The Latest Breaking News from Milton Friedman

Late last week, I wrote a piece responding to Deepinder Goyal’s tweets on how he views India’s gig economy. It went viral – and as is inevitable with anything that does, it brought with it an equal measure of bouquets and brickbats.

As OpenAI marks its tenth birthday in December 2025, it can celebrate becoming one of the world’s leading companies, worth perhaps as much as US$1 trillion (£750 billion). But it started as a non-profit with a serious moral mission – and its story demonstrates the difficulty of combining morality with…

IN FOCUS: They promised utopian paradises, unshackled by governments and buoyed by tech. What they built instead was a costly illusion. Holly Baxter reports on how seasteading started, unraveled and is now rising again in popularity

Many business leaders are horrified at the prospect of New York City turning socialist under Zohran Mamdani, but Trump's assaults on free-market capitalism make him look like John D. Rockefeller.

Neoliberalism has had an enormous influence on the world, driving policy and governance at the national and international level, particularly since the 1980s, when it was championed by the Reagan administration in the United States and the Thatcher government in the United Kingdom.

In a 1978 appearance at Utah State University, the Nobel Prize–winning economist provided the perfect retort to those who blindly argue we should "build in America."

The rising passion for dogs has coincided with falling human fertility

According to a memo shared on Thursday, Hegseth described the spending on outside consultants as unnecessary. "These terminations represent $5.1 billion in wasteful spending ... and nearly $4 billion in estimated savings."

The Nobel Prize-winning economist says the Iron Triangle of Politics must be defeated to cut down the government for good.