The Fatal Shore

Nearly 20 years ago Robert Hughes published The Fatal Shore: The Epic of Australia’s Founding, still perhaps the definitive historical treatise on Australia’s founding from the continent’s discovery by the West to Britain’s decision to...

Letter from London

As regular readers know is my custom, when I return from a trip to London I typically endeavo(u)r to distill my reactions in a brief report. As my trip this week was especially brief (shy of 72 hours), this report will be too. By way of background, I had 10 meetings...

Globalization Forever?

Along with Brexit and the apparently unsinkable Trump, another surprise has been brewing on the world stage and I hope you’ve noticed. Globalization—measured by the most fundamental and reliable metric, crossborder trade volume—has ended its ever upward...

Brexit: Deep Breath

No, I didn’t see that coming either. But since the preferences of elite opinion-makers seem to be taking it on the chin around the world, perhaps we shouldn’t have been so surprised. From the perhaps insulated vantage-point of a country where EU membership...

Financial Centers Can Shift

Some time ago In my online travels, I came across “Delancey Place,” a marvelous site that gives new meaning to the word “eclectic.” Delancey Place describes its mission as follows: Delanceyplace.com is a brief daily email with an excerpt or...

Letter from London

Back in New York from a solid week of meetings in London (17 in five days) and a few observations, reflections, musings, and speculations come to the fore.  And no, these will pointedly not include whether the US or the UK’s version of being seized by political...
close

Sign-up for email

Be the first to learn of Adam Smith, Esq. invitation-only events, surveys, and reports.