A small European nation transformed into a global trading empire, reshaping history through the Dutch East India Company, or ...

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 ...

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.

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 ...

The pathologies of modern capitalism are captured well in the reaction from "Shark Tank" personality and entrepreneur Kevin O'Leary, who offers the opinion that "quiet quitting is a really bad ...

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 ...

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 ...