Carbon Tax: How Would Adam Smith React to Modern Economic Initiatives?
In a new episode of Bloomberg's podcast, the discussion revolves around how the philosophy of Adam Smith, the father of economics, could influence the perception of contemporary carbon tax initiatives. A carbon tax is a mechanism designed to reduce carbon emissions, which in turn should aid in combating global warming.
Continue readingAnalyzing the UK's Budget Deficit Through the Lens of Adam Smith's Ideas
A new episode of the podcast discusses contemporary economic challenges in the UK, particularly the rise in the budget deficit, and how the ideas of the famous 18th-century economist Adam Smith might influence the understanding of these complex issues. The podcast hosts reflect on what Smith might think about the current economic situation, including government spending, inflation problems, and declining real incomes for citizens.
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