Although nearly a quarter of Americans (23%) say socialism means equality, fewer (17%) correctly identify socialism as an economic system where the government controls key factors of production and ...

Polling shows clear majorities of both Republicans and Democrats want free markets and entrepreneurship over government coordination.

Discover the key distinctions between capitalist and socialist economies, focusing on market reliance versus government ...

Explore whether economics can be considered a science, analyzing its classification, testability, and consensus within social science debates.

The off-year elections are over. After winning two key governorships and many other races, Democrats are happier than Republicans. And pundits are ascribing a lot of economic meaning to the outcome.

Sanjai Bhagat, Ph.D., is a professor at the University of Colorado, serves on corporate boards, and is the author of “Financial Crisis, Corporate Governance, and Bank Capital.” Capitalism versus ...

This week, editors Peter Suderman, Katherine Mangu-Ward, Nick Gillespie, and Matt Welch dig into the disconnect between strong Black Friday spending and a public mood shaped by rising costs, economic ...

Socialism is capitalism’s critical shadow. When lights shift, a shadow may seem to disappear, but sooner or later, with further shifts of light, it comes back. Capitalism’s ideologues have long ...

Radical progressives are trying to convince Americans, especially young Americans, that socialism is the solution to America’s socio-economic problems. They are banking on millennial ignorance of the ...

Tori Whiting is the Jay Van Andel trade economist in the Thomas A. Roe Institute for Economic Policy Studies at The Heritage Foundation. Although nearly a quarter of Americans (23%) say socialism ...