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  • Democrat blasts ‘mind-boggling’ GOP for upholding indefinite detention of U.S. citizens


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    Democrat blasts ‘mind-boggling’ GOP for upholding indefinite detention of U.S. citizens (via Raw Story ) Rep. Adam Smith (D-CA), a ranking member of the House Armed Services Committee, blasted legislators on Thursday who voted down his amendment to end the indefinite detention of terrorism suspects. “This is ...
    4 days ago
  • Quotation of the Day…


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    … is from Mike Munger’s August 2005 EconLib essay, “ Everybody Loves Mikey ” (original emphasis): The answer – markets create interdependencies without forcing subjugation, or even allowing abuse – was one of the key insights of Adam Smith in  The Wealth of Nations.   He  said:  ”Observe the ...
    5 days ago
  • From Across the Desk: Capital-Markets Centric Firms


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    Bruce MacEwen of Adam Smith Esq. continues his taxonomy of law firms with the capital-markets centric firms. Continue reading » Follow Above the Law on Twitter or become a fan on Facebook . Tags: Adam Smith Esq , Baker & McKenzie , Big Law , Biglaw , Boutique Law Firms , Bruce MacEwen , ...
    6 days ago
  • Quotation of the Day…


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    … is from page 389 of my colleague Larry White’s splendid 2012 volume,   The Clash of Economic Ideas  (footnotes excluded): Adam Smith, by contrast, did not take the path of [government] spending as given.  He particularly worried about constraining government’s propensity to overspend by waging ...
    6 days ago
  • George Selgins talk "Could deflation be salvation"


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    From the Adam Smith Institute comes this video of a talk given by Professor George Selgin on the possibility that some deflation—that coming from improvements in the supply side, productivity improvements—is not harmful to the economy, but good. He makes the case that the so-called Long Depression of 1873-1896 ...
    6 days ago
  • Hillary Clinton Launches Personal Twitter Feed


    Algemeiner Authority Authority: 662
    Secretary Clinton with Pakistani President Asif Ali Zardari at the Trilateral Consultations with Afghanistan and Pakistan in 2011. Photo: wiki commons. Politico – Hillary Clinton officially started up her personal twitter account Monday, using the photo from her famous meme “Texts from Hillary” as her avatar ...
    1 week ago
  • These Awesome Books Dont Exist Yet—But Should


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    Forget the finding the next instant classic, great American novel, or literary tour de force—we need to get humanitys greatest writers and intellectuals (sit down, Nic Cage) together to work putting stories behind these incredible faux book covers. Like, now. Read more...        
    1 week ago
  • Speciale Sindacati – Conclusioni


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    Bene eccoci alla fine del nostro viaggio attraverso i sindacati. So che siete stufi di sta roba impazienti di sentire le conclusioni, ma prima, per aumentare la suspance… ancora modelli! Sindacati e Lavoratori Alla luce dei modelli che abbiamo visto rimane ancora insoluta una domanda: ma quindi, sindacati si ...
    1 week ago
  • Happy Birthday, Adam Smith


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    The author of The Wealth of Nations would have been 290 years old today, had we discovered warp capability in the 18th century. It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest. We address ourselves, not to their ...
    1 week ago
  • Some Links


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    Diana Thomas (who, I’m proud to say, earned her PhD at GMU Econ) explains the median-voter theorem in this video from LearnLiberty: Richard Rahn explains the prosperity-producing powers of liberating markets from state intervention . Paul Jacob’s common sense tells him that the IRS should be abolished .  I ...
    2 weeks ago
  • June 5 in history


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    70  Titus and his Roman legions breached the middle wall of Jerusalem in the Siege of Jerusalem . 1257  Kraków received city rights. 1305 – Raymond Bertrand de Got became Pope Clement V , succeeding Pope Benedict XI who died one year earlier. 1723 Adam Smith , Scottish economist, was born (d. 1790). 1798 ...
    2 weeks ago
  • Sour grapes


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    Health groups dismayed by news big tobacco funded rightwing thinktanks : "At the current time, with a centre-right government, thinktanks which represent the libertarian right wing like the IEA and ASI are crucial players in the development of public policy," said Deborah Arnott, chief executive of ...
    2 weeks ago
  • From Across the Desk: A Law Firm Taxonomy – Introduction


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    Bruce MacEwen categorizes different types of law firms. Continue reading » Follow Above the Law on Twitter or become a fan on Facebook . Tags: Adam Smith Esq , Big Law , Biglaw , Boutique Law Firms , Bruce MacEwen , categorization , Global Business , Global Work , International Law , ...
    2 weeks ago
  • Sex sells, or does it? A study of the markets


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    Tim Worstall at the Adam Smith Institute looks at the sex trade in the UK as a result of a Daily Mail article about sex workers whining about business . Just for a moment put aside any moral or religious (or even lascivious) thoughts you might have about this sort of trade. Forget even the dubious legality of much ...
    3 weeks ago
  • Mainstream Economics Meets Reality In Japan… (Which Will Blink?)


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    One of the great experiments in human history is going on under our noses while remaining very nearly invisible; it’s rather as though some geneticist had bred up a batch of young Tyrannosaurs Rex and was turning them loose to... Read More ›
    3 weeks ago
  • WA Congressman Signs On As Sponsor Of Federal Bill To Respect State Marijuana Laws


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    Congressman Adam Smith, a Democrat from Washington State, recently became the 16th lawmakers to join as a cosponsor for H.R. 1523, the Respect State Marijuana Laws Act, a federal measure which would require the government to respect states that legalize marijuana, whether for medicine or recreation. The measure has ...
    3 weeks ago
  • Leading postgraduate programs for Asian students


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    There was a time when a bachelor’s degree was the gold standard of professional success and marketability. Today’s employers appear to have shifted priorities, and some commentators (including the New York Times ) have been so bold as to suggest that the master’s is the new bachelor’s degree . Actually, it ...
    3 weeks ago
  • The University of Glasgow Adam Smith Business School


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    The University of Glasgow Adam Smith Business School offers relevant, research-led education in a friendly, supportive and internationally focused environment. Anchored in the intellectual tradition of Adam Smith, the business school offers an educational experience that is enhanced by history and innovation, by ...
    3 weeks ago

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