In the latest episode of Everybody’s Business, we talk about a U.S. economy that is generally healthy and strong, but perhaps ...

Just four months before The Declaration of Independence was adopted on July 4, 1776, Adam Smith published The Wealth ...

Social trust is crucial for capitalism and vibrant democracies. And when those systems weaken, as they are now, it’s calling ...

The American Revolution went hand-in-hand with an economic revolution that transformed human political and social, as well as commercial life, and continues to unfold.

Plato identified inequality as a central problem of politics. Inequality, this ancient Greek philosopher warned, undermines ...

The question isn’t whether we can afford to raise utility rates. The question is whether we can afford not to.

I pledge allegiance to the flag,” the salute begins, words we learned by heart before we left kindergarten. “With liberty and justice for all,” it ends, a hope and a ...

Protectionist trade policies, tariffs, encouraging domestic production and discouraging imports, retaliatory policies ...

Did Adam Smith—celebrated hero of free trade—make a big exception for reasons of national defense? Would he support the Jones ...

Cai, W. (2025) The Philosophical Basis for the Evolution of the Doctrine of Assumption of Risk in Anglo-American Law: A ...

Missing in debates about free trade and tariffs is discussion both about the movement of people between countries, and the challenge of not having a credible unit of account to facilitate trade.

This writer challenges the validity of South Africa's unemployment metrics by arguing that they fail to reflect the lived economic realities of the majority Black population, critiquing the methodolog ...