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 ...

Written 249 years ago, the Declaration of Independence encapsulates our principles of freedom and independence. It emphasizes the natural rights of all citizens to enjoy life, liberty and the pursuit ...

Kirkcaldy, a small town on Scotland’s east coast, is a nice place. But aside from a small alleyway, Adam Smith Close, the town has largely forgotten that Adam Smith lived there. The Adam Smith ...

Adam Smith's "The Wealth of Nations," published in 1776, advocated for a free market economy driven by competition and self-interest. Smith argued against mercantilism and government intervention, ...

Written 250 years ago, the Declaration of Independence encapsulates our principles of freedom and independence. It emphasizes the natural rights of all citizens to enjoy life, liberty and the pursuit ...