Adam Smith Himself
Happy 290th Birthday, Adam Smith
Born in Kirkcaldy, Fife, June 5, 1723; died in Edinburgh July 17, 1790, at age 67. (There’s some question as to his exact date of birth, but June 5, 1723 was the date his baptism was recorded and it’s all but universally deemed his birthday.) He’s now memorialized with a statue on Edinburgh’s Royal Mile.
Adam Smith Himself, Articles
Happy Birthday, Adam Smith
Born June 5, 1723, Kirkcaldy, Scotland. Died July 17, 1790, Edinburgh. Today would be his 289th birthday.
Adam Smith Himself, Articles
Dewey: 1909—??
Two firms have this week received far more press attention than, one suspects, they counted on or quite know how to cope with: Our own industry’s Dewey LeBoeuf, and of course the iconic (good and bad sense) Goldman Sachs. Goldman Let’s take Goldman first. Its moment—which is displaying a half-life far longer than the typical
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Two Books
Today we’re talking about books. Specifically, Robert Frank’s The Darwin Economy and David Rose’s The Moral Foundation of Economic Behavior. I believe the first–far better known–is a failure and the second–while too drily academic to gain a wide popular audience–is a success. Frank is a widely published and well-know economics professor at Cornell’s Johnson Graduate
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The “Adam Smith” Award for Innovation in Legal Service Delivery
A couple of weeks ago I learned that the legal department of Kraft Foods issued its “Adam Smith” award, for innovation in the delivery of legal services, to Clifford Chance, and Kraft intends it to be an annual award. I was curious to learn more. The first thing I learned was that the award was
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European Trip
I got back to New York this past Memorial Day Weekend after my extended European trip. While the trip was even more professionally rewarding and successful than I had hoped–not to mention fascinating and deeply gratifying on a personal level–I owe you all, Dear Readers, an immediate and fervent apology for appearing to have gone
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Adam Smith’s Home Town
If you’ve never been to Edinburgh, I highly commend it to you. And that’s not just because of the Adam Smith connections, although that’s what I’ll very briefly mention here. We’re staying about 200 yards down the Royal Mile from Adam Smith’s new statue, unveiled 4 July 2008, and about 400 yards up from his
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What I’m Reading
From time to time, people ask me what I’m reading when trying to figure out what is going on in the economy these days. A glib response might be, "anything I can get my hands on," but the question deserves a more thoughtful response, so herewith a book review and a few pointers to online
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BigLaw & The Big Three
Consider Detroit’s Big Three. Having made what turned out to be bad bets on over-investing in now shunned product lines, they’ve been conspicuously laying people off, downsizing, attempting to renegotiate credit lines, and furiously trying to revamp their product offerings to align to and conform with the world’s new reality. Sound familiar? It should because
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Nobel Prize in Economics/2008
Not every day do we get a new Nobel Prize winner in Economics, not to mention one whose name, Paul Krugman, might actually be familiar to more Americans than the few of us who are poor closet economists. Krugman is of course not only a Princeton professor (we pause to take pride here in the
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