The 2024 Nobel Prize in Economics Goes To…..

The Nobel in Econ (a/k/a The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel) for 2024 was awarded a few days ago to Daron Acemoglu and Simon Johnson of MIT and to James Robinson of the University of Chicago. Here at Adam Smith, Esq., we try to... read more +

Can Something Be Irresistible and Irrational at the Same Time?

As we are all fellow members of the human race, I suspect you would join me in admitting that, yes, certain decisions and behaviors are indeed compelling (irresistible) and irrational (self-defeating from the perspective of the longer view).  We may not, indeed should...

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Summer Reading List 2024

In keeping with our tradition at Adam Smith, Esq. of publishing a summertime diversion in the form of a selective list of what we’ve been reading lately, herewith the 2024 installment.  Two novels  one collection of short stories, and two nonfiction volumes--one...

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Canongate Kirkyard, Royal Mile, Edinburgh

Adam Smith died today, July 17, in 1790, in Edinburgh.  He was 67. His gravesite is in Canongate Kirkyard on the "Royal Mile," Edinburgh's most famous street by far, which runs from from Edinburgh Castle. the highest point in town, down to  Holyroodhouse (or Holyrood...

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