The Latest Breaking News from Milton Friedman

This timely and important study of investment zones exposes the limitations of the experiments favoured by free-market fanatics

Changes in the rules have tended to decouple financial performance from the underlying value to society. This was not something Friedman had expected.

If one plans to read only one economic analysis article for this year, this is it.

Can Americans afford to welcome the huddled masses?

The work and ideals of the late John Rawls provide a progressive framework that could supplant neoliberalism, says philosopher and economist Daniel Chandler

How the special economic areas championed by rightwing radicals undermine democracy

A new entrant in the anti-neoliberalism genre fails to land any blows.

Politicians refer so often to the “independent” Reserve Bank that its initials should change to the IRBA, writes Alan Kohler.

From my UCLA colleague Prof. Stephen Bainbridge.

About 100 million people used ChatGPT in the month of January, according to one estimate, which would be the fastest-growing user base ever. Yet I often speak to people who are less than impressed with ChatGPT, citing its mistakes and banalities, and they suggest it is a passing fad.

Hungary's inflation hits 24.5 percent—the highest in the European Union—and Orbán's price controls aren't helping.