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Adam Smith

Looking Out for Number One Only?

Francis Levy | Posted 10.31.2016 | Arts
Francis Levy

Capitalism is predicated on the idea of individual initiative. The most obvious economic manifestation of that is entrepreneurship, a talent that's to...

Why Do We Have A Half-Full Economy?

Harlan Green | Posted 09.19.2016 | Business
Harlan Green

Janet Yellen's Fed meets again this midweek to decide whether to raise short term rates. It probably won't happen, because they can't decide if the U...

This Is the New Era of Monopoly

Joseph E. Stiglitz | Posted 05.16.2016 | World
Joseph E. Stiglitz

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.

Donald Trump and the Second Death of the Invisible Hand

Carl Pope | Posted 05.09.2016 | Politics
Carl Pope

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.

GOP Votes To Block Obama's Action On LGBT Job Discrimination

The Huffington Post | Jennifer Bendery | Posted 05.01.2016 | Politics

WASHINGTON -- Republicans quietly voted Thursday to gut President Barack Obama's executive order barring workplace discrimination against lesbian, gay...

Adam Smith: A Theory of Moral Capitalism?

FIXCapitalism | Posted 04.05.2016 | Politics

By Scott Dewey British Prime Minister Margaret Thatcher, the "Iron Lady" of the UK's local version of the global neoliberal conservative reaction o...

10 Questions With America's Next Top Model's Adam Smith

Nancy Laws | Posted 03.24.2016 | Entertainment
Nancy Laws

Adam Smith was America's Next Top Model's underdog. The gorgeous overnight star would best be described as tall, dark, and handsome, by my fellow fan Kimberly Jesicka, but he had no modeling experience whatsoever! Yet, he surpassed his fellow competitors and captured America's attention.

Making America Great Again: End Speculation on Public Measures

Bruce Fein | Posted 03.17.2016 | Politics
Bruce Fein

Let's make America great again by following the genius of the Constitution, James Madison, and end the trillion dollar speculations on public measures...

Is Growth Desirable? Address the Fundamentals First

St. Gallen Symposium | Posted 02.26.2016 | Business
St. Gallen Symposium

By Chang Yee KWAN, member of the St. Gallen Symposium's global Leaders of Tomorrow community Economic growth is measured by the change in the value ...

ICE Fails To Investigate Allegations Of Abuse At Detention Centers: Report

The Huffington Post | Roque Planas | Posted 10.21.2015 | Latino Voices

The federal government is failing to adequately inspect allegations of abuse in immigrant detention centers, according to a report released on Wednesd...

GOP, Dems Blindly Bow to Fossil Fuels in Africa

Anhvinh Doanvo | Posted 10.14.2016 | World
Anhvinh Doanvo

The bill will fail to help the people most severely marginalized in current systems, damage the long-term prospects of Africa's economy, and become a lost opportunity for the fight against climate change.

The Pope's Message on Ecology and Economy

John Fullerton | Posted 09.22.2016 | Business
John Fullerton

Modern science understands that everything is connected to everything. So too do all major religions, and virtually all wisdom traditions understand this core principle, often summarized by the concept of "oneness."

Trump's Protectionist Fallacies Have Been Refuted By Free Market Economists for Hundreds of Years

Tom Mullen | Posted 08.31.2016 | Entertainment
Tom Mullen

It's not what Donald Trump is against that bothers me. It's what he's for. So much attention has been paid to his immigration stance from a race perspective that no one seems to care how anti-free market his platform is. Trump is running on economic fallacies that have been consistently refuted by free market economists for hundreds of years.

Sanding Down the Rough Edges of Capitalism Is Not Enough

David Morris | Posted 08.06.2016 | Politics
David Morris

I recommend we stop using the term "contributions" to describe the campaign spending of oligarchs and start using the term they themselves often use: "investments". The very rich invest to change the rules in their favor.

Adam Smith vs. Ayn Rand

David Morris | Posted 06.01.2016 | Politics
David Morris

Even with Medicare and Medicaid, tens of millions of Americans lack access to adequate medical care. Many millions have been plunged into bankruptcy because of medical expenses. Obamacare was established to deal with these stark facts. The case of Luis Lang demonstrates that Obamacare is only a step in the right direction.

Privatization Has Been a Colossal Flop

Allen Frances | Posted 05.23.2016 | Science
Allen Frances

We have to face the fact that our massive privatization of what once were government functions has been a failure. There are some public services that get really loused up when done privately and for profit.

The Wealth of People

Francis Levy | Posted 05.12.2016 | Books
Francis Levy

Caterpillar Inc. made headlines a while back when it attempted to freeze wages amidst windfall profits. Supply side economics which epitomizes free market capitalism basically holds that water will find its own level.

Michael McAuliff

Bill Blocks Attempt To Close Gitmo, America's Most Expensive Prison | Michael McAuliff | Posted 04.30.2015 | Politics

WASHINGTON -- The annual price tag for holding prisoners at Guantanamo Bay is nearing $4 million per inmate, but Congress advanced a defense bill earl...

Enslavement of the Middle Class

Harlan Green | Posted 04.26.2015 | Business
Harlan Green

It is the ideology of austerity that has prevailed in the U.S. at least since the 1980s, and Paul Krugman says is putting Europe into its Second Great Depression.

This Is What Happens When You Include A Democrat On A Bill He Never Sponsored

The Huffington Post | Amber Ferguson | Posted 01.15.2015 | Politics

Rep. Adam Smith (D-Wash.) has reason to be a little upset with his colleague Rep. Diane Black (R-Tenn.), who listed Smith’s name as a co-sponsor for...

Adam Smith Midterm Election Results: Smith Beats Republican Challenger

The Huffington Post | Samantha Lachman | Posted 11.05.2014 | Politics

Rep. Adam Smith (D-Wash.) defeated Republican Doug Basler in the state's 9th District Tuesday. Smith, who was first elected to Congress in 1996, w...

The Father of Freakonomics

Natalie Pace | Posted 01.03.2015 | College
Natalie Pace

Dr. Becker won almost every award there was to win in his profession -- including a Nobel Prize in economics and the Presidential Medal of Freedom from President George W. Bush. Becker's book Human Capital (1964) is already as iconic as Adam Smith's writings on laissez faire.

China's Millionaires Are Fleeing. Here's Why

Wang Yong | Posted 12.23.2014 | World
Wang Yong

China has become the world's second biggest economy in the past 30 years, but has failed to grow into a state under the rule of law.

Ready Or Not -- Fatherhood's Unexpected Life Lessons

Christopher Phillips | Posted 12.23.2014 | Parents
Christopher Phillips

Making the real-life transition to "daddy" was far more challenging than I'd imagined. As much as I thought I'd readied myself for life with a bundle of joy, it turns out I was pretty clueless about how to deal with the quantum change.

The Architect of Germany's Third Industrial Revolution: an Interview with Jeremy Rifkin

Todd R. Miller | Posted 12.15.2014 | Business
Todd R. Miller

The architect of Germany's energy revolution, economist Jeremy Rifkin, argues that green energy critics have it backwards when it comes to the impact of renewable energy on economic growth.