The Luddites: Crying “Stop” in the Face of Progress

This is another installment in our series of profiles of leading economists from Capitalism and its Critics.  It’s our first profiling not a champion of capitalist progress but a stout opponent. Cassidy opens this, Chapter 3 of his work (“The Logic of the Luddites”)... read more +

Polycrisis

Consider: According to PwC’s annual 2023 survey of CEOs worldwide (4,410 from 105 countries), 40% said they did not see their own companies as viable in 10 years if they stayed on their current path. Bob Moritz, PwC's global chair, summarized it as follows: “Chief...

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What’s So Great About Pay Transparency?

"Transparency!" is a far more clarion call to arms than "Opacity."  And as a securities lawyer, I was trained--and didn't take much convincing, truth be told--that full disclosure was a not so minor deity.  Yet here I am composing on essay on everything that's wrong...

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Letter from London

Remember these? We made it customary here at Adam Smith, Esq. to publish a "Letter from...." after our return from any meaningful business trip to noteworthy cities.  And, thankfully, here we are. When you'ce been away from anything--a Great City, an old friend, a...

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The Ballad of Kanye and Kyrie

Memory does not recall these pages ever featuring or even mentioning a rap star or a basketball star, but we are confident that our readers have wide-ranging and catholic tastes so we are sailing forth here undaunted.  Plus, there should be a first time for...

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