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 ...

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