122 Results for “ADAM SMITH”

What is the purpose of economics?

This article originally appeared on insider.co.uk

By suppressing important questions in favor of being cheerleaders for globalization, economists failed to influence the public conversation

Author Supritha Rajan argues that self-interested competition may be the official line, but it’s far from the whole story

Economists and historians of economics have related differently over time, and the past of the discipline has then served for varied purposes.

Lori Wallach, of Public Citizen’s Global Trade Watch, and Jayati Ghosh, economics professor at UMass Amherst, discuss how first world countries are protecting pharma companies’ exorbitant profits, at the expense of vaccinating people living in the Global South and thereby also endangering everyone in the world.

Professor Glenn Hubbard, professor of Finance and Economics at Columbia Business School, talks about his just-released book, The Wall and the Bridge: Fear and Opportunity in Disruption’s Wake, and how society and policymakers can help those who are left behind in the wake of today’s competitive world.

We are pleased to announce the program of INET’s annual plenary conference in Berlin.

Why some goods and services should stay in the public domain

As part of our ongoing symposium “Experts on Trial”, Professor Sheila Dow argues that if voters have grown contemptuous of economists’ expertise, that’s because economics has been misrepresented as a technical subject separate from politics and moral judgments

Economic historian and INET board member Richard Vague, talks about his latest book, The Illustrated Business History of the United States, which reveals a number of misconceptions and myths about the development of the US economy

In “celebration” of the late Pete Peterson’s 92nd birthday (see guest list), an excerpt from 19th Century historian Lord Macaulay’s History of England, on hundreds of years of unwarranted panic about government debt.

Author Rana Foroohar explains why the economic policies being touted by both presidential frontrunners offer none of the new thinking necessary to drive a policy response to revitalize the economy

The perverted dreams of western modernity and capitalism may be exhausting themselves, says author Eugene McCarraher. And that’s something to be thankful for.

Donald Trump’s presidency is a symptom of an interregnum between economic orders – a period that will result in a new balance between state and market. While his administration’s economic policies are unlikely to provide the right answer, they may at least show the world what not to do.