More than 245 years ago, an unassuming Scottish tutor to a young British duke published a sprawling manuscript about how, when, and why nations become materially prosperous. At first glance, An ...

Forbes contributors publish independent expert analyses and insights. I share tips about launching, validating and growing startups. When it comes to concepts from economics useful to startup founders ...

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 ...