The Universal Adam Smith

It’s not often that we can take a historical figure from the past and compare their thinking with our modern ways. Our world is constantly changing, with new technology on the rise and different laws going into effect, we can’t stop the speed at which our globe is spinning. However, some ideas have remained the same, with little to no change—one of those ideas is the practice of free market economy.   This concept arose during the 18th century and was inspired by a man named Adam Smith. He was a Scotsman who was dedicated to studying the world, its …

Share
Continue Reading

Adam Smith on the High Seas by Barbara Potter

I wake up at 3:20 a.m. and I don’t remember where I am. It’s pitch dark and I hear a steady hum somewhere far below my room. As I reach for my iPhone, it comes back to me: I’m in a ten-by-twelve foot cabin on the F Deck of the Mærsk Mc-Kinney Møller, the largest container ship in the world. We’re at dock.

There’s no telephone, no television, and no wifi, only an orange glow visible through the window. It’s night one of a four-night voyage from Algeciras, Spain to Rotterdam, and our video crew is onboard to get a behind-the-scenes look at the operations of this mammoth ship.

(more…)

Share
Continue Reading