Tauquir Shayaan
Bargaining with the Butcher, Baker, and Brewer: A New Look at Smith’s Most Famous Sentences
"Give us this day our daily bread." While Adam Smith may not have been the most devout member…
Wealth of Nations, Book 2: Prudence, Competition, and Party Walls at Econlib
We're excited to collaborate with our colleagues at Liberty Matters to commemorate the 250th anniversary of the publication…
Wealth of Nations, Book 2: Prudence, Competition, and Party Walls
The conclusion is unmistakable: Embrace a variety of issuing banks and ensure complete convertibility, and you’ll find bankers…
The Sacrifice Ratio Puzzle – Econlib
Inflation began its ascent in 2021, largely fueled by pandemic-induced disruptions in the supply chain and the complexities…
The Economics of Scarcity and the UNC-Duke Basketball Game (with Michael Munger)
0:37 Intro. Russ Roberts: It's January 4th, 2026, and I have the pleasure of welcoming back Michael Munger.…
Why Does the Division of Labor Matter?
In his seminal work, An Inquiry into the Nature and Causes of the Wealth of Nations, Adam Smith…
Innovation and Governance in Book 1 of Wealth of Nations
“Smith champions competitive markets, the division of labor, and the institutions that uphold them. However, he argues that…
Innovation and Governance in Book 1 of Wealth of Nations at Econlib
Today at Econlib, we are excited to join our collaborators at Liberty Matters in commemorating the 250th anniversary…
Happy Birthday, Wealth of Nations
Today, we commemorate a significant milestone: the 250th anniversary of Adam Smith’s An Inquiry into the Nature and…
How We Tamed Ourselves and Invented Good and Evil (with Hanno Sauer)
0:37 Intro. Russ Roberts: Today is January 28th, 2026, and my guest is philosopher and author, Hanno Sauer.…
EconLog Price Theory: Housing Quantity and Price
Welcome to the latest installment in our ongoing exploration of price theory challenges, presented by Professor Bryan Cutsinger.…
Don’t Reason from a Quantity Change, Either
During my recent winter break, I ventured back to Massachusetts to spend some family time over the holidays.…
Federal Reserve Revenue: Cutsinger’s Solution
Question: The U.S. Federal Reserve stands apart from typical government entities in two significant ways. First, it has…
The Power of Introverts (with Susan Cain)
0:37 Intro. Russ Roberts: Today is January 13th, 2026, and I am joined by author Susan Cain, making…
Sam’s Links: February Edition – Econlib
Sam Enright is engaged in innovation policy at Progress Ireland, an independent think tank based in Dublin, and…