They are a bad idea.” Dr Madsen Pirie, president of the Adam Smith Institute, neatly summed up the views of the Kirkcaldy-born ‘Father of Economics’ on tariffs in an article following Donald ...
Writer Nat Dyer on how David Ricardo's abstract models pushed economics into fantasy — and we all paid the price ...
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What would the father of protectionism say to Trump?The author is an economic columnist and CEO of Geuljaengi.Inc. Adam Smith, the founding father of economics, mentioned the “invisible hand” only once in “The Wealth of Nations” (1776).
A larger shelf means legal access to more of the ocean floor’s riches: animals, hydrocarbons, and, perhaps most important, ...
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