The state pension system in the United Kingdom could face financial unsustainability as early as 2036, despite recent ...

Learn about the "invisible hand," a key economic concept introduced by Adam Smith, and its implications in free markets.

Government. The Big G. We like to imagine the free market and the invisible hand as being independent from political ...

Congressman Adam Smith discusses the passage of the "Big, Beautiful Bill," his thoughts about Trump’s foreign policy decisions, and the Democratic Party.

Adam Smith (1723-1790) put together the classical model of economics, consisting of free trade, limited government, the virtue of thrift, balanced budgets and sound money.

Explain the three elements of Adam Smith's system of natural liberty. Describe the statement by Adam Smith read by Mark Skousen and how it relates to Smith's economic philosophy.

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 ...

The system of natural liberty, as described by Smith, provides the social, economic, and political framework that is most advantageous for the flourishing of humankind.

Ivan Velez is an undergraduate economics major from Mexico who shares here a firsthand account of his experience with FIU’s Adam Smith Center for Economic Freedom, a non-partisan think tank. Growing ...