01SEP 2016
Adam Smith classical economics

Adam Smith classical economics

This is one of Rothbard’s most important scholarly works. In the first volume ( Economic Thought Before Adam Smith ), Rothbard traces the history of economics from the ancient Greeks to Adam Smith; and in the second volume ( Classical Economics ), he discusses British classical economics, the French…
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15SEP 2015
Adam Smith views on economics

Adam Smith views on economics

In addition to having the need to attain the approval of others who are judging us, Smith maintains that we have a non-selfish interest in the happiness and pleasure of others. We attempt to adjust our behavior so that they experience pleasure. To please others we must give them objects (i.e., ourselves)…
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26FEB 2016
Economic growth and development theories

Economic growth and development theories

Description: Current issues are now on the Chicago Journals website. Read the latest issue. A multidisciplinary journal of development economics, Economic Development and Cultural Change publishes studies using modern theoretical and empirical approaches that examine both determinants and effects of…
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19JAN 2016
Adam Smith theory of economic development

Adam Smith theory of economic development

Description: Published quarterly since 1936, Science & Society is the longest continuously published journal of Marxist scholarship, in any language, in the world. Science & Society is a peer-reviewed interdisciplinary journal of Marxist scholarship. It publishes original studies in political economy and the economic analysis of contemporary societies: social…

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03AUG 2017
Adam Smith Religion

Adam Smith Religion

Adam Smith is the most well-known expositor of capitalism of all time. He was born in Kirkcaldy, Scotland, a small coastal town near Edinburgh. Smith was educated at Glasgow University and Ballioll College in Oxford, England. Later he lectured at Edinburgh and became a professor at Glasgow University. After a time, Smith went to France to tutor the Duke of Buccleugh and met…

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29JUN 2016
Adam Smiths theory

Adam Smiths theory

This month, we discuss the moral philosophy of Adam Smith with Christel Fricke, Professor of Philosophy at the University of Oslo, and Research Director at the Center for the Study of Mind in Nature in the Department of Philosophy, Classics, and History of Art and Ideas at the University of Oslo. Click here to listen to our conversation. Different moral theories have placed…

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08MAR 2017
Adam Smith invisible hand definition

Adam Smith invisible hand definition

There are few metaphors that have captured the American economic psyche as powerfully as the “invisible hand” of the market. The term, first coined by Adam Smith in 1759, is used to describe how the self-interested behavior of people in a marketplace leads to the greater good for all. No need to rely on concerted efforts of government or the church to direct commercial activity…

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19JUL 2016
Adam Smith images

Adam Smith images

Summary [edit] Non-free media information and use rationale – non-free logo for Adam Smith Institute Description This is a logo for Adam Smith Institute. Source Article The entire logo is used to convey the meaning intended and avoid tarnishing or misrepresenting the intended image. The logo is of a size and resolution sufficient to maintain the quality intended by the company…

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09MAR 2016
Adam Smith International jobs

Adam Smith International jobs

We offer you a dynamic career and the opportunity to work on a highly successful portfolio of award-winning international programmes. We’ve built a culture to reflect our principles, full of likeminded overachievers who are smart, passionate and great at what they do. We offer a highly competitive compensation package and excellent benefits. Working in our permanent team brings…

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23JAN 2017
Adam Smith Illuminati

Adam Smith Illuminati

The Shabbatean Frankists Shabbetai Zevi A new order would be formed within Freemasonry, a secret society within a secret society, founded by members of a Jewish family, the Rothschilds, who were affiliated with a development of Lurianic Kabbalah headed by false messiah known as Shabbetai Zevi. According to Gershom Scholem, the foremost authority on the Kabbalah, the Shabbatean…

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14DEC 2015
Malthusian theory of economic development

Malthusian theory of economic development

T.R. Malthus formed the trinity of pessimistic economists. He pioneered the theory of population which was more precise and significant than his views on growth. In his opinion, no enquiry could be more important than that which traced the causes of any difference between potential and actual outputs of a country. According to him, population growth is an end product of the…

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23JUN 2015
Adams Smith definition of economics

Adams Smith definition of economics

‘As we all know, Smith believes that the long-term process of socio-economic development, driven by the dynamics of the market and the division of labor, will steadily increase the overall productivity, prosperity, and opulence of societies over time. He also believes that the benefits of this increasing prosperity will be spread throughout the society (though, of course…

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16MAR 2017
Adam Smith views

Adam Smith views

(OPTIMISM, ADAM SMITH, LIBERALS and UTOPIANS – continued) OPTIMISM, ADAM SMITH, LIBERALS and UTOPIANS (2 of 4) A part of the innovation that came in the 1700s was work by the Scotsman Adam Smith (1723-1790). Smith studied moral philosophy at the University of Glasgow and Oxford University. He collaborated intellectually with his fellow Scotsman David Hume, and he became a professor…

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02DEC 2016
Adam Smith and the division of labor

Adam Smith and the division of labor

Adam Smith begins by stating that the greatest improvements in the productive power of labor lie in the division of labor. Even in the production of very simple products, division of labor always increases productivity exponentially. Smith offers three reasons for this increase in productivity. First, the division of labor creates specialized knowledge of a particular trade…

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16NOV 2017
Adam Smith role of government

Adam Smith role of government

Lagrangian Republican Association promotes the establishment of independent and sovereign republic, which is based on the principles classical republicanism and classical liberalism. With classical liberalism we mean the tradition in political theory based on the works of Adam Smith and John Stuart Mill. In this post I will discuss Smith’s vision on the proper functions of…

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