The Worst Man In Modern History
byIt seems extraordinary that in defiance of all factual history and philosophical knowledge anyone should celebrate the bicentenary of the birth of Karl Marx….
Karl Marx
Karl Marx and Marxism at Two Hundred
by Dr Richard M. EbelingA specter continues to haunt the world, the specter of Karl Marx. Two hundred years ago, on May 5, 1818, the father of twentieth…
Economics – orthodox and heterodox
by John PhelanIn 2008 as The Great Moderation came to an end, Queen Elizabeth II asked Mervyn King “Why did no-one see this coming?” Her Majesty…
The bankruptcy of governments
by Alasdair MacleodThe following is a transcript of the “Adam Smith Lecture” I gave at a private gathering in London on 19 February. For a long…
Class war, Adam Smith, and the Marginal Productivity Theory of Distribution
by John PhelanThere is a pleasure almost cruel in seeing someone deploy irrefutable logic to destroy an opponent’s arguments. I felt it this week reading George…