Economics

10 Things You Might Not Know About Adam Smith

1.While studying at Balliol College at Oxford, Adam Smith became absent-minded at the dinner table, which was common for him.…

2 months ago

Economy Class: Nicholas Wapshott Explains Why John Maynard Keynes Was “Ahead of His Time”

John Maynard Keynes (1883–1946) was an influential British economist whose ideas on government intervention in the economy were considered to…

3 months ago

Darwin, Evolution and Economics

Charles Darwin’s theory of evolution includes two generative components: mutation and natural selection. Mutation generates genetic variants and hence phenotypes;…

3 months ago

The Road to Hayek: Nicholas Wapshott on the Life and Work of Economist Friedrich Hayek

  Austrian-born economist Friedrich Hayek was noted for his criticisms of the Keynesian welfare state and of totalitarian socialism which was…

3 months ago

Closing the Book on Marx Is Not a Class Act

"Abolish all private property!" This admonishment came in the middle of the 19th century from the founder of communism, Karl…

4 months ago

Economy Class: Nicholas Wapshott Explains Why John Maynard Keynes Was “Ahead of His Time”

  John Maynard Keynes (1883–1946) was an influential British economist whose ideas on government intervention in the economy were considered to…

5 months ago

Adam Smith and the Founding of Market Economics

In 2005, the Federal Reserve Board Chairman Alan Greenspan delivered the Adam Smith Memorial Lecture in Kirkcaldy, Scotland. Here, at…

7 months ago

A Brilliant Madness: The Death of Mathematician John Nash

He had shown that an extraordinary mind could overcome mental illness, but a few days ago the acclaimed American mathematician,…

7 months ago

Keynes’s Vision: Why the Great Depression Did Not Return

John Maynard Keynes was raised by a family of academics to be an academic. The son of economist John Neville…

10 months ago

In Memoriam: Allan H. Meltzer, Economist and Monetary Policy Expert

Simply Charly, as well as the world of academia, have lost a friend, colleague, and influential economist on May 8…

10 months ago