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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 +

How to Stand Out in a Crowded Marketplace

by | Sep 29, 2019 | 0 Comments

We would flatter ourselves to believe that even occasional readers know we believe fervently in basing our work on data and research, not just hunch and intuition. So we warmly welcomed it when PwC’s often useful “strategy + business” published a little bit ago an...

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Question of the Month

by | Sep 24, 2019 | 3 Comments

Returning from a hiatus, our Question of the Month appears refreshed and in the pink. You know what to do.  Use the comments box for editorial embellishment.   [poll id="18"]   Thanks for being a voter!

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Letter from Lima

by | Sep 13, 2019 | 0 Comments

The following column is by Antonio Leal Holguin, Director of Latin America for Adam Smith, Esq. I recently spent three days in Lima.  A metropolis of close to 10 million people, Peru’s capital is one of Latin America’s most vibrant cities and a famous culinary...

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What is the Purpose of Your Firm?

by | Aug 26, 2019 | 6 Comments

Has our first (and really only) answer to the question, "What is a corporation's purpose?" been wrong for the last, oh, 40 or 50 years?  The answer, pace Milton Friedman [see note at end], has of course been "shareholder value!"  And now it's being assailed from all...

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