Remembering the Fourth

In Congress, Philadelphia, July 4, 1776 When in the Course of human events it becomes necessary for one people to dissolve the political bands which have connected them with another and to assume among the powers of the earth, the separate and equal station to which...

The Rule of Law

Something of a detour from our regularly scheduled programming, but we are not living in “ordinary times.” In the immediate wake of announcements from President Trump that he was ordering the end of the policy of separating children from their parents at the border,...

Yield Curve Alert

What is the “yield curve” and why should you care?  Well, first off, it’s not remotely the kind of topic we regularly write about on Adam Smith, Esq., because it seems far removed from “the economics of law firms,” but then again,...