There will assuredly be a long period of what we call economic growth but ... For Smith's theory does unquestionably lead to a doctrine of laissez-faire. To Adam Smith the least government is ...

Given this zeitgeist, a book on the moral philosophy of Adam Smith is timely indeed. While Smith may be the founder of modern economics, he was first and foremost a professor of moral philosophy. Yet ...

Smith’s The Theory of Moral Sentiments included this passage about spontaneous order vs planned economy. Adam Smith was a Scottish political philosopher and economist, considered one of the ...

“As Adam Smith observed, trade without tariffs makes people richer. The more trade, the more wealth. Tariffs impoverish ...

In this event an expert panel considered drawing lessons from Adam Smith's work on innovation and investment to support sustainable growth. This two-day workshop was held by the Institute of Economic ...

Here is the abstract: This article connects Adam Smith's maxims of taxations-as well as a possible precursor to Smith's maxims: Roussel de la Tour's Richesses de l'etat-with Geoffrey Brennan and James ...

In the Wealth of Nations, Adam Smith argues that a country's national income depends on its labor productivity, which in turn hinges on the division of labor. But why are some countries able to take ...