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Equality, Wealth, and Power and the Need for Civil Government in Adam Smith, Part 1
How can political equality last in a world of economic inequality? Adam Smith's answer rests on analytical egalitarianism, where institutional design ensures competition, justice, and broad participation in governance. Jimena Hurtado explains in this two-part series.
Equality, Wealth, and Power and the Need for Civil Government in Adam Smith, Part 2
How can political equality last in a world of economic inequality? Adam Smith's answer rests on analytical egalitarianism, where institutional design ensures competition, justice, and broad participation in governance. Jimena Hurtado focuses on the American colonies in the final part of this two-part series.
Extra: The Scottish Enlightenment and Smith's Origins
The Scottish Enlightenment was a remarkable intellectual movement that shaped modern economics, philosophy, and social science. Adam Smith was at its center. Learn more from Anna Leman and Michael Munger.
Exemption is the New Privilege
Free and open trade is better for building wealth and human flourishing than privilege and protection for the select few.
Tech Panic, Then and Now: Judge Glock on AI, Regulation, and Real Harms
Is tech panic new—or just history on repeat? Judge Glock (Manhattan Institute) walks through what past tech scares (lead gasoline, CFCs, TV) got right and wrong, why “ externalities ” matter more than vibes, and how to think about AI regulation today—transparency mandates, liability vs. preclearance, “AI pauses,” and realistic optimism. We end with his own journey from socialism to markets.