You don’t need a critic to tell you that Frederick Wiseman’s four-hour study of how the 2010 budget crisis impacted upon the University of California (...)

Libertarian author and philosopher Ayn Rand in Manhattan in 1957. Photograph: New York Times/Getty Images

In the latest New York Times magazine Robert Draper profiled youngish libertarians – roughly speaking, people who combine free-market economics wit(...)

Barney Frank: former chairman of the House Financial Services Committee ensured mark-to-market practice ended. Photograph: Charles Dharapak/AP

The economic crisis sparked by the subprime mortgage market in the US was the fault of an accounting rule, guests heard a US economist argue over dinn(...)

Rancher Cliven Bundy, who became a right-wing hero after refusing to pay fees for grazing his animals on federal land. Photograph: David Becker/Getty Images

It is, in a way, too bad that Cliven Bundy, the rancher who became a right-wing hero after refusing to pay fees for grazing his animals on fede(...)

Rising global inequality may not just be a cyclical phenomenon; something structural could be going on. The rise of the 1 per cent might be a function(...)

President Michael D Higgins: he might have been expected to understand the limitations of the role of president and, more specifically, not to use it as a platform to advance a political agenda

President Michael D Higgins gave a speech on economics at Dublin City University last week. Among many other things, he posed questions about the d(...)

Trust is at the heart of any financial system. Any transaction of any kind involves an element of trust. Most obviously, when goods and services ar(...)

Milton Friedman, “who used to be the ultimate avatar of conservative economics, has essentially disappeared from right-wing discourse”. Photograph: Alex Wong/Getty Images

Recently Senator Rand Paul, potential presidential candidate and self-proclaimed expert on monetary issues, sat down for an interview with Bloomberg B(...)

Milton Friedman, recipient of the 1976 Nobel Prize for economic science.

Almost three years ago, at the World Economic Forum’s “Summer Davos”, in Tianjin, I heard a Republican politician say that the US would be in hyperinf(...)