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 ...
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 ...
It’s not infrequently said that Adam Smith “invented” capitalism with his publication The Wealth of Nations, but the real truth (one stressed by Matthew Hennessey in Visible Hand) is that Smith ...
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