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 ...

Mainstream economists and others speak of the Consumer Price Index as the measure of inflation. Yet, the CPI is nothing more ...

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.

Excerpt and condensation of Chapter 4 from The Worldly Philosophers: The Lives, Times, and Ideas of the Great Economic Thinkers by Robert L. Heilbroner, 7th ed., 1999. Robert Heilbroner's The Worldly ...

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 ...

California Democrat Scott Wiener’s Appalling Response to a Woman Harassed by a Trans-Identifying Man Baseless Accusations of Bias Are Losing Their Sting Democrats’ Flattery of Their Most Partisan ...

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 ...

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, ...