Thank a Scot for our 100-fold increase in America’s standard of living. Monday, June 5, marks the 300th birthday of a Scottish philosopher considered the father of free-enterprise capitalism and our ...
On the occasion of his 300th birthday, Adam Smith—the Scottish Enlightenment luminary and so-called father of capitalism—was not available for comment, despite attempts to contact him via Ouija board ...
Although Adam Smith is well-known for emphasizing division of labor, his analysis was woefully incomplete, as Dr. Mark Thornton points out.
Anna Plassart does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...