Without making a big deal about it, Boris Johnson, British Minister of Foreign Affairs is now resuming subsidizing Adam Smith International (ASI) following a two-month break. In December 2017, the BBC programme Panorama had shown that...Show More Summary
Roused by the rise of Paul Ryan, the Pulitzer Prize-winning playwright Bruce Norris takes a jaundiced look at Adam Smith.
The first premise of Adam Smith’s famous metaphor about an “invisible hand” leading individuals to promote the public interest, although they intend only private gain, was that there is only so much work to go ’round. That is, Smith assumed there was a certain quantity of work to be done — a “lump of labor.” […]
Adam Smith of Sarasota, Florida posted footage of his wife, Angelica Smith, being pulled over by Sarasota Police officer Cliff Cespedes for a completely unjustified reason. Talking Toy Hamster on Dashboard Mimics Russian Police OfficerFlorida State Trooper Pulls Over & Arrests Miami Police Officer for Driving 120 MPH on HighwayLauren Cohan of ‘The Walking Dead’...
Should-Read: Adam Smith (1776): [Publicly Funded Education](http://www.econlib.org/library/Smith/smWN20.html): "In the progress of the division of labour, the employment of the far greater part of those who live by labour... >...that is, of the great body of the people, comes to be confined to a few very simple operations, frequently to one or two. Show More Summary
Categories: Procurement Strategy & Planning, Risk Performance and Compliance, Supply Chain Management, World Trade Tags: Plus Adam Smith is famous for coining the phrase the “invisible hand” to suggest the collective transparent forces of a market that work together as a whole based on the self-interest of participating members. Show More Summary
“Massacre of the middle-aged men” shouts today’s Daily Mail. Let’s leave aside the over-entitled self-pitying here and ask how people can possibly believe such guff. What’s going on here is an old phenomenon described by Adam Smith: We frequently see...
Exclusive clip of Steve Bannon packed up to leave the Breitbart embassy. pic.twitter.com/QyPfFlO40z — Adam Smith (@asmith83) January 9, 2018 HuffPost right now pic.twitter.com/YriJVzMokH — Jillian Stampher (@JillianStampher) JanuaryShow More Summary
Adam Smith’s famous line about members of the same trade meeting together was a reference to occupational licensure — and Colorado’s unique delicensing of funeral directors in 1983 allows a natural experiment [Brandon Pizzola and Alexander...Show More Summary
A 32-year-old Lompoc man was arrested on suspicion of residential burglary after police caught him inside a Montecito residence Tuesday night, authorities said. Adam Smith allegedly set off an alarm at a home in the 1000 block of Channel Drive and was spotted on surveillance video by the property’s...
Alexandra Dariescu - The Nutcracker and I (Photo Mark Allen) Tchaikovsky, Alexandra Dariescu The Nutcracker and I; Alexandra Dariescu, Amy Drew, Nick Hillel, Adam Smith, Jenna Lee; Milton Court Concert Hall Reviewed by Robert HugillShow More Summary
Sebastien Roblin Security, Asia The SM-3 might be the way to beat Kim's nukes in a war. On December 2, Reuters published an article claiming U.S. congressman Mike Rogers and Adam Smith had both suggested that the Pentagon was considering...Show More Summary
Adam Smith warned that “People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.” Although Smith’s warning is often quoted, few people know that what Smith was talking about was occupational licensing. Show More Summary
The chair of the White House Council of Economic Advisors, Kevin Hassett, visited Cato last week to talk about tax reform. Under Kevin’s leadership, the CEA has produced two reports discussing how corporate tax cuts can boost wages and...Show More Summary
Bournemouth boss Eddie Howe says the Cherries were denied a "clear penalty" as Adam Smith was judged to have dived as Sofiane Boufal attempted to tackle him, during his side's 1-1 draw against Southampton.
Longtime EconTalk listeners have had much occasion to consider the influence of Adam Smith. In this week's episode, discussion of Smith takes an interesting turn as host Russ Roberts welcomes political scientist Dennis Rasmussen to the show. Show More Summary
Over two dozen attendees at the "Adam Smith Forum," a libertarian conference over the weekend in Russia, were arrested by authorities, according to a report from the Freedom Today Network site (an Irish site for millennial libertarians). The...Show More Summary
How did the friendship between David Hume and Adam Smith influence their ideas? Why do their ideas still matter today? Political Scientist Dennis Rasmussen of Tufts University and author of The Infidel and the Professor talks with EconTalk...Show More Summary
(John Hinderaker) Adam Smith said there is a lot of ruin in a country, but Venezuela is getting ridiculous. How much lower can socialism drag that once-prosperous place? Venezuelans have eaten their pets and raided zoos for dinner; now,...Show More Summary
JOHN HINDERAKER: Socialism Causes Underage Prostitution. “Adam Smith said there is a lot of ruin in a country, but Venezuela is getting ridiculous. How much lower can socialism drag that once-prosperous place?”