The environment has long been the undisputed territory of the political left. Philosopher Roger Scruton agrees that the environment is the most urgent political problem of our age but argues in his new book "How to Think Seriously About the Planet" that conservatism is far better suited to tackle environmental problems than either liberalism or socialism.

The extraordinary power given to regulators--and particularly the Federal Reserve--is likely to change the nature of the U.S. financial system.

The results of a recent study suggest that private equity buyouts raise overall productivity and accelerate the reallocation of capital and labor to more productive uses, but have a negligible effect on net employment.

Obama and his team seem sharply opposed to the view that creative destruction is a valuable economic force.

This Bradley Lecture is based on Brooks’s new book, “The Road to Freedom: How to Win the Fight for Free Enterprise” (Basic Books, May 2012).

In his new book, “Phake: The Deadly World of Falsified and Substandard Medicines,” Roger Bate explores the underground trade in illegal medicines that kills over 100,000 people per year and supplants billions of dollars of real products.

The Road to Freedom explains how mainstream Americans, who overwhelmingly support an opportunity society, can win power back in 2012. It will build on the key themes of The Battle by explaining how free enterprise principles can be translated into a governing philosophy, substantive policies, and tangible reform.

An interview with Thomas K. McCraw on Schumpeter's work and influence.