Capitalism

Yes, Government Creates Wealth

Economics has never accepted the idea that the public sector creates wealth. But it does—and acknowledging that can lead to sweeping change.

By Mariana Mazzucato

Fighting Words

No, “liberal” and “progressive” aren’t synonyms. They have completely different histories—and the differences matter.

By Sean Wilentz

Labor and Capital in the Global Economy

How three decades of technological change, globalization, and government policy made workers more at the mercy of concentrated capital.

By Kimberly Clausing

Capitalism Redefined

What prosperity is, where growth comes from, why markets work, and how we resolve the tension between a prosperous world and a moral one.

By Nick Hanauer Eric Beinhocker

The Root of All...

Michael Sandel’s salvos against the conventional wisdom of what markets should—and should not—do.

By David M. Kennedy