The Latest Breaking News from Economics

There was a clear bias towards the City in coverage of the 2008 crash. We can’t afford for it to happen again, says Guardian columnist Owen Jones

Pioneering ecological economist who foresaw the catastrophic effects of unlimited economic growth

Brexit, the US-China trade war, Russia’s invasion of Ukraine—more such geopolitical surprises will continue the economic upheaval.

Are criminals rational? In his groundbreaking work of 1968, Gary Becker argued that they are. The American economist, who would go on to win the Nobel prize in economics in 1992, theorised that individuals engage in crime only if the returns are greater than the returns from engaging in legal…

It fits the definition of madness to propose more austerity. But that, along with higher interest rates, is what’s coming, says Guardian economics editor Larry Elliott

Prime Minister Anthony Albanese says a budget cash handout would have been "cheap politics and hugely expensive economics".

With former British Prime Minister Liz Truss’ free-market reforms having severely wounded the British economy, a chorus of pundits have claimed that the end of free-market thought is upon us. Who could at this point be so foolhardy as to claim that simply cutting taxes for the rich — and…

The Economics 101 picture the Reserve Bank paints of inflation fighting doesn’t tell anywhere near the full story.

Surging interest rates and depreciating currencies may force some to cancel their travel plans.