Adam Smith

Fair Trade Is Still a Fraud

American Institute for Economic Research, October 20, 2021 Fair Trade Is Still a Fraud James Bovard The Biden administration is embracing the same flawed “fair trade” mantra that previous administrations used to sanctify protectionist policies. Biden’s team has “largely dispensed with the idea of free trade as a goal in and of itself,” the New […]
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Adam Smith’s Invisible Hand Is At Our Throats

The invisible hand As everyone knows, Adam Smith invented the theory that individual self-interest is, and ought to be, the main motivating force of human economic activity, and that this, in effect, serves the wider social interest. He put forward  a detailed description of this concept in an immense book, “The Wealth of Nations” (1776). Adam Smith (1723-1790) had been[Read More...]

Prometheus and America: The True Story of the American System by Anton Chaitkin

In this second presentation of the series “A Harmony of Interests: Inquiries into the True Nature of the American System“, sponsored by the Rising Tide Foundation, historian Anton Chaitkin (author of Treason in America [1984] and The Unauthorized Biography of George Bush [1991]) introduces his upcoming book and guides us through a powerful sweep of history stretching from a young Benjamin Franklin’s efforts to cr

The Geopolitics of Epistemological Warfare: From Babylon to Neocon

Originally published on the Strategic Culture Foundation
I think any sane human being can agree that while war was never a good idea, war in the 21st century is an absolutely intolerable one. The problem we currently face is that many of the forces driving world events towards an all-out war of “Mutually Assured Annihilation” are anything but sane.