Browsing: Econlib

I. Atlas Shrugged in Brazil In 1988, when I was 27 years old, I read Ayn Rand for the first time. It was her novel Atlas…

How much is international trade costing Americans jobs? It turns out, not much.  A major objection by protectionists is that international trade with other countries, especially…

Sam Enright works on innovation policy at Progress Ireland, an independent policy think tank in Dublin, and runs a publication called The Fitzwilliam. Most relevant to…

Adam Smith’s publication in 1776 of An Inquiry Into the Nature and Causes of the Wealth of Nations (WN) may not have had a direct influence on the…

Sam Enright works on innovation policy at Progress Ireland, an independent policy think tank in Dublin, and runs a publication called The Fitzwilliam. Most relevant to…

We rely on experts for a lot of our information. By “expert,” I mean someone who is paid for their opinion. Roger Koppl uses this definition…

I first met Gordon Wood in the late 1980s, when I was a graduate student attending a roundtable organized by the Institute for Humane Studies, an…

Adam Smith articulated the rhetoric of the Bourgeois Deal by highlighting fundamental differences among commercial, political, and martial societies. Everyone, he argued, is always practicing oratory…

Sam Enright works on innovation policy at Progress Ireland, an independent policy think tank in Dublin, and runs a publication called The Fitzwilliam. Most relevant to…

March 2026 marked the 250th anniversary of the publication of An Inquiry into the Nature and Causes of the Wealth of Nations (1776). However, Adam Smith…