In this edition of the Reading Wheel Review, Dr. Jordan Ballor, executive director of First Liberty’s Center for Religion, Culture, and Democracy, interviews Dr. Erik Matson, Gibbons Fellow in Economics at the Catholic University of America and co-director of the Adam Smith Program at George Mason University. March marks the
Why in America? In December 1815, Hezekiah Niles reflected on the impressive pace of American economic development in the Baltimore magazine Weekly Register. Although population in the young republic had rapidly increased, wealth had increased more, defying the logic of Thomas Robert Malthus’s 1798 Essay on the Principle of Population.
Adam Smith (1723–1790) was an important moral philosopher, political economist, and member of the Scottish Enlightenment who Christians should read. This year marks the 250th anniversary of what many people view as his most important work: An Inquiry into the Nature and Causes of the Wealth of Nations. But Smith’s
This division of labour, from which so many advantages are derived, is not originally the effect of any human wisdom, which foresees and intends that general opulence to which it gives occasion. It is the necessary, though very slow and gradual consequence of a certain propensity in human nature which
