Time Capsule

In connection with an ongoing research/whitepaper project, further about which affiant sayeth not, I had occasion to look at the Original AmLaw 50 from 1985. Here are the first three columns: Rank, firm, and gross revenue: Aside from the historic time warp we...

The 2016 Economics Nobel

From the redoubtable David Warsh of Economic Principals: When the Nobel Prizes were established, in 1901, the Nobel Foundation for perhaps a decade sought to spirit laureates into Stockholm in order that they should be available when their recognition was announced....

“Converge” Conference/NYC

If you haven’t yet heard about Above the Law‘s “Converge” conference coming up here in NYC on Wednesday, March 18th, you’re about to. It’s a full-day conference at the marvelous University Club (Fifth @ 54th, McKim, Mead and White,...

Global Law Summit/London

Dear Reader: From my long-time friend Stephen Denyer in London (Head of City and International at The Law Society) comes this: Dear Bruce:  Might I take a moment to emphasise how welcome all Adam Smith followers worldwide will be at the Global Law Summit taking place...

2014 Nobel in Economics

Around this time of year the Nobel Prize in Economics is awarded, and while we don’t always cover it here on Adam Smith, Esq., this year’s is worth a note. As everyone who cares about these things an iota knows by now, the winner was Jean Tirole of...

Economics in 335 Words

Tom Sargent, a Professor at NYU, won the 2011 Nobel prize in economics (together with Chris Sims) for his work on “rational expectations” theory.   Four years before that, he gave a speech to Berkeley undergraduates which reads in its entirety: I remember...
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