Washington — President Trump on Monday signed an executive order designating illicit fentanyl as a weapon of mass destruction, directing the Pentagon and Justice Department to take additional steps to ...

“In a business, do you want to make your workers more productive, or do you want to replace them with something more productive,” asks retired Brown University professor Peter Howitt PROVIDENCE — ...

Those shaping America’s coal policy can learn something important about creative destruction, the process by which new technologies replace older ones through innovation, from the 2025 Nobel Prize ...

Policymakers shaping America's coal policy can learn something important from the 2025 economics Nobel Prize winners about creative destruction, the process by which new technologies replace older ...

Donald Trump’s destruction of the East Wing of the White House is more than just a serious renovation; it is a metaphor for his dismantling of traditional American governance and institutions. The ...

Forbes contributors publish independent expert analyses and insights. I apply economic insights to improve regulations and their effects. Joseph Schumpeter is having a heyday. In 1942, he coined the ...

When he was a high schooler working part-time for a wool merchant in Ontario, Canada, Peter Howitt was enthralled by watching the prices of wool rise and fall on a small teletype machine. His ...

Economic news was incongruous this past week as three economists got Nobel prizes for their research on factors that determine how well economies grow over the long term just as President Donald Trump ...

Ray Perryman is the head of The Perryman Group and serves as a distinguished professor at the International Institute for Advanced Studies. Each year, the Royal Swedish Academy of Sciences awards the ...

Prize showcases work on factors that underpin economic growth Winners are professors at U.S., French and British universities Aghion wants Europe to learn from U.S. and China Howitt questions Trump's ...

Officials of the Royal Swedish Academy of Sciences announce the winners of the Nobel Prize for Economic Sciences. (Rob Schoenbaum/Zuma Press) Joel Mokyr, Philippe Aghion and Peter Howitt were awarded ...

A winner of this year's Nobel prize in economics warned Monday that artificial intelligence offers "amazing possibilities" but should be regulated because of its job-destroying potential. The remarks ...