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Adam Smith

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  • Thursday, 10 January, 2019
    Jean Tirole
    Economics benefits from the insights of other subjects

    It is time to emulate Enlightenment thinkers and stop separating the social sciences

    circa 1765: Scottish political economist and philosopher Adam Smith (1723 - 1790). His 1776 treatise 'An Inquiry into the Nature and Causes of the Wealth of Nations' marked the beginning of modern economics. Smith was born in Kircaldy and studied at Edinburgh University and Oxford before lecturing in Edinburgh where he met his lifelong friend David Hume who greatly influenced his work. He held posts as Professor of Logic and Professor of Moral Philosophy at Glasgow University before resigning to become a personal tutor. (Photo by Hulton Archive/Getty Images)
  • Wednesday, 21 November, 2018
    Adam Smith’s ‘Wealth of Nations’ goes under the hammer

    Economist’s personal copy of pioneering work set to fetch £500,000 to £800,000

  • Friday, 24 August, 2018
    Merryn Somerset Webb
    How Adam Smith predicted the power of Big Tech

    He understood the harm that overly concentrated markets cause

  • Friday, 17 August, 2018
    Merryn Somerset Webb
    Today’s passive investing would just confuse Adam Smith

    The economist lived in luxury on his pension. We can only dream of such riches today

    Scottish political economist Adam Smith (1723 - 1790). Original Artwork: Drawing by J Jacks and engraved by C Picart from a model by Tassie. (Photo by Hulton Archive/Getty Images)
  • Wednesday, 25 July, 2018
    ReviewLife & Arts
    Is there more to Adam Smith than free markets?

    He championed laissez-faire economics but also recognised the need for strong social institutions

    E9NA1B Statue of Adam Smith, Royal Mile, Edinburgh, Scotland, UK
  • Monday, 23 July, 2018
    ReviewLife & Arts
    How Britain Really Works, by Stig Abell

    A neat dissection of a ‘muddle of a country’ at a time of upheaval

    TENBURY WELLS, ENGLAND - JANUARY 04: Members of the Leominster Morris lead the crowd from the Hobson Brewery in Frith Common to the nearby apple orchard to take part in a torchlit Oldfields Orchard Cider wassailing ceremony ahead of today's Twelfth Night on January 4, 2017 near Tenbury Wells in Worcestershire, England. The annual tradition sees morris dancers and mummers gather before a procession to a local orchard to perform a ceremony that involves placing a cider-soaked piece of Christmas cake on the branches of an apple tree and sprinkling cider around its roots, before lighting torches, dancing and singing the Wassail Song as to ensure a good crop of cider apples for the year ahead. The tradition of wassailing, which differs from place to place in cider producing counties, has its roots in ancient pagan traditions and is held on various dates after Christmas as a plea to the spirits of the orchard to provide a good crop, is seeing something of a modern revival as cider makers across the West Country reintroduce the ritual of toasting their apple trees for good luck. In the UK, January 5th is generally observed as the last day of Christmas festivities as it is the eve of the Epiphany. (Photo by Matt Cardy/Getty Images)
  • Friday, 22 June, 2018
    Life & Arts
    How Adam Smith would fix capitalism

    Often misread as a prophet of laissez-faire, the father of modern economics would have radical remedies for the 21st century

  • Friday, 22 June, 2018
    Life & Arts
    In search of the real Adam Smith

    How would the father of modern economics reform 21st-century capitalism?

  • Friday, 21 July, 2017
    Undercover EconomistTim Harford
    Challenge is all too easily ducked by the modern worker

    We face not monotony in our jobs but the temptations of endless variety

    circa 1765: Scottish political economist and philosopher Adam Smith (1723 - 1790). His 1776 treatise 'An Inquiry into the Nature and Causes of the Wealth of Nations' marked the beginning of modern economics. Smith was born in Kircaldy and studied at Edinburgh University and Oxford before lecturing in Edinburgh where he met his lifelong friend David Hume who greatly influenced his work. He held posts as Professor of Logic and Professor of Moral Philosophy at Glasgow University before resigning to become a personal tutor. (Photo by Hulton Archive/Getty Images)
  • Friday, 23 June, 2017
    Jesse Norman
    Lessons from Burke on the origins of our present discontent

    We must be ready to combat the myths and delusions of revolutionary populism

    Artwork for FTWeekend Comment - issue dated 24.06.17
  • Tuesday, 5 January, 2016
    Martin Wolf
    Why global economic disaster is an unlikely event

    What matters is not whether the world will be well managed but whether calamity will be avoided

    James Ferguson illustration
  • Friday, 31 July, 2015
    ReviewLife & Arts
    ‘Politics in Commercial Society: Jean-Jacques Rousseau and Adam Smith’, by István Hont

    Jean-Jacques Rousseau and Adam Smith are more aligned than we often assume

    Cover of 'Politics in Commercial Society'
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