The Latest Breaking News from Economics

Herman Daly had a flair for stating the obvious. When an economy creates more costs than benefits, he called it “uneconomic growth.” But you won’t find that conclusion in economics textbooks. Even suggesting that economic growth could cost more than it’s worth can be seen as economic heresy.

President-elect Luiz Inácio Lula da Silva’s transition has added a team of economists that includes at least two members likely to allay market worries about potential business and financial policies the incoming leftist leader might be considering

It fits the definition of madness to propose more austerity. But that, along with higher interest rates, is what’s coming, says Guardian economics editor Larry Elliott

Prime Minister Anthony Albanese says a budget cash handout would have been "cheap politics and hugely expensive economics".

With former British Prime Minister Liz Truss’ free-market reforms having severely wounded the British economy, a chorus of pundits have claimed that the end of free-market thought is upon us. Who could at this point be so foolhardy as to claim that simply cutting taxes for the rich — and…

The Economics 101 picture the Reserve Bank paints of inflation fighting doesn’t tell anywhere near the full story.

Surging interest rates and depreciating currencies may force some to cancel their travel plans.

In a mouth-watering new book, the South Korean academic fuses his twin passions of food and economics to interrogate capitalism

All economics is local.