One word can have such distinct meanings that I never connect them. Consider the words ‘conversion’ and ‘redemption’, important in the vocabularies of Christians and the bond market. And then…
Adam Smith was not known for his fondness for the performing arts. By contrast, John Maynard Keynes was the de facto arts minister in Britain during World War II. He…
Former Walloomsac Inn, Bennington, Vt. 4/2011 They say we should beware of people who buy ink by the barrel, usually meaning journalists and media barons. But there are other owner-operators…
I have been musing on Adam Smith, the moral philosopher, for the past few days. As I said yesterday, I find it increasingly difficult to believe ‘an invisible hand’ alludes…
The Oct. 18 New Yorker has an excellent essay on Adam Smith by Adam Gopnik (behind subscription wall.) Nominally, it is a favorable review of Adam Smith: An Enlightened Life…