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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 +Note to Readers
Some of you may have perceived a drop-off in the frequency with which I publish columns late this spring and early summer; your intuition would be correct. Don't worry! I have not gone to the Hamptons (I'm not a Hamptons kind of guy) or anywhere else, for that matter;...
What is the “Global 100” Telling Us?
With the release a bit earlier this month of Legal Business's annual "Global 100," we have more data to scrutinize, should we care to. I'll give you the highlights of the numbers here but even the most innumerate among us could not exactly misinterpret the message:...
Happy 4th! (Even to George III)
With the world seemingly departing from the familiar for parts unknown almost anywhere one looks these days (the Middle East's evidently insatiable crescendo of chaos, Brexit, the paranormal US election, even staid central bankers exploring the world of negative...
Brexit: Deep Breath
No, I didn't see that coming either. But since the preferences of elite opinion-makers seem to be taking it on the chin around the world, perhaps we shouldn't have been so surprised. From the perhaps insulated vantage-point of a country where EU membership will never...
Financial Centers Can Shift
Some time ago In my online travels, I came across "Delancey Place," a marvelous site that gives new meaning to the word "eclectic." Delancey Place describes its mission as follows: Delanceyplace.com is a brief daily email with an excerpt or quote we view as...