adam smith

But Democrats can take away some of the Defense Department's power over its money -- and they're threatening to do it.
A new, old idea is bubbling up at the nation's cocktail parties.
We have collectively chosen to make work pay more rather than be more interesting.
The captains of finance and industry could make a good start by reading The Theory of Moral Sentiments. Our government officials
Capitalism is predicated on the idea of individual initiative. The most obvious economic manifestation of that is entrepreneurship
The fear mongers, such as Donald Trump, want us to believe the economic pie is fixed, a zero-sum game, in which the wealthiest
For 200 years, there have been two schools of thought about what determines the distribution of income -- and how the economy functions. It is important to understand both, because our views about government policies and existing inequalities are shaped by which of the two schools of thought one believes provides a better description of reality.
The Indiana primary, pivoting as it did on trade, signaled something else: the elaborate faith in a set of invisible hands that underpinned much of modern conservatism, has lost its grip on a huge swathe of the electorate.
They passed a "religious liberty" measure that would let federal contractors refuse to do business with gay people.
For the sake of analogy, this bizarre cult of the invisible hand, taking a relatively minor footnote out of context and magnifying