If creation is the primary protagonist of economic growth, destruction is a necessary evil. In tandem, they enable people, capital and other resources to be redeployed more efficiently in the economy.

American Higher Ed Needs the Creative Destruction of the Marketplace Students walk between classes on the Locust Walk on the campus of the University of Pennsylvania in Philadelphia, Pa., in 2017.

Salinee Hanvareevongsilp"s family moved home for a job opportunity when she was five and the land was subsequently developed into Siam Square in 1965. Still, it remained her favourite haunt. She ...

He began his second term by brandishing American hard power, threatening Denmark over the control of Greenland, and ...

The sweeping victory of the charismatic Zohran Mamdani in the Democratic New York mayoral election has the business community ...

Human beings can be a wonderfully creative species. We can also be very good at destruction, including of other species and ...

History teaches us the mistake the US government made in turning its back on creative destruction and instead propping up steel companies. Steel production stagnated in the 1980s and 1990s.

The Schumpeter effect, named for the Austrian economist who believed capitalism requires creative destruction, is alive and well in America. American companies are younger and more dynamic.

Asheville is bouncing back from Hurricane Helene. This Western North Carolina mountain town is ready for your visit.

The world’s biggest economies, including the US, China, India and Russia, increasingly pay, at most, lip service to the ...