Log-in to bookmark & organize content - it's free! This clip provides definitions and a discussion on current perspectives on socialism and capitalism. Polling data about these economic systems among ...

More than 245 years ago, an unassuming Scottish tutor to a young British duke published a sprawling manuscript about how, when, and why nations become materially prosperous. At first glance, An ...

Admirers of Adam Smith may be surprised to learn that there is an entire academic industry dedicated to the proposition that the great Scottish economist was not a proponent of free-market capitalism.

Log-in to bookmark & organize content - it's free! Harvard University lecturer Glory Liu talked about her book on the life and influence of Scottish philosopher Adam Smith. In Adam Smith’s America: ...

Adam Smith’s America: How a Scottish Philosopher Became an Icon of American Capitalism, by Glory Liu, Princeton University Press, 384 pages. Start preparing now for the United States’s 250 th birthday ...

Excerpt and condensation of Chapter 4 from The Worldly Philosophers: The Lives, Times, and Ideas of the Great Economic Thinkers by Robert L. Heilbroner, 7th ed., 1999. Robert Heilbroner's The Worldly ...

"In political oeconomy, I think Smith's wealth of nations the best book extant." So Thomas Jefferson wrote to a friend. Three hundred years after Adam Smith's inauspicious birth in Kirkcaldy, it's not ...

Adam Smith has become the symbol of American capitalism, a champion of free trade and a free market. But it wasn’t always that way. In fact, it sometimes seems as if capitalism and America share the ...

Many people make dubious claims about Adam Smith's beliefs. The usual pattern is to claim that the economist was not really a wicked conservative (true) but a modern progressive (false). Three common ...