The Latest Breaking News from Milton Friedman

Many business leaders are horrified at the prospect of New York City turning socialist under Zohran Mamdani, but Trump's assaults on free-market capitalism make him look like John D. Rockefeller.

Neoliberalism has had an enormous influence on the world, driving policy and governance at the national and international level, particularly since the 1980s, when it was championed by the Reagan administration in the United States and the Thatcher government in the United Kingdom.

Governments should just get out of the way of free trade among consumers and businesses.

Just as children outgrow their focused self-interest, corporate accountability means challenging companies to come of age.

If the Department of Government Efficiency goes about this the wrong way, we could be left with both a presidency on steroids and no meaningful reduction in government.

One perk that may materialize from Elon Musk upending the federal bureaucracy is the downfall of the government’s obsessive use of abbreviations.

As Donald Trump prepares for his inauguration, the world is preparing for the beginning of the second Trump Revolution. Trump’s second term will be very different from his first, when his powers were more limited and restrained. In 2016 he did not win a majority of the popular vote.

Milton Friedman once observed that you can't have open immigration and a welfare state. He was mostly right.

Treasury secretary says ‘extraordinary measures’ needed to avoid default, and urges lawmakers to raise borrowing limit