Adam Smith Institute

It's often said that corporate culture cannot be changed....just another reason why GM should be allowed to go bust then?

Something that perhaps economists don't pay enough attention to: the weather.

Time for a scalpel....or perhaps a machete? That might depend on whether you think you can cut 10% out of this or 50%.

One thing President-elect Obama should certainly be congratulated on. Proving Naomi Klein entirely wrong.

Media outrage as a poltician visits a turkey slaughtering plant and turkeys are....being slaughtered.

Not a good sign: markets rise because a politician is appointed to office. Do we really want the economy to depend upon the (highly variable, to be polite) quality of those who seek office? Or would we prefer that the economy were insulated from the (highly variable, to be polite) quality of those who seek office?

And finally, what those names on the map really mean (no, not this set of meanings).

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