"Smith's Wealth of Nations, Marx's Capital and Keynes's General Theory are three paradigmatic texts which are foundational to any study of economics or political economy. Although they have long been abundantly quoted and commented on, these "Great Books" paradoxically are being read less and...

"Law is to society as gravity is to the solar system, it is the invisible force that holds it together and keeps it operating smoothly and productively. Law enhances social cooperation, facilitates trade, and extends the market. In these ways, law functions like Adams Smith's invisible hand,...

Purpose – This paper suggests that BoP producer businesses provide greater potential positive impact on poverty alleviation than BoP consumer businesses. With this purpose, the authors explore the positive short‐term and long‐term economic effects of BoP producer businesses on the poor and...

Adam Smith war nicht nur der wichtigste Vordenker von Kapitalismus und Marktwirtschaft, sondern auch ihr erster grundlegender Kritiker. Das zeigt Gerhard Streminger in seiner fulminanten, aus den Quellen gearbeiteten Biographie des "ökonomischen Luther", wie Friedrich Engels Smith einmal...