Explore capitalism's core features, including private ownership, minimal government intervention, and a two-class structure, driving free-market economies worldwide.

"Energy transition" is a very common term but has no official definition. This article reviews the four key theories and what ...

In his recent speech at Davos, Canadian prime minister Mark Carney drew on Havel’s book challenging compliance in an age of ...

From markets to spending to debt, usually reliable indicators that forecast where the economy is headed are proving deeply ...

Abstract: In this note, an economically optimal and stabilizing feedback control paradigm for nonlinear systems is introduced. Specifically, an Economic Model Predictive Control (EMPC) that utilizes ...

Laissez-faire economics promotes minimal government intervention in market activities. Adam Smith's idea of the "invisible hand" suggests markets regulate themselves without government aid. Reagan-era ...

Blackout The System launches its Second Wave economic blackout, urging participants to avoid work and shopping from Nov. 25 to Dec. 2. Blackout The System has called for a nationwide boycott, urging ...

What if solving poverty, caring for nature and fostering well-being were the ultimate goals of the economy, instead of growth for its own sake? Environmentalist and economist Gaya Herrington proposes ...

Introduction: This study provides a novel, system-wide framework that integrates food and economic systems using networked input–output. Methods: We demonstrate this framework in analyzing food system ...

Abstract: A digital transformation framework is proposed and its key components are considered, which are realized at separate stages. Particular attention is paid to the monitoring system, which ...