Explore how political economy examines the impacts of economic theories, like capitalism, on real-world interactions and policies globally.

Excess regulation harms economic activity by increasing compliance costs and misallocating resources away from more profitable activities, thus discouraging innovation, investment, and economic growth ...

Industry self-regulation, a form of “soft law,” has long been a key element in the governance of the U.S. economy, offering businesses a vehicle to establish and enforce standards that enhance ...

OpenAI, the creator of ChatGPT, has halted its major data centre project in Britain. Unfavourable regulations and high energy ...