by Bruce | November 15, 2008 | Adam Smith Himself, Articles, Finance, Globalization, Strategy
Consider Detroit’s Big Three. Having made what turned out to be bad bets on over-investing in now shunned product lines, they’ve been conspicuously laying people off, downsizing, attempting to renegotiate credit lines, and...
by Bruce | October 18, 2008 | Adam Smith Himself, Articles, Just Plain Interesting
Not every day do we get a new Nobel Prize winner in Economics, not to mention one whose name, Paul Krugman, might actually be familiar to more Americans than the few of us who are poor closet economists. Krugman is of course not only a Princeton professor (we pause to...
by Bruce | July 5, 2008 | Adam Smith Himself, Articles
At long last, Adam Smith has been honored in his native Edinburgh, with a prominent statue outside St. Giles’ Cathedral on the Royal Mile. As reported by the FT, the unveiling was yesterday: Vernon Smith, the George Mason law and economics professor and winner...
by Bruce | June 5, 2008 | Adam Smith Himself, Articles
Today, June 5th, is Adam Smith’s birthday, in the year 1723. He would be 285 today. As I noted a year ago today, he was born in Kirkcaldy, Scotland, a dozen miles north of Edinburgh across the Firth of Forth: Although his birth home has since been...
by Bruce | June 5, 2007 | About the Site, Adam Smith Himself, Articles
Today is Adam Smith’s Birthday: June 5, 1723. He would be 284 today. He was born in Kirkcaldy, Scotland, about 12 miles north of Edinburgh across the Firth of Forth, and is buried just off the Royal Mile in Edinburgh itself. Although there is no memorial to Adam...
by Bruce | April 23, 2007 | About the Site, Adam Smith Himself, Articles
At the intersection of the original Adam Smith and the ‘net is, well, irresistible territory. And now we have it in the current Forbes, courtesy of P.J. O’Rourke’s "Adam Smith: Web Junkie." Here’s the thesis, which is...