Lucinda Creighton and Declan Ganley at a Renua Ireland think-in in Wood Quay, Dublin. Photograph: Dara Mac Dónaill/The Irish Times

Renua Ireland is working on a radical new policy that would see the introduction of a flat tax on all income, with bands and most allowances being scr(...)

Foreign currency exchange booth in Hong Kong:  the surprise devaluation of the Chinese yuan this week unsettled global financial markets. Photograph: Philippe Lopez/AFP/Getty Images

The last few weeks, with heavy Chinese government intervention in the stock market and now in the currency markets, have offered a lesson in how th(...)

NYSE trader: an emphasis on share prices and on meeting quarterly earnings expectations has led to destructive short-term behaviour by some chief executives. Photograph: EPA/Justin Lane

The idea that a company’s primary purpose is to enrich its shareholders is the “dumbest idea in the world”, according to high-profile GMO strategist J(...)

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(...)

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