by Bruce | September 23, 2026 | About the Site, Articles, Business Models, Finance, Partnership Structures, Strategy
Many thanks to our good friends at Bloomberg Law for asking me in to chat about the economic and revenue/profit function of leverage in BigLaw. Take a look!
by Bruce | May 27, 2026 | Articles, Cultural Considerations, Finance, Leadership, Strategy
This is another installment in our series of profiles of leading economists from Capitalism and its Critics. Milton Friedman was born in Brooklyn in 1912 and died in San Francisco in 2006 at age 94. He is known as the primary apostle of monetarism, which is the...
by Bruce | May 13, 2026 | Articles, Book Reviews, Finance, Globalization, Strategy
Continuing our series on prominent economists from the Industrial Revolution to AI, drawing liberally on the impressive accomplishment of John Cassidy’s Capitalism and its Critics: A History: From the Industrial Revolution to AI (John Cassidy, Farrar, Strauss and...
by Bruce | April 30, 2026 | Articles, Business Models, Cultural Considerations, Finance, Leadership, Strategy
This is another installment in our series of profiles of leading economists from Capitalism and its Critics. It’s our first profiling not a champion of capitalist progress but a stout opponent. Cassidy opens this, Chapter 3 of his work (“The Logic of the Luddites”)...
by Bruce | July 27, 2025 | Articles, Cultural Considerations, Finance, Strategy
A few weeks ago a law land journalist asked us if we had any insights to offer about the above-average rate of expansion of law firms in a particular US metro market—which itself had been expanding at an above-market rate in business investment and population. This...
by Bruce | March 17, 2025 | Articles, Cultural Considerations, Finance, Leadership, Strategy
Here at Adam Smith, Esq. our robust, and for 20+ years inviolate, policy has been never to comment on current affairs. That ends today. We value no civic principle more highly than the primacy of the Rule of Law. And we have long had the luxury of being able to take...
