Acton Institute Powerblog Archives

Post Tagged 'adam smith'

Adam Smith, the British Grant (or Jackson)

The title of this post is not intended to imply anything by way of comparison between Smith and the American gentlemen. It is only to report that the United Kingdom has launched a new 20£ note sporting the visage of the Father of Economics. Continue Reading...

The fallacy of Adam’s fallacy

Duncan Foley’s new book, Adam’s Fallacy, is the latest installment among the critics of free-market economics to spin economic history according to the received wisdom of today’s Center-Left intelligentsia. Lest this statement be too harsh, let it be shown that Foley himself reports that his intention in writing the book is not to get bogged down in historical and textual analysis of the key economic texts of the last three-hundred years but to tell his own “imaginatively reconstructed” account of the broad sweep of modern economic history. Continue Reading...
Exit mobile version