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The gubernatorially appointed boards that oversee Texas universities soon could have new powers to control the curriculum ...
House Republicans shamelessly passed a spending bill that cuts assistance for the poorest Americans to continue tax cuts for ...
Oligarchs, exiled leaders, hedge fund managers and high net worth locals have coexisted in a city where old and new money ...
When economists celebrate the 250th anniversary of the publication of Adam Smith’s The Wealth of Nations next year, US President Donald Trump’s mercantilism will constitute an incongruous ...
If Adam Smith is to be made "accessible" in these days, an abbreviated edition of "The Wealth of Nations" is necessary. This present little volume gives the substance of that epoch-making book.
In doing so, however, they provide further evidence that Adam Smith got there first. Before discussing the concept of value in “The Wealth of Nations” (1776), Smith notes the importance of ...
IT was in 1776, the year of the American Declaration of Independence, that celebrated economist Adam Smith’s magnum opus Wealth of Nations was published. While almost everyone in the economics ...
(Photo by Hulton Archive/Getty Images) Adam Smith taught us that trade is not a zero-sum game 250 years ago. Trump may not have read his Wealth of Nations, but the rest of the world now must ...
But we would all be better off if Adam Smith had skipped the bit about “the invisible hand.” He meant little, if anything, by it—he used the term only once in the entire two volumes of The Wealth of ...
These were set out by Adam Smith in The Wealth of Nations (1776) as “canons of taxation." They still serve as a good test for tax ideas. The first canon is that of ‘equity.’ The tax burden ...