Acton Institute Powerblog Archives

Post Tagged 'adam smith'

January 15, 2026

AI and the Return of Architectonic Labor

The free enterprise system’s greatest prophets saw the trade-off from the beginning. The division of labor generates unprecedented wealth while subjecting workers to menial labor that diminishes our personal and political capacities. Continue Reading...
June 24, 2025

An Economist’s Summer Reading List

It’s that time of year again! Longer, warmer days hopefully bring a little more downtime for summer reading. Whether you’re reading them in a hammock or at poolside, these books are exciting and relevant and will keep your mind engaged during the dog days of summer. Continue Reading...
April 23, 2024

Brady, Jordan, or Hayek: Who’s the Real GOAT?

Trendy title aside, Tyler Cowen’s new book, GOAT: Who Is the Greatest Economist of All Time and Why Does It Matter?,is a mini masterpiece. Cowen takes the reader on a whirlwind tour of the life and works of the greatest economists of all time (Milton Friedman, John Maynard Keynes, Hayek, J.S. Continue Reading...
March 08, 2023

The Adam Smith We Need

There are two reasons to read Glory M. Liu’s new comprehensive book, Adam Smith’s America: How a Scottish Philosopher Became an Icon of American Capitalism. The first is that if you are a student of economics or history, there is a remarkable amount of well-documented information packaged into a logically sequential analysis that is well worth your time. Continue Reading...
June 29, 2022

The ground is shifting under Francis Fukuyama’s feet

In Liberalism and Its Discontents, Francis Fukuyama aims to defend liberal political ideas and institutions against rising and now entrenched detractors from the postliberal left and the right. As he notes, “liberalism is under severe threat around the world … its virtues need to be clearly articulated and celebrated once again.” Continue Reading...
October 01, 2021

Free trade with China is still good for us all

Doug Irwin in his seminal book Free Trade Under Fire points out that Democrats and Republicans have historically vacillated on free trade. The Democratic Party of the late 19th century up until World War II was the party of trade liberalization when Republicans consistently voted for high tariffs. Continue Reading...