Capitalism, however, has its disadvantages. Rich businessmen tend to create monopolies of their business. They lobby solons to junk legislations disadvantageous to their business to the detriment ...

Capitalism relies on private ownership and profit motive, with minimal governmental interference. Competition under capitalism drives innovation, efficiency, and theoretically equal opportunity ...

A better idea would be to educate newcomers (and Americans in general) on the disadvantages of capitalism. But it’s an education they’re already getting in their day-to-day lives. Joe ...

This year’s annual lecture in economics from the Cyprus Economic Society, featured Sir Paul Collier, a pre-eminent global development economist and professor of Economics and Public Policy at the ...