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 drastic disruptions bring new political leaders, policymakers respond with major changes. We’re living in such a time, even if it’s not clear how much a pandemic, rampant inflation, international ...

I’m not sure if this is a classic bubble story. I keep coming back to Schumpeter and creative destruction to make sense of AI’s disruption. Some business models may be more fragile than we think, and ...

The 2025 Nobel Prize in Economic Sciences was awarded to Joel Mokyr, Philippe Aghion, and Peter Howitt for their groundbreaking work on innovation-driven economic growth. Their research offers a ...