The rule of law — the idea that legal rules apply to everyone equally, regardless of wealth or political connections — is essential for a thriving economy. Yet globally the respect for the rule of ...

In moments of crisis, it’s easy to think that capitalism is finished. But don't forget the system’s formidable ability to ...

By 1830, one million Americans, most of them enslaved, grew cotton. Raw cotton was the most important export of the United States, at the center of America’s financial flows and emerging modern ...

Modern-day capitalism has had an extraordinary run since the start of the Industrial Revolution two centuries ago, lifting billions of ordinary people out of abject poverty.

Three giant asset managers — BlackRock, Vanguard Group, and State Street — now collectively own a large chunk of nearly every corporation. As a result, capitalism no longer works as advertised.

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Modern capitalism has opened a major new front for strike actions: logistics Changes in corporate landscape points to big opportunities for organized labor. By Kim Moody.

Modern developed governments, he says, now constantly intervene to alleviate economic hardship. American businesses are swathed in red tape. The Code of Federal Regulations has grown more than 10 ...

The Wealth of a Nation: Institutional Foundations of English Capitalism, by Geoffrey M. Hodgson, Princeton University Press, 304 pages, $39.95 A galaxy of brilliant scholars have tried to account ...