundtable, editors Katherine Mangu-Ward, Nick Gillespie, and Matt Welch are joined by Reason reporter Christian Britschgi to discuss President Donald Trump's proposal for a 100 percent tariff on foreign-made films and his broader attacks on cheap consumer goods, arguing that it represents a bipartisan slide into anti-consumer, anti-capitalist populism. They also criticize the federal government's creeping surveillance and bureaucratic overreach, especially when it comes to Real ID and public broadcasting.

0:00—Introduction

1:46—Trump's attack on families and foreign films

7:20—Why cheap consumer goods are great

12:05—Political movements won't solve spiritual yearning

16:28—How do tariffs affect local zoning?

18:35—Trump's new proposed budget

22:15—Why we need to cut the Department of Homeland Security budget

28:25—Listener question: Are we finally defunding NPR and PBS?

37:28—Every American citizen now needs a Real I.D.

51:07—Weekly cultural recommendations

Today's sponsors:

Join the 2025 Great Connections Seminar in Chicago, July 26–Aug 2.  Designed for students 16–24, this week-long experience builds the core skills of entrepreneurship: critical thinking, persuasive communication, and intellectual independence. This year's theme, "Reason and Free Will," explores great minds like Aristotle, Ayn Rand, and Jefferson—not through lectures, but in dynamic, small-group discussions that train students to lead and innovate. Outside the classroom, they'll tour Chicago's museums, try improv, and connect with ambitious peers. In a world of AI and automation, original thinking is your competitive edge. Tuition is just $800, including room and board.  Scholarships available. Apply today at www.reliancecollege.org/reason

Therapy can feel like a big investment, but the state of your mind is just as important as your physical health. Let's talk numbers. Traditional in-person therapy can cost anywhere from $100 to $250 per session, which adds up fast, but with BetterHelp online therapy, you can save, on average, up to 50% per session. With BetterHelp, you pay a flat fee for weekly sessions, saving you big on cost and time. Therapy should feel accessible, not like a luxury. With online therapy, you get quality care at a price that makes sense and can help you with anything from anxiety to everyday stress. Your mental health is worth it—and now, it's within reach. With over 30,000 therapists, BetterHelp is the world's largest online therapy platform, having served over 5 million people globally. It's convenient, too. You can join a session with the click of a button, helping you fit therapy into your busy life. Plus, switch therapists at any time. Your well-being is worth it. Visit betterhelp.com/roundtable today to get 10% off your first month.

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Trump's War on Childhood

"I feel fear… because they're somewhat vindictive people. I don't care who you are, having this set of people mad at you is not comfortable." That's today's guest, Cliff Asness, talking about President Donald Trump, his administration, and his supporters. Asness is the outspoken billionaire co-founder of AQR Capital Management. He is also a pioneer in quantitative finance, University of Chicago Ph.D., and self-described "part-time Republican and full-time libertarian." He talks bluntly about why Trump is spectacularly wrong on tariffs and trade, his concerns about the authoritarian tendencies of the president and his supporters, and how capitalism may actually be getting less efficient due to social media.

Asness tells Reason's Nick Gillespie how he came to his libertarian beliefs, where right-wing populism overlaps with its left-wing version, and why he thinks free minds and free markets will eventually win—but only after a long slog. This conversation was recorded live at an event in New York City.

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Billionaire Cliff Asness: Can Technology Outrun 'Stupider and Stupider' Government?

This week, editors Peter Suderman, Katherine Mangu-Ward, Nick Gillespie, and Matt Welch explore how artificial intelligence (AI) is already reshaping jobs, education, politics, and personal identity—sharing examples from scam calls and students cheating to Darth Vader swearing in Fortnite. The panel also discusses how Democrats are failing to attract young men, no matter how much money they spend. Finally, they examine President Donald Trump's latest trade policy contradictions from the past week.

0:32—What is one way AI has made life weird?

3:08—Writing with AI is about to get a lot weirder

9:12—Excitement and fear about AI

11:13—How to make entry-level workers more productive

16:12—Has AI created any cultural problems?

22:49—Is AI helping students "cheat" in college?

26:27—How is AI affecting grade school students?

29:18—The AI race with China

36:20—Do Democrats have a problem with men?

44:42—Listener question: Is White House Deputy Chief of Staff Stephen Miller correct in saying that the 'big beautiful bill' will actually reduce the deficit?

49:28—What is going on with Trump's tariffs in the courts?

53:19—Weekly cultural recommendations

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Artificial Intelligence Is Making Everything Weird

As international consumer beef demand continues to be high for U.S. beef, the tariffs that are being imposed on certain countries can actually help the USA address unfair trade practices in those regions of the world. 

6/9/25 - Tariffs for fair, free international ag trade

This week, editors Peter Suderman, Katherine Mangu-Ward, Nick Gillespie, and Reason reporter Eric Boehm unpack the passage of President Donald Trump's One Big Beautiful Bill, focusing on its tax carve-outs, special-interest subsidies, and what happens when key provisions expire in 2028. They also examine the potential fallout from Trump's looming trade deadline with the European Union, answer a listener question about the legality of masked federal law enforcement, and discuss the viability of Elon Musk launching a new political party.

0:00—America is still the greatest country on earth

6:18—The One Big Beautiful Bill becomes law

12:39—Medicaid cuts and what they mean

20:51—Sunset clauses will cause more instability

33:33—Listener question on masked Immigration and Customs Enforcement agents

42:16—Elon Musk announces new third party

49:47—Weekly cultural recommendations

Today's Sponsors:

Future of Freedom: If you're tired of cable news debates and Twitter shouting matches, and you're looking for serious, good-faith conversations between people who actually care about liberty then it's time to check out the Future of Freedom podcast. Each episode dives deep into a single topic—tariffs, campus speech, the Department of Government Efficiency—and brings together two guests who disagree on the best path forward. But here's the twist: This isn't a debate show. No interrupting. No dunking. If you believe the future of freedom depends on more than just winning arguments and you're ready for something deeper than the usual echo chambers, check out the Future of Freedom podcast. Real disagreement. Real ideas. Real conversations. Subscribe to Future of Freedom wherever you get your podcasts.

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The Insanity of Trump’s Big Beautiful Bill

This week, editors Peter Suderman and Matt Welch are joined by Reason reporter Eric Boehm and special guest Emily Jashinsky, host of After Party. They begin with the media's growing fixation on men and masculinity, from a wave of New York Times essays to broader questions about dating, education, and work. What does this coverage reveal about how the media sees men, and about younger male voters drifting from the Democratic Party?

The panel then examines President Donald Trump's escalating tariff policy, its economic consequences, and how it fits into the administration's broader approach to trade and inflation. A listener question prompts a discussion of the National Collegiate Athletic Association's shift toward deregulation, and the growing calls to reverse course. The panel also looks at Trump's overseas business activity and the ethical questions it raises about the use of public office for personal gain.

0:00–How men are characterized in the media

13:00–The publishing industry's struggles with men

19:15–The tradeoffs of Trump's tariff policies

42:52–Listener question on NCAA deregulation

50:56–The ethics of personal profits as president

1:00:14–Weekly cultural recommendations

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The New York Times Doesn't Understand Men

This week, editors Katherine Mangu-Ward, Nick Gillespie, and Matt Welch are joined by Reason reporter Eric Boehm to break down Federal Reserve Chair Jerome Powell's signals of an upcoming interest rate cut and President Donald Trump's very public pressure campaign on the Fed. They discuss what a rate cut could mean for jobs, inflation, and investment, how tariffs are distorting basic economic signals, and why the Fed's growing politicization should worry anyone who values a functional economy.

The conversation then turns to the administration's new trade deal with the European Union (E.U.), what it signals for tariffs, reciprocity, and the costs of everyday goods. They also field a question from a libertarian listener about former Rep. Rahm Emanuel's (D–Ill.) appeal as a presidential candidate before examining the FBI's raid on former National Security Adviser John Bolton's home, weighing whether it's a legitimate investigation into mishandled classified documents, or a case of political retribution.

How can we make The Reason Roundtable better? Take our listener survey for a chance to win a $300 gift card: http://reason.com/podsurvey

0:00—The impact of the Fed rate cuts

12:21—E.U. trade deal, tariffs, and their revenue

21:04—Cracker Barrel and the state of conservative commentary

33:07—Listener question on a Rahm Emanuel for president

42:19—FBI raids the home of John Bolton

51:21—Trump's order on burning the U.S. flag

52:39—Weekly cultural recommendations

Today's Sponsor:

Therapy can feel like a big investment, but the state of your mind is just as important as your physical health. Let's talk numbers. Traditional in-person therapy can cost anywhere from $100 to $250 per session, which adds up fast, but with BetterHelp online therapy, you can save, on average, up to 50 percent per session. With BetterHelp, you pay a flat fee for weekly sessions, saving you big on cost and time. Therapy should feel accessible, not like a luxury. With online therapy, you get quality care at a price that makes sense and can help you with anything from anxiety to everyday stress. Your mental health is worth it—and now, it's within reach. With over 30,000 therapists, BetterHelp is the world's largest online therapy platform, having served over 5 million people globally. It's convenient, too. You can join a session with the click of a button, helping you fit therapy into your busy life. As the largest online therapy provider in the world, BetterHelp connects you with mental health professionals with a diverse variety of expertise—so you can find the right fit. Plus, switch therapists at any time. Your well-being is worth it. Visit betterhelp.com/roundtable today to get 10 percent off your first month.

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Is It Too Late To End the Fed?

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These sources provide a comprehensive overview of **political ideologies**, covering the spectrum from the **foundational principles of American and French Revolutions** to modern political parties and extremism. They contrast liberal and leftist ideologies, primarily through their differing approaches to **capitalism** and social change, emphasizing the distinction between reform and revolution. Several texts explore **conservatism in the United States**, detailing its historical roots, economic views like fiscal conservatism and deregulation, and current movements such as right-wing populism. Furthermore, the documents examine the concepts of **authoritarianism and totalitarianism**, defining them through practices that sabotage accountability and infringe on human rights, with examples ranging from historical regimes like Francoist Spain to modern groups like the Taliban. The origins and evolution of the **left–right political spectrum**, tracing back to the French Revolution and the actions of groups like the Jacobins, are also discussed. Finally, the texts touch on the modern platforms of the **Republican and Democratic Parties in the U.S.**, highlighting Republican priorities like border security and deregulation, and Democratic focuses on social equality, minority rights, and health care.

THE ISMS OF THE WORLD | Communism, Capitalism, Socialism, Facism, Macarthism and More Politcal Beliefs

The Reason Interview With Nick Gillespie goes deep with the artists, activists, entrepreneurs, policymakers, and visionaries who are making the world more libertarian—or at least more interesting—by challenging worn-out ideas and orthodoxies.

Today's guest is Jeff Flake, former Arizona senator and U.S. ambassador to Turkey, and now head of the brand-new Institute of Politics at Arizona State University. Flake made national headlines in 2017 when he delivered a searing Senate floor speech announcing he would not seek reelection and declaring he would not be complicit in the "degradation of our politics" under Donald Trump and MAGA.

A lifelong conservative, Flake built his career on defending free markets, free trade, limited government, and pro-immigration policies—positions that put him at odds with a Republican Party drifting toward populism and protectionism. We talk about why he chose principle over power (and how he feels about that now), his time representing the U.S. in Turkey as Russia invaded Ukraine, his push for reforming America's broken political system, and why he believes the fever of grievance politics must—and eventually will—break.

0:00—Introduction

1:29—The state of the GOP under President Donald Trump

8:41—Did Flake's conservative principles irritate Trump?

12:14—The case for more immigration

21:27—The connection between immigration and trade

26:25—Globalism in the era of nationalism

34:26—Ambassador to Turkey

38:05—The importance of Ukraine's independence

40:51—The Trump foreign policy philosophy

44:02—Reacting to political violence

47:57—How to reform the political system

58:33—Arizona State Institute of Politics

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What Happened to the Republican Party?

Founded in 1968, Reason is the planet's leading source of news, politics, and culture from a libertarian perspective. Our podcast offerings include:

The Reason Roundtable
Every Monday, the libertarian editors of the magazine of “Free Minds and Free Markets”—Matt Welch, Nick Gillespie, Katherine Mangu-Ward, and Peter Suderman—discuss and debate the week’s biggest stories and what fresh hell awaits us all.

The Reason Interview with Nick Gillespie
Want to know what comes next in politics, culture, and libertarian ideas? Reason’s Nick Gillespie hosts relentlessly interesting interviews with the activists, artists, authors, entrepreneurs, newsmakers, and politicians who are defining the 21st century.

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Reason presents a libertarian-themed debate series recorded monthly before a live audience in New York City. Moderated by former Barron's Economics Editor Gene Epstein, the Soho Forum features Nobel prize winners, radical thinkers, and other public intellectuals facing off over the future of bitcoin, veganism, sex work, illegal drugs, electric vehicles, abortion, robotics, government debt, and other controversial topics.

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