Featured Article
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 +The Associate Attrition/Comp Wars: The Data is Just Plain Weird
Editor's Note: A modestly condensed version of this article was published a few weeks ago in Thomson Reuter's Forum magazine. It was the leading story for a week after it was published. We appreciate their courtesy in letting us republish a slightly longer version....
Happy Birthday, Adam Smith!
Well, OK, recordkeeping around births and deaths was approached a bit more casually 299 years ago, but June 5 is the consensus best guess. And here at Adam Smith, Esq., we are sticking to it!
Recession? Time for Scenario Planning!
This article was co-written with Janet Stanton, Partner. As you know, we have recently published our thoughts on the likelihood of a recession in the United States: Reasonably high, in a nutshell. We won’t rehearse our reasoning here in detail, but the root cause...
Memorial Day
M&A, Globalization, and Now That “Other Thing”
Written with Janet Stanton, Partner, Adam Smith, Esq. In our first installment in this two-part series, M&A, Globalization, and Another Thing, we posited that although M&A is cyclical, and may be turning down from its stratospheric (and unsustainable) peak of...