Milton Friedman

FDR managed inflation during World War II through government policy. Today’s calamities call for a similar approach.

Fifty years ago, in response to rising inflation, he rejected several long-standing practices. His Keynesian turn holds lessons for today’s economy.

Inflation isn't inexorably a bad thing. In fact, it used to be considered good.

Cash transfers are an efficient response to the Covid-19 crisis, but UBI is a radical transformation of how states conceptualise and provide for people’s needs.

Inequality comes in waves. The question is when this one will break.

Smith wasn’t warning about government intervention in the market; he was warning about government capture.

How America's corporations lost their public purpose.

For decades, Democrats have positioned themselves as fiscally responsible while Republicans happily hand tax cuts to the rich.

How the Nobel Prize–winning economist James M. Buchanan shaped today’s antigovernment politics.

How the New Right emerged from neoliberalism’s inner split.

How did freedom become synonymous with having lots of options?

The author on capitalism’s critics, why everyone is so unhappy with the system, and what may come next.

The 1790s debate shows that, even when they aim at moral goods, tariffs abet cronyism and corruption.

A long and ugly history.

The emergence of student loan debt in the late 1960s can be situated within a broader shift towards neoliberal governance.

Neoliberalism isn’t just a set of economic precepts—it’s also an architecture of laws passed to reinforce those precepts. Those laws must be changed.

On how the fringe ideas of a set of American neoliberals became a new and pervasive way of life.

It’s a great time to be in a union—but a terrible time to try to start a new one.

American elites accepted the economic theory of "comparative advantage" mainly because it justified their geopolitical agenda.

Was the country’s turn toward free-market fundamentalism driven by race, class, or something else? Yes.