Browsing: Nations

“[W]hatever we may think of Smith and the Wealth of Nations they did become symbolic of the new discipline of economics through the centuries and it…

Much of Adam Smith’s writing in An Inquiry into the Nature and Causes of the Wealth of Nations (WN) is concrete. He explores examples of contemporary…

Imagine that you spent 250 years being called the wrong name. That’s basically what’s happened to Adam Smith’s treatise. Everyone refers to it as “The Wealth…

For Smith, moral philosophy is the study of virtue and the faculty of mind that allows us to determine what is praise- or blameworthy conduct. When…

The Wealth of Nations is a true classic of English literature. It is just not one that has ever been widely loved or popularly read. When…

“Much of Book 3 is dedicated to a historical account of how and why the feudal order that prevailed throughout Europe for many centuries eventually gave…

We’re joining our friends at Liberty Matters in their celebration of the 250th anniversary of the publication of An Inquiry into the Nature and Causes of…

The lesson is thus clear: Welcome multiple banks of issue and make sure there is always full convertibility, and bankers will be prudent and the economy…

“Smith is a friend of competitive markets and the division of labor and the institutions that secure these. But within the division of labor and the…

Today at Econlib, we’re joining our friends at Liberty Matters in their celebration of the 250th anniversary of the publication of An Inquiry into the Nature and…