Capitalism: It's worth understanding how it actually works. Peter Dazeley / Getty Images Fifty years ago, capitalism in the West was based on manufacturing which provided well-paid, lifelong jobs and ...

Now that so many people have realized that the capitalist system is riddled with problems, they want a clear explanation about the functioning of the system. They are dissatisfied and impatient with ...

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 for ...

Local zoning policy in America is dreadful. There’s robust evidence it increases housing prices by restricting supply, making many cities unlivable for people with low or modest incomes. Yet despite ...

As German historian and Townhall columnist Rainer Zitelmann has proved over and over again, capitalism is the one economic system that’s done the most to increase living standards worldwide and thus ...

A look at the ways Americans' confidence in capitalism has been eroding and what changes in our economy mean for your work and wealth.