This week, I turn to “creative destruction”. The concept was popularised by Austrian political economist Joseph Schumpeter in the 1940s, and describes how old ideas, technology and businesses ...

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.

China’s leaders must be wondering whether they are hallucinating or whether America’s political class really has lost its mind, committing economic and geopolitical self-harm on a breathtaking scale.

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 ...

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

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

First of all, the well-heeled union officials have explicitly marshaled themselves for measures that will operate at the ...

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 ...