Why Britain’s attempt at small government proved unable to cope with the challenges of the modern world In the nineteenth century, as Britain attained a leadi

How American industries rose to dominate the economic landscape in the twentieth century For much of the twentieth century, American corporations led the world

This book places economic debates in their historical context and outlines how economic ideas have influenced swings in policy.

Say's Law—the idea that "supply creates its own demand"—has been a basic concept in economics for almost two centuries. Thomas Sowell traces its evolution a

Since the 1960s the number of highly educated professionals in America has grown dramatically. During this time scholars and journalists have described the grou