The Latest Breaking News from Milton Friedman

As OpenAI marks its tenth birthday in December 2025, it can celebrate becoming one of the world’s leading companies, worth perhaps as much as US$1 trillion (£750 billion). But it started as a non-profit with a serious moral mission – and its story demonstrates the difficulty of combining morality with…

The magazine of free minds and free markets has changed millions of minds—including mine—to take freedom seriously.

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.

In a 1978 appearance at Utah State University, the Nobel Prize–winning economist provided the perfect retort to those who blindly argue we should "build in America."

The rising passion for dogs has coincided with falling human fertility

According to a memo shared on Thursday, Hegseth described the spending on outside consultants as unnecessary. "These terminations represent $5.1 billion in wasteful spending ... and nearly $4 billion in estimated savings."

The Nobel Prize-winning economist says the Iron Triangle of Politics must be defeated to cut down the government for good.

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