5 min read ⌚ How did the global economy become what it is today? What has the division of labor done for humankind’s transformation? This time, we are summarizing the main ideas of legendary theorist and thinker Adam Smith. Who Should Read “The Wealth of Nations”? And Why? Every serious economist knows deeply about Adam Smith […]
11 min read ⌚ In 1849, the Scottish philosopher and historian Thomas Carlyle coined the phrase “the dismal science” to describe economics. His contemporary, John Stuart Mill, loudly contested Carlyle’s views, expressing his optimism that economics has the best shot of all human endeavors to actually make us better people. And like it or hate it, […]
Website language:
