Just four months before The Declaration of Independence was adopted on July 4, 1776, Adam Smith published The Wealth ...

Did Adam Smith—celebrated hero of free trade—make a big exception for reasons of national defense? Would he support the Jones ...

John Mauldin celebrates American freedom.

Adam Smith’s Wealth of Nations, published in 1776, famously described what would be one of the central drivers of economic progress for centuries to come: the division of labor. Thomas W. Malone ...

The Fourth of July holiday celebrates community — national and also local. Parades featuring people in uniform — scouts, ...

The American Revolution went hand-in-hand with an economic revolution that transformed human political and social, as well as commercial life, and continues to unfold.

The important thing to focus on in chief executive compensation is not how much folks are paid, but how they are paid.

However, as shown below, tariffs – except for miliary reasons (that Adam Smith advocated in his Wealth of Nations) – are not a good substitute for solving the problem.

When politicians intervene in the economy, they often do it in the name of mitigating “greed” or “profiteering.” While they ...

Forecasters say for the first time in more than six decades, more immigrants are likely to leave the U.S. than come in this year. That could be a drag on the economy.

THIS week, the UK government commemorates the first anniversary of its landslide election victory. Despite its big ...

Protectionist trade policies, tariffs, encouraging domestic production and discouraging imports, retaliatory policies ...