Adam Smith Archives · Reason and Balance

SOCIALISM: SOCIETY’S BOGEYMAN OR SAVIOR?

Posted onJuly 1, 2021May 13, 2024

Capitalism versus Socialism and/or Communism. We’ve tried to keep opinion to a minimum and present factual information. It’s up to readers/viewers to draw their own conclusions. Read More …

FREE TRADE v TARIFFS: Ricardo’s Comparative Advantage

Posted onAugust 1, 2019July 28, 2021

Video about David Ricardo’s theory of Comparative Advantage. Discussion lead by David Dixon Lentz Read More …

FREE TRADE and RICARDO’s COMPARATIVE ADVANTAGE

Posted onDecember 4, 2017December 4, 2017

Please see the basic, hopefully educational video by David Dixon Lentz (or, as he prefers just David Lentz) above. It is intended to accurately convey information and/or theories which, we believe are either readily accepted as being valid by accredited colleges and universities and/or have an objective rational basis that justifies further investigation by those Read More …

IS FREE TRADE A GOOD THING?

Posted onApril 6, 2017July 29, 2021

The genesis of free trade theory in many ways starts with the man many consider to be the Father of Capitalism, Adam Smith. He addressed the issue several hundred years ago in his famous book “The Wealth of Nations”. There he showed how two countries specializing in producing and trading goods in which they have Read More …

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