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 ...

In the late 1990s-early-2000s timeframe, the term “creative destruction” came into vogue, as digital-native businesses swept away cobwebs in their respective markets, spurring an ensuing wave of ...