Scotland's History Enlightenment and Empire The Wealth of Nations published The Adobe Flash player and Javascript are required in order to view a video which appears on this page. You may wish to ...

Beggar-thy-neighbour policies aim to benefit domestic economies at the expense of others through protectionist measures like ...

In particular, Trump espouses mercantilism, a doctrine popular in the 17th and 18th centuries. Adam Smith’s famous inquiry in ...

David Ricardo, a notable economist of the Smithian tradition, had reasoned in the Labour Theory of Value that the value of a ...

When it comes to arguments for international trade restrictions,’ writes Sowell, ‘most of the arguments are fallacious most of the time.’ ...

There are been all sorts of explanations for the Los Angeles fires. For example, the financial cutbacks in the LAFD. The fact ...

Adam Smith in his very useful Book entitled: “The source of the Wealth of Nations” of 1776". He also, through a Runyankole proverb, likens the decision to rationalise the government agencies ...

The think tank Chatham House describes ‘GeoEconomics’ as ‘the interplay of international economics, geopolitics and strategy’. The central question in GeoEconomics is the extent to which the ...

Professor of Economics and author of 'How to Think Like an Economist', who has just released in Spanish by La Esfera de los Libros. Robbie Mochrie is a Professor of Economics at Heriot-Watt University ...

"If there's one thing we've known since the time of Adam Smith, but even more so ... Olson's "The Rise and Decline of Nations" (1982). At the time, the book's ideas struck him as apt descriptions ...