“When externalities exist and interested parties can negotiate and trade, they can discover who puts the highest value on using or possessing a resource.” ~ Christopher Lingle and Janna Lu
READ MORE“At its root, economic self-interest means taking responsibility for one’s own survival and material well-being; it means taking care of oneself so as not to burden society, which lays the foundation for a happiness based on achievement and self-worth.” ~ Robert Edward Gordon
READ MORE“What is the place of God in our ethics? What is our nature? What is our civilization? Which way is up? The Smith tercentenary is a special opportunity to come together in Adam Smith.” ~ Daniel B. Klein
READ MORE“We should be wary of eating the seed corn – but also wary of killing the proverbial goose that lays the golden eggs. The world’s poor deserve no less than the full opportunity of market exchange.” ~ Hannah Mead Kling, Julia R. Norgaard & Nikolai G. Wenzel
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