The more research I have done on economic statistics, appreciating the practical challenges, the less certain I am that we know anything solid about today's economy. --Diane Coyle, The Measure of Progress: Counting What Really Matters,1 (page 29) It would ...

Roger Scruton English philosopher Roger Scruton was knighted in 2016 for his contributions to philosophy, teaching, and public education. A conservative thinker, he drew on Adam Smith's Theory of Moral Sentiments1 (herein TMS) and The Wealth of Nations2 (herein WN) i...

The Theory of Moral Sentiments, by Adam Smith Relationships between people of different generations make up some of the most meaningful connections life has to offer. They shape deep-seated beliefs, goals, and priorities. In The Theory of Moral Sentiments [TMS]...

James Buchanan Virginia Political Economy was born in the foyer of the Social Science Building at the University of Chicago early in 1948. In a casual conversation with a fellow graduate student, Warren Nutter, I discovered that we shared an evaluation and diagno...