In the struggle between capital and labor, more often than not capital has won, because the real source of value for most companies has historically been the hard assets that they owned and controlled.

Wall Street has come a long way from the insider-dominated world that was blown apart by the Great Depression.

Standards wars involve lots of variables, and understanding them often seems more an art than a science. They generally involve just two big players, and end in a winner-take-all situation.

Political risk is hard to manage because so much comes down to the personal choices of policymakers, whether prime ministers or heads of central banks.

Medical tourism can be considered a kind of import: instead of the product coming to the consumer, as it does with cars or sneakers, the consumer is going to the product.

Congressional Republicans themselves have vehemently defended the idea that preexisting conditions should not be used to deny people insurance.

Of course, presidents are always blamed or rewarded for the state of the economy.