Tauquir Shayaan
Cutsinger’s Solution: Housing Quantity and Price
Question: Housing is an exceptionally durable asset, often enduring for decades. Let’s delve into the housing market of…
The Wealth of Nations: A Classic of English Literature
The Wealth of Nations stands as an enduring pillar of English literature—though let’s be honest, it’s not exactly…
Why Adam Smith Embraced Commercial Society: The Wealth of Nations, Book 3
“A significant portion of Book 3 delves into the historical transition from the feudal order that dominated Europe…
Why Adam Smith Embraced Commercial Society: The Wealth of Nations, Book 3 at Econlib
We are excited to partner with Liberty Matters in commemorating the 250th anniversary of the publication of An…
The Match That Lit the Flame: Hannah Senesh and the Creation of Modern Israel (with Matti Friedman)
What drives a cohort of young Jewish individuals, having narrowly escaped the horrors of the Holocaust, to undertake…
Adam Smith on the Labor Theory of Value
Adam Smith, often heralded as the father of economics, made significant contributions to our understanding of market dynamics,…
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…