Although Adam Smith is well-known for emphasizing division of labor, his analysis was woefully incomplete, as Dr. Mark Thornton points out.
Forbes contributors publish independent expert analyses and insights. I share tips about launching, validating and growing startups. When it comes to concepts from economics useful to startup founders ...
Subscribe to Merryn Talks Money on Apple Podcasts Subscribe to Merryn Talks Money on Spotify What would philosopher and political economist Adam Smith think of Donald Trump’s love of tariffs? What ...
Quote of the Day: A powerful Quote of the Day does more than sound wise; it asks us to pause and examine how we think, judge, and act in our everyday lives. Some quotes endure not because they offer ...
Adam Smith’s seminal contributions continue to illuminate the interconnected realms of economic behaviour and moral philosophy. His works, notably The Wealth of Nations and The Theory of Moral ...