by Bruce | September 3, 2013 | Adam Smith Himself, Articles, Just Plain Interesting
Ronald Coase died Monday in Chicago at 102. The Nobel Laureate in Economics in 1991, his two most famous papers, The Nature of the Firm (1937) and The Problem of Social Cost (1960) began by asking such profoundly simple questions—the word “childlike” is...
by Bruce | July 3, 2013 | Adam Smith Himself, Articles, Book Reviews
A publishing rite at this time of year is for sites far and wide to offer their own recommended “Best Summer Reading” lists. For all things there’s a first, so here is Adam Smith, Esq.’s First Annual Summer Reading List. (And I reserve the...
by Bruce | June 5, 2013 | Adam Smith Himself, Articles
Born in Kirkcaldy, Fife, June 5, 1723; died in Edinburgh July 17, 1790, at age 67. (There’s some question as to his exact date of birth, but June 5, 1723 was the date his baptism was recorded and it’s all but universally deemed his birthday.) He’s...
by Bruce | June 5, 2012 | Adam Smith Himself, Articles
Born June 5, 1723, Kirkcaldy, Scotland. Died July 17, 1790, Edinburgh. Today would be his 289th birthday.
by Bruce | March 16, 2012 | Adam Smith Himself, Articles, Compensation, Cultural Considerations, Finance, Leadership, M&A, Partnership Structures, Strategy
Two firms have this week received far more press attention than, one suspects, they counted on or quite know how to cope with: Our own industry’s Dewey LeBoeuf, and of course the iconic (good and bad sense) Goldman Sachs. Goldman Let’s take Goldman...
by Bruce | November 24, 2011 | Adam Smith Himself, Articles, Book Reviews, Just Plain Interesting
Today we’re talking about books. Specifically, Robert Frank’s The Darwin Economy and David Rose’s The Moral Foundation of Economic Behavior. I believe the first–far better known–is a failure and the second–while too drily...