All Posts Tagged With: "The Wealth of Nations"
Adam Smith Reveals His (Invisible) Hand
“Adam Smith had one overwhelmingly important triumph: he put into the center of economics the systematic analysis of the behavior of individuals pursuing their self-interest under conditions of competition.”—George Stigler (emphasis added) Critics of laissez faire—from Cambridge economic historian Emma Rothschild to British Labor Party leader Gordon Brown—have recently attempted to wrestle Adam Smith out [...]
21Apr2011 | Mark Skousen | 2 comments | ContinuedMy Favorite Libertarian Books*
I am one of the many millions of beneficiaries of Andrew Carnegie’s public libraries. The one in the small town in which I grew up (Rahway, New Jersey) fed my early interest in books, providing a range of reading matter that was available in no other way, since there were few books at home. That [...]
28Jun2010 | Milton Friedman | 4 comments | ContinuedBook Reviews – January 2008
- The Cure: How Capitalism Can Save American Health Care
by David Gratzer Reviewed by Jane M. Orient
- Self-Determination: The Other Path for Native Americans
Edited by Terry L. Anderson, Bruce L. Benson, and Thomas F. Flanagan Reviewed by William L. Anderson, Jr.
- The Wal-Mart Revolution
by Richard Vedder and Wendell Cox Reviewed by George Leef - On the Wealth of Nations
by P.J. O’Rourke Reviewed by Raymond J. Keating
Pharmaceutical Profits and Health Are Inconsistent?
In a critical review of Richard Epstein’s book Overdose: How Excessive Government Regulation Stifles Pharmaceutical Innovation, Arnold Relman (The New Republic, July 30) criticizes drug companies for their hypocrisy. Contrasting the companies’ message to stockholders with their message to the larger world, he quotes Pfizer President Jeffrey Kindler’s statement that his goal is “to create [...]
1Nov2007 | David R. Henderson | 0 comments | ContinuedInstitutions and Development: The Case of China
James Dorn (jdorn@cato.org) is a China specialist and vice president for academic affairs at the Cato Institute. He is coeditor of China’s Future: Constructive Partner or Emerging Threat? (Cato Institute, 2000). An earlier version of this article appeared in Vital Speeches of the Day (November 15, 2005). From a liberal perspective the goal of economic [...]
1Jun2006 | James A. Dorn | 0 comments | ContinuedWhat’s Wrong with How We Teach Economics
Brandon Crocker is a real estate executive in San Diego. The decline in the core curricula of universities and the growing “cultural illiteracy” of high school and college graduates have been lamented in many books and articles. As universities have redesigned their curricula to fit the demands of political correctness and the particular interests of [...]
1May2003 | Brandon Crocker | 0 comments | ContinuedIt All Started with Adam
Adam Smith, that is. Having just completed writing a history of economics,[1] I have concluded that, despite the protestations of Murray Rothbard and other detractors, the eighteenth-century moral philosopher and celebrated author of The Wealth of Nations deserves to be named the founding father of modern economics.
1May2001 | Mark Skousen | 1 comment | ContinuedAdam Smith: Moral Philosopher
James Otteson is a professor of philosophy at the University of Alabama. Adam Smith was not solely an economist, though that is almost exclusively how he is known today. His Inquiry into the Nature and Causes of the Wealth of Nations (WN) is one of the most important books in the Western tradition. Aside from [...]
1Nov2000 | James R. Otteson | 0 comments | ContinuedBook Review: The Life of Adam Smith by Ian Simpson Ross
Clarendon Press, Oxford • 1995 • 495 pages • $35.00 If you ever wondered what books Adam Smith’s father kept in his library, then Ian Simpson Ross’s The Life of Adam Smith is for you. Indeed, Ross’s biography of the father of free-market economics is jam-packed with such facts regarding Smith, his family, teachers, friends, [...]
1Mar1997 | Raymond J. Keating | 0 comments | Continued-
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