Debates about capitalism, socialism and communism are often driven more by emotion than understanding. What do these labels mean — and do they work?

New Delhi, Oct. 29 -- At the United Nations General Assembly, U.S. Ambassador Mike Waltz accused Cuba of using the annual UN vote to deflect blame for its economic collapse. Waltz called the session ...

Discover how command and mixed economies differ, focusing on government control vs. private sector influence, supply and demand, and economic growth strategies.

The disappointing growth numbers out of Communist China are prompting calls for more stimulus from Beijing. This overlooks the fact that the problem isn’t with the Chinese economy, it’s with communism ...