Over at the Adam Smith Institute, Kate Andrews offers up a provocative post. “Make Britain safer,” she cries. ”Bring back handguns.” In proposing this course, Andrews is relying heavily on a study that purports to show that...Show More Summary
I’ve recently begun the Ethics & Economics Challenge program with students at Merrimack Valley High School in Concord, N.H. We’ve been discussing what Adam Smith’s Theory of Moral Sentiments can tell us about what types of moral duties may legitimately be enforced. I’m blogging my reflections as we go. Here is a selection from the […]
Paul Lambert's dismissal from Aston Villa has sparked rumours over who will replace him in Birmingham. Adam Smith of The Daily Mail and others have suggested that perhaps United States manager Ju rgen Klinsmann could be in the running for the job. Show More Summary
Adam Smith's economics is indeed capable of shedding a lot of light on the phenomenon of commodity money: Timothy Burke Touches on Issues of Monetary Theory 2005-09-06 In comments, the smart and thoughtful Tim Burke writes about: >Tim...Show More Summary
(February 11, 2015 02:37 PM, by David Henderson) How Russ Roberts Can Change Your Life I recently sent off my review of Russ Roberts' book How Adam Smith Can Change Your Life. The publication I sent the review to is a quarterly and so it should run in... (0 COMMENTS)
Mercatus Center graduate fellowship applications are at this link. And if you are enrolled elsewhere: “The Adam Smith Fellowship is a one-year, competitive fellowship for graduate students attending PhD programs at any university, in a variety of fields, including economics, philosophy, political science, and sociology. Show More Summary
(February 4, 2015 11:29 AM, by Bryan Caplan) All good economists love the Adam Smith quote about the baker:But man has almost constant occasion for the help of his brethren, and it is in vain for him to expect it from their benevolence only. He will be more... (0 COMMENTS)
"Bust of Adam Smith" by Patric Parc, 1845. (Wikipedia) "M ainstream economics" has been a bone of contention for more than a century and the tussle continues today. Just look around. You can see this history repeat itself in the estimable...Show More Summary
R (on the application of Rights of Women) v Secretary of State for Justice  EWHC 35 (Admin) – read judgment Neil Sheldon and Alasdair Henderson (instructed by The Treasury Solicitor) acted for the Defendant in this case. They have nothing to do with the writing of this post. The campaign group Rights of Women […]
What would the great Scottish philosopher say about the financial crisis?
(January 22, 2015 07:26 AM, by Alberto Mingardi) Shall we claim the word "liberal" back? David Henderson has already written on Dan Klein's gallant effort to regain the word "liberal" for the "Adam Smith liberals" (see here and here). Klein has a new interview with Jeffrey Tucker, which... (0 COMMENTS)
Chris Edwards I love Adam Smith. He didn’t get everything right, but he got the big things right. Oftentimes, he really nailed it. Today, I woke up early and my newspaper had not arrived yet. So I cracked open The Wealth of Nations on...Show More Summary
Christina McRorie urges us to rethink them, going back to Adam Smith to show that there’s more to economic analysis than narrow, self-interested calculations. She reminds us that Smith wrote The Theory of Moral Sentiments before he turned to The Wealth of Nations: Smith’s moral psychology is decisively operative in The Wealth of Nations, and […]
Although Adam Smith wants a limited government, it is clear that Smith thinks that the "system of natural liberty" does require some governmental activity to provide the military defense, the administration of justice, and the public goods that cannot be provided through private activity and free markets. Show More Summary
In Britain, Conservative Party proposes pullback from involvement in European Convention on Human Rights [BBC, Telegraph with more coverage, Isabel Hardman/Spectator, Economist, Jon Holbrook/Spiked, Adam Smith Institute, Dominic Grieve/Prospect, Basak Cali/OJ] Lessons of forgotten debates in U.S. Show More Summary
(December 30, 2014 12:01 AM, by Bryan Caplan) Economists are notorious for emphasizing the selfishness of human motives. The immortal words of Adam Smith are the gateway drug:It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from... (0 COMMENTS)
While investors’ attentions were focused on last week’s economic reports, new highs in various indices and Christmas, the proverbial tree in the forest fell and was not heard. Verily to a cornered Vladimir Putin, who is feeling the pressure of a crude oil and Russian...
IN THE MAIL: What Adam Smith Knew: Moral Lessons on Capitalism from Its Greatest Champions and Fiercest Opponents. Plus, today only at Amazon Gilmore Girls: The Complete Series Collection, $52.99 (80% off). And, also today only: Up to 60% off Rockabye Rockers.
In The Theory of Moral Sentiments, Adam Smith distinguishes two kinds of social order:"It is thus that man, who can subsist only in society, was fitted by nature to that situation for which he was made. All the members of human society stand in need of each others assistance, and are likewise exposed to mutual injuries. Show More Summary
EXCLUSIVE- A24 has acquired U.S. rights to director Adam Smith's anticipated feature debut Trespass Against Us, starring Michael Fassbender (X-Men: Days of Future Past) and Brendan Gleeson (Calvary). The heist pic charts the fortunes of the outlaw Cutler family led by father and son duo Gleeson and Fessbender. Show More Summary