In their letter “The Virtues of the ‘Knowledge Theory of Value’” (May 1), Gale Pooley and George Gilder emphasize the importance of knowledge in economic value. In doing so, however, they provide ...
Reprinted with the permission from Surgical Management Professionals, as published in the Spring 2012 Issue of the SMP Connection, www.smpsd.com.Many of you may know the name but not much more about ...
My first trip to Europe, in 1987, was to visit the Edinburgh grave of the father of economics, Adam Smith. Born in 1723, Smith died in 1790. During his lifetime he was rightly regarded as one of the ...