Scandinavia is not socialist; in fact, they are often ranked far higher than socialist economies like Venezuela in terms of ...

Well New York, you did it: The world’s financial capital just elected Zohran Mamdani, a Democratic Socialist, as its 111th mayor. For all of the enthusiasm of his mostly millennial and Gen Z ...

Discover how the Nordic model blends capitalism and social welfare, compared to the U.S. system, with insights on taxation, social services, and economic efficiency.

Donald Trump's acquisition of a 10% federal government stake in Intel, a major electronics firm, is an example of the dangerous similarities between right-wing nationalist and left-wing socialist ...

The off-year elections are over. After winning two key governorships and many other races, Democrats are happier than Republicans. And pundits are ascribing a lot of economic meaning to the outcome.

One great irony of our times is that the claims of economic decline that animate both the MAGA movement and the Democratic Socialists of America are indistinguishable from one another. Both camps ...

A 2020 email from Peter Thiel to Meta Platforms (NASDAQ:META) CEO Mark Zuckerberg and venture capitalist Marc Andreessen resurfaced and went viral after Mamdani's victory, Fortune reported. In the ...

In a twist that would make Karl Marx smile and Adam Smith spin in his grave, President Trump’s recent economic moves have accidentally created the very socialist system his supporters claim to despise ...

Explore Ludwig von Mises' influential Austrian economics, key theories against socialism, and contributions to free-market capitalism.

Argentina’s recently inaugurated president, Javier Milei, spoke at the World Economic Forum on Wednesday, where he said, “The West is in danger.” Milei said establishing free markets is the only ...

Reason has a rule against starting essays with quotes from Friedrich Hayek. After all, one could start nearly every essay in this magazine with a bon mot from the Austrian-born economist and classical ...

Mamdani has been a member of the Democratic Socialists of America since 2017. When Donald Trump defeated Hillary Clinton in the 2016 presidential election, Grace Mausser had just graduated from ...