Imagine you're an American businessman. You run a company of anywhere from 50 to 1,000 employees. You recognize that the economy is currently struggling through a difficult phase. Your experience with economic cycles over the years has been gained within a broad framework of American entrepreneurism, capitalism and free enterprise. ...more

November 12, 2009

As the global economic recession persists, many Europeans are talking about the end of capitalism. They forget that capitalism in Europe had already once given way - often violently - to statism and corporatism in the 1930s, to be revived in only a handful of countries in the 1980s. ...more

January 25, 2009

New York Mayor Michael Bloomberg and Microsoft founder Bill Gates said Wednesday they will together provide $500 million to fight tobacco use around the world, especially in developing countries where smoking rates are rising. ...more

July 24, 2008