Economic booms sparked by capitalism can lead to inequality and then political upheaval. Democracy and capitalism, however, tend to improve as a result.

Though separated by 8,200 miles, the October 10 explosion at the Accurate Energetic Systems (AES) munitions plant and the ...

Here’s how the United States can help cement Bolivian democracy and capitalism after twenty years of socialism.

Most believe the NYC mayoral race is down to a radical socialist, a moderate capitalist and a conservative capitalist, but ...

By the close of the 1970s, the U.S. Chamber of Commerce had undergone a radical transformation. Once a cautious, business-friendly trade group, it had become a politically aggressive and ideologically ...

Last year, financier Scott Bessent excoriated the Biden administration for its revival of industrial policy. Now as Trump’s Treasury secretary, he the government would be expanding investments in ...

In 2014 the economist Thomas Piketty warned in his best-selling Capital in the Twenty-First Century that patrimonial capitalism, wherein inheritance is the dominant form of wealth acquisition, was ...

The son of the country’s former head of state, Bolivia’s election winner gained support among voters who abandoned Evo ...

President-elect Rodrigo Paz says Bolivia's relationship with the United States "will be resumed" nearly two decades years ...

The proliferation of privately held companies during the Reagan years laid the foundations for Trump’s approach to government.

As the graph below illustrates, a strong correlation exists between economic freedom and happiness. Not only does economic ...

Rodrigo Paz's win shows Bolivians want change, but he faces economic challenges after almost 20 years of socialist rule.