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This year we celebrate the 300th anniversary of the birth of Adam Smith, and the coming years ... The 19th century economist David Ricardo called this "comparative advantage" in his explanation ...
Economists sometimes present their discipline as the queen of the social sciences, a claim staked primarily on a superificial resemblance to physics: It has universal laws! Expressed in numbers!
Adam Smith died on July 17 ... Smith's ideas are evident in the work of David Ricardo and Karl Marx in the 19th century, and John Maynard Keynes and Milton Friedman in the twentieth century.
They have been staunch advocates of free trade dating back to Adam Smith and David Ricardo. Throughout the post-war era, their guiding principle has been that the gains from trade outweigh the costs.
David is comprehensively experienced in many ... an influential text published by Scottish philosopher and economist Adam Smith in 1776. Its full title is "An Inquiry into the Nature and Causes ...
David is joined this week by Dr. Glory Liu, author of the new book, Adam Smith’s America: How a Scottish Philosopher Became an Icon of American Capitalism. David and Glory discuss the vast ...