Madsen Pirie Madsen Pirie

The new mercantilism

Next March will see the 250th anniversary of the publication of Adam Smith’s ‘Wealth of Nations,’ the book that rejected mercantilism and created the study of economics.

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Madsen Pirie Madsen Pirie

Neoliberalism: the record

Although neoliberalism has come under attack from the hard left, its economic achievements have undoubtedly created a better world for millions, even billions, of people. 

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Madsen Pirie Madsen Pirie

What non-economists often misunderstand

There are common misconceptions that non-economists often have about economics. These are not universal mistakes, but they are patterns that economists frequently notice.

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