by Bruce | January 12, 2005 | About the Site, Adam Smith Himself, Articles, Just Plain Interesting
The world has just learned that Robert Heilbroner, author of the justly famous and best-selling The Worldly Philosophers: The Lives, Times, and Ideas of the Great Economic Thinkers, first published in 1953 and still in print, died here in Manhattan last week at age...
by Bruce | December 9, 2004 | About the Site, Adam Smith Himself, Articles, Just Plain Interesting
Adam Smith’s thought (the real Adam Smith, that is) has been famously characterized by the economist George Stigler as a "stupendous palace erected upon the granite of self-interest." I have long labeled this a "mischaracterization,"...