Adam Smith is the patron saint of free trade. His name gets dropped in every debate about tariffs, usually by the side that wants them gone. Politicians wave around copies of The Wealth of Nations like it is scripture, quoting selectively, proving whatever they already believed. Smith said free trade is good. End of discussion. […]
When Tariffs Win: The Tiny Exception Smith Made for National Security Read More »
Adam Smith never meant to make you stupid. When he wrote about pin factories in 1776, he was trying to explain why England was getting rich. One worker draws the wire, another straightens it, a third cuts it, a fourth points it. Eighteen distinct operations to make a single pin. Ten workers could make 48,000
The Paradox of Plenty: Why Specialization Makes You Richer and Dumber Read More »
Your landlord just raised your rent again. Your savings account yields 0.5% while inflation runs at 3%. Meanwhile, someone’s trust fund baby Instagram account shows them sipping cocktails in Bali, captioned “passive income life.” And somewhere in your chest, something tightens—a feeling that’s part envy, part moral indignation, and entirely confused about whether it should