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 ...

He is clearly rather a fan of Adam Smith. An audience who had read either ... because it appears to represent an obvious failure of capitalism. In a perfect environment with no barriers to entry ...

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, ...

It's very fashionable to be in favour of the stakeholder economy. This is the idea that companies should think about more ...

Adam D. Dixon holds the Adam Smith Chair in Sustainable Capitalism at Adam Smith’s Panmure House, the last and final home of moral philosopher and father of economics Adam Smith. Professor Dixon is ...