The modern moving assembly line stemming from Ford Motor Industries in the early twentieth century transformed the nature of the national and world economies, of their forms of labor, lifestyles, and politics. In fact, the current capitalist market system owes its foundations largely to the implicat...

A military power during the 17th century, Sweden has not participated in any war in almost two centuries. An armed neutrality was preserved in both World Wars. Sweden's long-successful economic formula of a capitalist system interlarded with substantial welfare elements has recently been undermined...

i) The Greatest Economist: John Maynard Keynes (1883-1946) Background Keynes went to Eton (as a scholar) and then went to King's College of Cambridge to study Classics and Mathematics. In 1911 he was the editor of the Economic Journal - Britain's foremost economics publication. He also acted as a...