Adam Smith Reveals His (Invisible) Hand!
Today is the anniversary of the publication of Adam Smith’s most famous work, ”The Wealth of Nations” (March 9, 1776). To celebrate this important day,…
Read MoreToday is the anniversary of the publication of Adam Smith’s most famous work, ”The Wealth of Nations” (March 9, 1776). To celebrate this important day,…
Read MoreVia Tom Clougherty at the Adam Smith Institute, Mervyn King and narrow banking: Ultimately, the problem with modern banks is that they do not operate…
Read MoreAccording to popular thinking, not every increase in the supply of money will have an effect on the production of goods. For instance, if…
Read MoreIt has become fashionable for our politicians to give us lists and pledges about things they will do or will not do to improve…
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