In an era marked by economic turbulence, from inflation spikes to tech disruptions, the compass of classical economic thought, particularly that of Henry Hazlitt, offers not just direction but ...

Good ideas don’t always outcompete bad ones. But willful foolishness usually has a cost. So it is with modern monetary theory. Ironically, this basket of economic fallacies, embraced by ...

Donald Trump just took the greatest political gamble with the US economy of any modern president. Presidents normally try to do everything they can to avoid upsetting the country’s economic ...

Karl Marx’s critique of political economy is oriented on an Aufhebung [a sublation] of classical political economy, for opening up the frontiers of its future as a science, aimed at self-emancipation ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In his Principles of Political Economy, published in 1848, John Stuart Mill wrote that, before ...

Donald Trump just took the greatest political gamble with the US economy of any modern president. Presidents normally try to do everything they can to avoid upsetting the country’s economic ...