Excerpt and condensation of Chapter 4 from The Worldly Philosophers: The Lives, Times, and Ideas of the Great Economic Thinkers by Robert L. Heilbroner, 7th ed., 1999. Robert Heilbroner's The ...

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

Ward Three candidates Curt Diemer and Dr. James Coleman are fighting for your votes. These candidates participated in a debate at Liberty University on Monday. "I'm asking for your trust that my heart ...

where there has been an ongoing societal debate concerning whether or not the country should replace free-market capitalism with socialism. Those arguing in favor of socialism believe that a ...