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).
David Ricardo, a notable economist of the Smithian tradition, had reasoned in the Labour Theory of Value that the value of a ...
Research conducted by a global private equity firm found that companies whose senior management had the highest levels of empathy generated the highest financial returns.
A larger shelf means legal access to more of the ocean floor’s riches: animals, hydrocarbons, and, perhaps most important, ...
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