Creative destruction has the innate ability to impact the future of your business. Of the many things that can bring about the end of a business, few can be more lethal than stagnation — not changing ...

In official statistics, manufacturing is the top contributor to U.S. productivity growth despite its shrinking share of employment. However, official numbers tend to understate growth among new ...

Kevin A. Hassett was a resident scholar at the American Enterprise Institute. In September 2017 he was confirmed as Chairman of the Council of Economic Advisers. In his landmark 1942 book, “Capitalism ...

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 ...