Mr Cassidy wastes little ink agonising over precisely what capitalism means. Instead, he tells its story in mosaic fashion, ...

Celebrating the anniversary of a bona fide animated masterpiece gives weight to reflection on the meaning of life itself, far beyond the promise of just another sparky animation, finds Karl Smith ...

Capitalist and socialist economies are very different; capitalism relies on the markets, while socialism relies on government planning. Each system has its pros and cons.

Adam Smith was one of the first economists to develop the underlying principles of rational choice theory. Rational choice theory is often associated with the concepts of rational actors and the ...

One move Thibs pulled in Game 2 was sitting superstar Karl Anthony-Towns for nearly seven minutes in the 4th quarter. The move did NOT prove effective. Now, famed analyst and known Knicks fan Stephen ...

Description: The phrase invisible hand was introduced by Adam Smith in his book 'The Wealth of Nations'. He assumed that an economy can work well in a free market scenario where everyone will work for ...

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