Adam Smith’s “The Wealth of Nations” and Nobel-winning economist Milton Friedman tell us that government subsidies are always ...

In particular, Trump espouses mercantilism, a doctrine popular in the 17th and 18th centuries. Adam Smith’s famous inquiry in ...

Beggar-thy-neighbour policies aim to benefit domestic economies at the expense of others through protectionist measures like ...

Scotland's History Enlightenment and Empire The Wealth of Nations published The Adobe Flash player and Javascript are required in order to view a video which appears on this page. You may wish to ...

Speaking truth to power has almost become radical chic. Noam Chomsky and Arundhati Roy have argued that ignorance has no part in why the powerful do what they do. Their critique needs a slight nuance ...

Sen. Jerry Cirino reintroduced his pet bill designed to smash what he called academics’ “ woke fiefdom ” that churns out ...

David Ricardo, a notable economist of the Smithian tradition, had reasoned in the Labour Theory of Value that the value of a ...

India’s self-interest doesn’t align with those who believe their teams should boycott their match against Afghanistan in the ...

If there’s one thing everyone can agree on, it’s that Trump gets stuff done. Compared to the UK where the business of government moves at glacial speed, the pace at which he has executed his agenda is ...

When it comes to arguments for international trade restrictions,’ writes Sowell, ‘most of the arguments are fallacious most of the time.’ ...

This article appeared in the Middle East & Africa section of the print edition under the headline “Of Mecca and Mammon” ...