I cannot easily adjust the indentation, but this is all text from the journal issue, not from me: In this issue (.pdf): Symposium: My Understanding of Adam Smith’s Impartial Spectator The mysterious impartial spectator is addressed by...Show More Summary
In a recent post, I mentioned how fears about Britain’s economic prospects outside the EU were damaging the chances of a Brexit vote on June 23. Channeling EU Referendum’s Richard North and the Adam Smith Institute’s Roland Smith, IShow More Summary
On this blog, I have defended a Darwinian classical liberalism in which social order arises best through a largely spontaneous evolution in which individuals are free to pursue the satisfaction of their natural desires. Adam Smith described...Show More Summary
Sell your Adam Smith ties, everybody, and smash your busts of Ronald Reagan. It’s all over. Why? Because we have entered a new era of “nationalism,” or “patriotism,” or simply
For 200 years, there have been two schools of thought about what determines the distribution of income -- and how the economy functions. One, emanating from Adam Smith and nineteenth-century liberal economists, focuses on competitive markets. Show More Summary
Contrary to economists from Adam Smith to Karl Marx to Thomas Piketty, our riches cannot be explained by the accumulation of capital, as the misleading word capitalism implies. The Great Enrichment did not come from piling brick on brick, or bachelor's degree on bachelor's degree, or bank balance on bank balance, but from piling idea on idea. Show More Summary
Adam Smith: [Of the Sentiment of Approbation | Library of Economics and Liberty](http://www.econlib.org/library/Smith/smMS4.html): >The utility of any object... pleases the master by perpetually suggesting to him the pleasure or conveniency which it is fitted to promote.... Show More Summary
By Noam Chomsky / TomDispatch We cannot gain a realistic understanding of who rules the world while ignoring the “masters of mankind,” as Adam Smith called them: in his day, the merchants and manufacturers of England; in ours, multinational conglomerates, huge financial institutions, retail empires, and the like.
DAN MITCHELL: Milton Friedman, Adam Smith, and Other People’s Money.
Last week, the now-presumptive Republican presidential nominee, Donald Trump, accused Hillary Clinton of playing the "woman's card." That apparently got Adam Smith, the co-creator of the viral-meme sensation Texts from Hillary, thinking: Is...Show More Summary
(April 30, 2016 01:05 PM, by Emily Skarbek) I have just come across a nice two part documentary on Adam Smith available at Free to Choose TV. The videos give those unfamiliar with Smith's thought a good introduction to his life and work in both the Theory of... (0 COMMENTS)
Submitted by Adam Smith via PeakProsperity.com, Students of Austrian business cycle theory are familiar with the term malinvestment. A malinvestment is any poor use of resources or capital, commonly made in response to bad policy (usually artificially low interest rates and/or unsustainable increases in the monetary supply). Show More Summary
Nearly two and a half centuries after Adam Smith vanquished the mercantilists, mercantilism is the beacon of U.S. trade policy. In descending order of priority, U.S. trade policy is oriented toward three objectives: (1) Accelerating...Show More Summary
Following a national nomination process for a visual artist to honor, the U.K. has announced the new face of the £20 bill. He's known for landscapes, seascapes and innovative depiction of light.
Sam Bowman of the UK’s Adam Smith Institute writes what he calls “a neoliberal case for a basic income.” Despite his loathing for the term neoliberal, Jason Kuznicki embraces this case and builds upon it, with reference to Levy and Hayek.
Gavin Kennedy: ["Bound by The World Order in Which He Lived:" On Why Adam Smith Was a Realist, Not an Ideologue](http://simplycharly.com/people/adam-smith/read/interviews/bound-by-the-world-order-in-which-he-lived-gavin-kennedy-on-why-adam-smith-was-a-realist-not-an-ideologue):...Show More Summary
(April 15, 2016 11:58 AM, by Emily Skarbek) Adam Smith argues that political leaders rely on decorum to shape their rhetorical appeals, and that voters look for the fit between speech and character to gauge moral trustworthiness. In other words, the audience of a politician is attracted to... (0 COMMENTS)
In 2010, Adam Smith stepped aside as CEO of Xobni — a then-hot e-mail management startup he had cofounded in 2006 out of his MIT dorm room. Today, almost six years later, Smith introduces his next venture, Kite: A new tool that makes...Show More Summary
His new book is titled Legislating Instability: Adam Smith, Free Banking, and the Financial Crisis of 1772. From Harvard University Press, here is one summary bit: The central argument of my thesis is thus that the salient financial...Show More Summary
By Scott Dewey British Prime Minister Margaret Thatcher, the "Iron Lady" of the UK's local version of the global neoliberal conservative reaction of the late 1970s against the various more liberal social and fiscal policies of the earlier postwar decades, reportedly carried in her purse a copy of Adam Smith's famous book, The Wealth of Nations. Show More Summary