11 “good news” stories you may have missed in 2015

  Bad news usually tops the headlines, while good news gets overlooked. This holiday season, share some good news and give the gift of hope. Here are eleven positive stories from 2015 you may not have heard about. 1. Scientists are on the verge of curing cancer. This past summer, former president Jimmy Carter announced that he had been diagnosed […]

Schumpeter and the Future?

Brad Delong argues that while dead almost six decades, Joseph Schumpeter’s economics are to the 21st century what Keynes was to the 20th century.[1] This is interesting to me because Schumpeter seemed to me to be very much stuck in past eras, particularly the industrial revolution and the Great Depression. But to view Schumpeter as […]

Yunus on Free Market Economy

The following is part of Muhammad Yunus’ Nobel Prize Lecture. This section is titled “Free Market Economy.” Free Market Economy Capitalism centers on the free market. It is claimed that the freer the market, the better is the result of capitalism in solving the questions of what, how, and for whom. It is also claimed […]