For all the talk about information, ultimately an economy must serve consumers — and consumers want tangible goods.
A number of economists played important roles in the great revival of classical economics between 1950 and 2000, but none was as influential as Milton Friedman.
Is it possible to make drastic cuts in greenhouse-gas emissions without destroying our economy?
The advantages of a single European currency were obvious. No need to change money when you arrived in another country, and the shared currency would strengthen the sense of European unity. What could go wrong?