What is the defining characteristic of capitalism? Some say profit. Others, private ownership. Still others, rapacity. Considering that capitalism may have begun as early as the 16 th century, in ...

Creative destruction has the innate ability to impact the future of your business. Of the many things that can bring about the end of a business, few can be more lethal than stagnation — not changing ...

President Donald Trump was lying when he said in the first presidential debate that New York City is “like a ghost town.” But New York must adapt to rapidly changing circumstances, or else it could go ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Austrian economist Joseph Schumpeter's concept of creative destruction refers to the process ...

When drastic disruptions bring new political leaders, policymakers respond with major changes. We’re living in such a time, even if it’s not clear how much a pandemic, rampant inflation, international ...

On a sunny Monday afternoon in 2018, Over-the-Rhine developer Jim Uber hit the send button on an email venting his frustration over drug dealers across from his building in the 1500 block of Elm ...

My guess is that average literate Americans know of three 20th-century economists: John Maynard Keynes, Milton Friedman, and Alan Greenspan. Perhaps they also know of Paul Samuelson (but as textbook ...

A new cohort of early stage companies recently graduated from Creative Destruction Lab (CDL), the nonprofit that runs a startup accelerator… Read More Recorded live at the 2025 GeekWire Awards in ...

Dreams! A resolve to change things; a desire for new improved directions both personally, nationally, and even internationally are the inevitable and hopeful companions of an unfolding New Year. In ...

The recent rather brutal attacks on some of America’s most prestigious universities by the president of the United States are the culmination of years of a wanton disregard by these institutions of ...

More than 60 years ago, research by the economist Robert Solow highlighted the importance of innovation for growth but shed little light on how to generate that innovation. Aghion, Antonin, and Bunel, ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Erika Rasure is globally-recognized as a ...