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 ...

What Charles Darwin's "Origin of the Species" was to science, Adam Smith's "An Inquiry into the Nature and Causes of the Wealth of Nations" was to economics. Published this week (March 9) in 1776, ...

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.

As free trade and markets are increasingly vilified today by the political Left and Right alike, the ideas of Adam Smith, author of the famed Wealth of Nations and sometimes called the Father of ...

Thank a Scot for our 100-fold increase in America’s standard of living. Monday, June 5, marks the 300th birthday of a Scottish philosopher considered the father of free-enterprise capitalism and our ...

In their letter “The Virtues of the ‘Knowledge Theory of Value’” (May 1), Gale Pooley and George Gilder emphasize the importance of knowledge in economic value. In doing so, however, they provide ...

Log-in to bookmark & organize content - it's free! Scott Christianson talked about his book, 100 Documents that Changed the World: From the Magna Carta to Wikileaks. In this clip, Mr. Christianson ...