Adam Smith is not who you think he is. Long hailed as the founder of modern economics and the father of capitalism, the 18th-century Scottish thinker was not only an economist and the author of The ...

In 1926, the 150th anniversary of The Wealth of Nations, British economist Edwin Cannan delivered a lecture titled "Adam Smith as Economist" at the London School of Economics. The lecture was ...

Adam Smith, the anchor of that group of inquisitive Scotsmen who spawned the Scottish Enlightenment and significantly changed the world, was born 300 years ago this month. The era of his birth was ...

Excerpt and condensation of Chapter 4 from The Worldly Philosophers: The Lives, Times, and Ideas of the Great Economic Thinkers by Robert L. Heilbroner, 7th ed., 1999. Robert Heilbroner's The Worldly ...

“The most decisive mark of the prosperity of any country is the increase of the number of its inhabitants.” – Adam Smith, The Wealth of Nations, p. 80 For politicians to succeed in France, they must ...

Thank a Scot for our 100-fold increase in America’s standard of living. Monday, June 5, marks the 300th birthday of a Scottish philosopher considered the father of free-enterprise capitalism and our ...

In their letter “The Virtues of the ‘Knowledge Theory of Value’” (May 1), Gale Pooley and George Gilder emphasize the importance of knowledge in economic value. In doing so, however, they provide ...

Written 250 years ago, the Declaration of Independence encapsulates our principles of freedom and independence. It emphasizes the natural rights of all citizens to enjoy life, liberty and the pursuit ...

Adam Smith was born in 1723. This year he turns 300. To celebrate, National Review Capital Matters offers the Adam Smith 300 series. An essay on Smith will appear monthly throughout 2023, written by ...