From WSJopinion: Adam Smith predicted that only an expansion of markets could lead to increased prosperity. This is precisely what has happened since the fall of socialist planned economies, writes RZitelmann.
Wonder Land: Inspired by China and Saudi Arabia, Team Biden's vision for U.S. industrial policy is one in which the government explicitly leads; everyone else follows. Images: AP/AFP/Getty Images Composite: Mark Kellyfeeling disappointed.
He received far less than he had hoped, and the will confirmed what Smith’s friends had long suspected: The Scottish economist, who always earned an above-average income, had donated almost his entire fortune to the poor, mostly in secret.Continue reading your article with
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