Adam Smith’s economic outlook has been one of the defining aspects of our economy for nearly a century.
And the latest economic data shows that growth in the US economy has been stronger than the global economy over the past decade.
But is it sustainable?
This episode of The Money Show explores the question.
Adam Smith, the economist and economist of the United States who revolutionized the economics of trade, innovation and wealth creation, died in 1811.
His legacy lives on in the way we do business, our society and our lives.
We are joined by The Money Podcast co-hosts Adam Smith Institute president and chief economist Andrew Weil, author of The Wealth of Nations: How to Create Prosperity and Prosperity Now: Adam Smith, The Wealth and Power of the Market.
They’ll discuss what economists are learning about the economy, what the latest data shows, and how to get ahead in the economy.
Adam, The Economist, a term coined by the English philosopher, Adam Smith.
Adam was the first economist to study markets, the economy and its workings and the world’s economic system.
He was a fierce critic of the mercantilism of Adam Smith and the mercurial character of his economics.
We’ve also discussed his theory of a perfect market, and the importance of education for economic success.
Adam Smith was also the founder of the Economic Association of America.
Adam’s economic insights have influenced our thinking about how markets work, how we can get rich and why we need government policies that create jobs, strengthen the middle class and improve the environment.
The Money Show is produced by CNBC.