Economics

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…

9 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

Adam Smith: An Enlightened Life

Adam Smith: An Enlightened Life by Nicholas Phillipson is a deeply probing historical biography. This book plunges into the depths of…

10 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;…

1 year 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…

1 year 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,…

1 year 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…

2 years ago

“Bound by The World Order in Which He Lived”: Gavin Kennedy on Why Adam Smith Was a Realist, Not an Ideologue

The author of what is widely considered to be “the Bible of capitalism,” Adam Smith (1723–1790) was a Scottish philosopher and economist…

6 years ago

Adam Smith: A Moral Philosopher and His Political Economy

By re-examining Adam Smith’s theories as they were originally articulated, Gavin Kennedy, Emeritus Professor at Heriot-Watt University, Edinburgh, aims at nothing…

6 years ago

Keen on Keynes: The Long-Dead Economist is Still Making News

Although he died over 70 years ago, the ideas of British economist John Maynard Keynes (1883–1946) remain relevant to this…

7 years ago