Prices are up to five times higher than the raw costs of production for many of the goods and services we all need.
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Articles on Adam Smith
Displaying 1 - 20 of 23 articles
Hives that travel by truck, bees paid for their pollination service, adulterated honey, economic theories based on an imaginary social organization…
Young people might take on a lot of debt without considering its consequences for their older years. A philosopher makes a case for laws to limit that debt as a duty toward self.
After the pandemic is over, grocery workers and nurses will still be essential. But will they be paid any better?
Prices are the signals the private sector relies on to direct resources. Snuffing out these signals may prove too costly for consumers in the end.
Democratic presidential candidates share many ideas and opinions. What they don’t share, writes one historian, is the label ‘liberal.’
In economics classes, relentless growth is an unquestioned dogma. Yet this same economic growth is rapidly ripping apart the ecological foundations of our world.
Do regulators act in the public interest, or in the interest of those they are meant to regulate?
The shutdown is highlighting the crucial role government plays in the lives of citizens and businesses, offering a reminder of its fundamental value to the economy.
The end of effective antibiotics will be frightening. Life expectancy will fall dramatically and people of all ages will die from illnesses that we are used to treating with $10 worth of pills.
On the fourth era of business schools and the urgency of reinventing them.
Nailed to the door of the London School of Economics, the ‘33 Theses’ offer a long overdue challenge to economics dogma. But there are omissions as well.
Too many economists have refused to take seriously the idea that Brexit could economically benefit the UK.
When Enlightenment thinkers were looking for a way to build a healthy and productive society, they hit upon the tuber.
While free markets have delivered benefits, they also prey on our weaknesses, tempting us to buy things that are bad for us, be it sweet candy or sour investments.
Alexander Hamilton’s story is our story. It would be a mistake to remove him from the $10 bill.
To burnish the virtues of “civilised” Europe, Adam Smith relies on a barrage of racial insults. Where did his information about the so-called “savage peoples” come from in the first place?
The myth that our primitive forebears were capitalists at heart is fundamental to Adam Smith’s arguments in The Wealth of Nations.
A careful study of Adam Smith’s Wealth of Nations reveals that its influence lies not in Smith’s ability to construct an argument – but in his skill as teller of tall tales.
Fingers crossed, we are soon to be inundated with Christmas joy disguised as presents from our family and friends. I received my first card more than a week ago and a present – now sitting under the tree…
Top contributors
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Professor, University of Newcastle
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Professor of Economics, Manchester Metropolitan University
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Professor of Management & Organizations; Professor of Environment & Sustainability; Professor of Sustainable Enterprise at the Ross School of Business and School of Environment and Sustainability, University of Michigan
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Scott L. Montgomery is a Friend of The Conversation.
Lecturer, Jackson School of International Studies, University of Washington
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Professor Emeritus of Applied Philosophy, Glasgow Caledonian University
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Professor of Economics, UNSW Sydney
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Lecturer in Modern British and British Imperial History, Texas State University
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Rector, ESCP Business School
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Chair of Industrial Economics, Nottingham University Business School, University of Nottingham
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Professeur d’économie, Mines Paris
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University Professor, Georgetown University
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Professor of Economics, Yale University
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Open Evidence Research, Universitat Oberta de Catalunya, UOC - Universitat Oberta de Catalunya
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Professor of History, University of Warwick
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Associate Professor, Case Western Reserve University
