Nobel laureate economist and political philosopher Friedrich Hayek authored Law, Legislation and Liberty in 1973. The three-volume magnum opus is one of finest expositions of the philosophy of market economy. Excerpts from the book:
With two-thirds of the world's population living in developing countries facing unprecedented economic damage from the COVID-19 crisis, the UN is calling for a USD 2.5 trillion rescue package for these nations.
There were no new cases in Wuhan -- the central city where the virus first emerged in December -- for the first time since authorities started publishing figures in January, according to the National Health Commission.