Tag: GMU

A Happy Birthday to The Wealth of Nations

Today marks the 235th anniversary of Adam Smith’s An Inquiry into the Nature and Causes of the Wealth of Nations, otherwise known as The Wealth of Nations. I chatted with GMU economics professor Russ Roberts on the book and its enduring impact. This is the first of a two-part discussion:

And you might as well subscribe to the podcast via iTunes or your RSS reader.

More Sense on the President’s Speech

I’m busy dealing with the fallout from the President’s address to students yesterday, especially the cheap-shot smearing as kooks or right-wing zealots anyone who dared question the propriety of the event. That has left me with little time to blog about the speech. Fortunately, I don’t have to: Over at Cafe Hayek, Cato Adjunct Scholar Donald Boudreaux has penned a terrific explanation of why very reasonable people could object to the president’s speech. Here’s the best part:

The idea that we should be ‘inspired’ by winners of political elections — the notion that successful politicians have some special wisdom to impart — the stupid consensus that high political office renders its holders unusually trustworthy when delivering clusters of cliches — is intolerable to men and women who value freedom and individuality.