Adam Smith
The balance of power between humans and machines
Robert Skidelsky dismisses the possibility of our annihilation by a superintelligent computer system, since ‘science tells us that we cannot create such a being’. But does it?
How to increase your home’s value – with a sandwich
It is a tenet of neo-liberal economics that there is no such thing as a free lunch. This is obvious…
Adam Smith would have approved of Trump’s trade tariffs
‘What the hell is going on?’ That anxious wail of economic incomprehension has been heard ever since President Trump decided…
Donald Trump is lashing out in all directions
Trump denounces Muslims, Mexicans… and millionaires
The other side to the division of labour: the concentration of attention
Adam Smith’s theory on the division of labour first appeared in 1776 in The Wealth of Nations. The idea was…
David Starkey’s diary: Why don’t we celebrate the triumphs of private dentistry?
To the dentist. And for an extraction. I hadn’t had a tooth out in decades. But the twinges when I…
The low sculduggery of high Victorian finance
The whole idea of capitalism, according to Enlightenment philosophers, was that it created a positive spiral of moral behaviour. ‘Concern…
Adam Smith is the father of more than one sort of economics
Gandhi would test his resolve by sleeping between two naked virgins, an avenue not really open to me, as my…
The gilded generation - why the young have never had it so good
The statistics speak for themselves. Today’s gilded generation is the most blessed that ever lived
Has land ownership changed our lives for better or for worse?
The highly profitable — and intrinsically selfish — system of land ownership that replaced medieval feudal tenure had profound moral consequences that continue to this day, says John Adamson
Stand up for the real meaning of freedom
We need conservatism now more than ever