North Korea is not really the right sort of place to be finding evidence that the nostrums of Adam Smith ... This growth was brought about, above all, by the emergence of the private economy.

Images: AP/AFP/Getty Images Composite: Mark Kelly Adam Smith’s last will and testament left his nephew David Douglas feeling disappointed. He received far less than he had hoped, and the will ...

Here is the awkward Scottish bachelor at his best. Anyone can follow his reasoning. His logic is indisputable. Yet at the same time he is overturning an assumption which would otherwise strike ...

circa 1780: Adam Smith (1723-1790). Scottish economist and philosopher. Professor of moral philosophy at University of Glasgow from 1752, published ‘Theory of Moral Sentiments’ 1759, wrote ...

Since the world economy is apparently about to go to heck ... and a tolerable administration of justice.” Adam Smith 2. “There is one rule for the industrialist and that is: make the best ...

Learn about our editorial policies Adam Smith was ... and built greatly upon Smith's works. However, while Smith wrote that capitalism was an ideal state for economic growth, Marx believed that ...

The tercentenary of Adam Smith’s birth is an opportunity to consider how his insights into the dynamics of economic growth continue to shape our understanding of the world today. But what if the ...

Interestingly, this train of thought led me to Adam Smith and his concept of the “economic man”. Adam Smith’s The Wealth of Nations famously states, “It is not from the benevolence of the ...

Adam Smith was born in 1723. This year he turns 300. To celebrate, National Review Capital Matters offers the Adam Smith 300 series. An essay on Smith will appear monthly throughout 2023 ...