Mixed Economy: A Detailed Summary

A mixed economy is considered to be in the middle of the economic spectrum and is based on the principles of both collectivism (left) and individualism (right). This article details the main principles, examples, positives and negatives of a mixed economy.

Franklin D. Roosevelt: A Detailed Biography

Franklin D. Roosevelt

Franklin D. Roosevelt, the 32nd President of the United States, is celebrated for his leadership during the Great Depression and World War II, and for implementing the transformative New Deal policies. This article details the life and significance of Franklin D. Roosevelt.

Socialism: A Detailed Summary

Socialism is a left-wing economic system that favors government intervention in the economy in order to try to decrease the imbalances created by laissez-faire capitalism. This article details the history, types, main principles, negatives and positives of socialism as an ideology.

Friedrich Hayek: A Detailed Biography

Friedrich Hayek was one of the most significant economic thinkers of the 20th century and championed free market capitalism. This article details the life and significance of Friedrich Hayek.

Great Depression: A Detailed Overview

Great Depression

The Great Depression was one of the most significant events of the 20th century. It was a time of incredible economic hardship that has left a lasting legacy on the world.