An Inquiry into the Nature and Causes of the Wealth of Nations by Adam Smith: A Timeless Exploration of Economic Principles

An Inquiry into the Nature and Causes of the Wealth of Nations by Adam Smith: A Timeless Exploration of Economic Principles

By Grace Alvarez | January 30, 2024 | Comments Off on An Inquiry into the Nature and Causes of the Wealth of Nations by Adam Smith: A Timeless Exploration of Economic Principles

Adam Smith’s seminal work, “An Inquiry into the Nature and Causes of the Wealth of Nations,” remains a cornerstone in economic literature, offering profound insights into the nature of wealth, commerce, and the functioning of economies. Published in 1776, Smith’s magnum opus laid the foundation for modern economic thought and continues to influence scholars, policymakers,…

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Milton Friedman: Nobel Prize-Winning Economist and Scholar.

Milton Friedman: Nobel Prize-Winning Economist and Scholar.

By Zackary Kralik | June 19, 2023 | Comments Off on Milton Friedman: Nobel Prize-Winning Economist and Scholar.

One of the most influential economists of the twentieth century, American economist Milton Friedman received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy. His work is so significant that it is now required reading for any student of economic…

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In the News: Investing Book That Flopped 32 Years Ago Now Sells for Thousands

In the News: Investing Book That Flopped 32 Years Ago Now Sells for Thousands

By Adrienne Raptis | May 18, 2023 | Comments Off on In the News: Investing Book That Flopped 32 Years Ago Now Sells for Thousands

The following article was published in the Wall Street Journal on May 15, 2023 Investing Book That Flopped 32 Years Ago Now Sells for Thousands – WSJ By Spencer Jakab Libraries take special precautions with an out-of-print publication by fund manager Seth Klarman; ‘I compare it to jewelry or a Rolex watch’     NEW YORK—Walk…

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F.A. Hayek: Celebrating One of the Greatest Economists of the 20th Century.

F.A. Hayek: Celebrating One of the Greatest Economists of the 20th Century.

By Drew Mercantini | August 20, 2022 | Comments Off on F.A. Hayek: Celebrating One of the Greatest Economists of the 20th Century.

Born on May 8th, 1899 in Vienna, Friedrich August von Hayek was a scholar by nature and pedigree. His father and grandfathers either taught or studied the natural sciences and economics. When Hayek entered the University of Vienna, his intellectual appetites led him to pursue courses in philosophy, psychology, and economics. He was hired soon…

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The Work and Philosophy of Peter Drucker.

The Work and Philosophy of Peter Drucker.

By Susan Christiansen | September 29, 2020 | Comments Off on The Work and Philosophy of Peter Drucker.

The most influential figure in the development of management theory and practice, Austrian-born American consultant and author Peter Drucker’s thirty-nine books have been translated into more than thirty-six languages. Drucker’s writings have predicted many of the major developments of the late twentieth century and he was a leader in the development of management education. Rather…

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The Works and Life of David Ricardo

The Works and Life of David Ricardo

By Adrienne Raptis | August 3, 2020 | Comments Off on The Works and Life of David Ricardo

David Ricardo’s name belongs on a list the most influential classical economists in history, including Adam Smith, Thomas Malthus, and James Mill. Born as one of seventeen children, Ricardo learned about competitive business interactions early on from his father, Abraham Ricardo, a successful stockbroker in London. Following in his father’s footsteps, he made a fortune…

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Ludwig von Mises’ Human Action: A Treatise on Economics.

Ludwig von Mises’ Human Action: A Treatise on Economics.

By Susan Christiansen | September 25, 2019 | Comments Off on Ludwig von Mises’ Human Action: A Treatise on Economics.

One of the most influential economic treatises of the twentieth century and Austrian-American economist Ludwig von Mises’ single most important work, Human Action: A Treatise on Economics, first appeared 70 years ago, in September of 1949. Human Action was first published by the Yale University Press in 1949 and later that same year in London…

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Friedrich August von Hayek’s The Road to Serfdom

Friedrich August von Hayek’s The Road to Serfdom

By Susan Christiansen | March 9, 2019 | Comments Off on Friedrich August von Hayek’s The Road to Serfdom

One of the most influential and popular expositions of classical liberalism ever published first appeared in March of 1944.   The Road to Serfdom was first published in London by Routledge & Sons in March 1944 in the midst of World War II, and due to the book’s popularity during this time of paper rationing, Hayek…

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The Life and Lessons of Henry Hazlitt

The Life and Lessons of Henry Hazlitt

By Susan Christiansen | May 3, 2017 | Comments Off on The Life and Lessons of Henry Hazlitt

Considered among the leading economic thinkers of the twentieth century, American financial journalist and writer Henry Stuart Hazlitt is perhaps best known for introducing the ideas of the Austrian School of economics to American thought. Through both his prolific literary career and editorial reviews of the revolutionary works of leading economists including Ludwig Von Mises and F.A. Hayek,…

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Adam Smith’s The Wealth of Nations

Adam Smith’s The Wealth of Nations

By Adrienne Raptis | November 3, 2014 | Comments Off on Adam Smith’s The Wealth of Nations

“First and greatest classic of modern economic thought”: First Edition of Adam Smith’s Wealth of Nations American economist and historian Robert L. Heilbroner writes about Adam Smith’s influence on capitalism: Adam Smith’s enormous authority resides, in the end, in the same property that we discover in Marx: not in any ideology, but in an effort…

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