explaining how "the system of perfect liberty" (also called "the system of natural liberty") -- the way Smith referred to commercial capitalism -- came into being, as well as how it worked. Adam ...

The essential feature of capitalism is the motive to make a profit. As Adam Smith, the 18th century philosopher and father of modern economics, said: “It is not from the benevolence of the butcher, ...

Brian Cox is set to make his return to Scottish theater after a decade-long hiatus in “Make It Happen,” a new satirical play ...

This course seeks to explore the theory, history, and state structures of capitalism; examine its manifestations in several national contexts; and understand the ways in which systemic changes to ...

This point doesn’t detract from the high quality of Sundararajan’s book, which is essential to understanding how today’s crowd-based capitalism beats yesterday’s industrial revolution. In Adam Smith’s ...