What is the defining characteristic of capitalism? Some say profit. Others, private ownership. Still others, rapacity. Considering that capitalism may have begun as early as the 16 th century, in ...

Before President Donald Trump, change came to Washington, D.C., very slowly. Now it has come in a great, big, destructive whirl. Trump’s Department of Government Efficiency deputy and fellow ...

Those shaping America’s coal policy can learn something important about creative destruction, the process by which new technologies replace older ones through innovation, from the 2025 Nobel Prize ...

Forbes contributors publish independent expert analyses and insights. Anjana Susarla is a professor of Responsible AI at the Eli Broad College of Business at Michigan State University. A screen shows ...

The Royal Swedish Academy of Sciences, which awarded the 2025 Nobel Prize in Economics Joel Mokyr, Philippe Aghion and Peter Howitt, on October, shared succinct reasons for why they have won. Combined ...