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 ...

For a year-end read, try Harvard historian Sven Beckert's new book, ‘Capitalism: A Global History.’ It traces the global ...

The anomalies studied by behavioral economists suggest that logic is rarely the most important factor in decisions.

The post This 1,300-Page Anticapitalist History Gets a Few Things Wrong appeared first on Reason.com.

Saint Augustine There is an ancient saying, attributed to Aesop: “We hang the petty thieves and appoint the great ones to ...

It recalls a recent opinion piece by Wall Street Journal editorial page columnist Joseph Sternberg. Titled “The Fed Quietly ...

Easterly questions if economic development is really development unless all parties have the right and opportunity to consent ...

Boxing fans will be hoping 2026's kickoff month is a sign of things to come, because we're starting this year off with a bang ...

In the 1970s, Congress passed a raft of laws to hold the White House accountable. President Trump has decided they don’t ...

Michael Every (Global Strategist, Rabobank) makes a remarkable categorisation of mercantilists and neo-mercantilists. He has ...

President Donald Trump has thrust the country into a significant new phase in his showdown with Venezuela with a CIA strike on a port facility.