No example of a barter economy, pure and simple, has ever been described, let alone the emergence from it of money; all available ethnography suggests that there never has been such a thing Caroline Humphrey, Barter and Economic Disintegration (1985)

Adam Smith

If Adam Smith is celebrated for one thing, this is his fervent support for free trade. Well, here are 7 points he makes to refute this view.

Adam Smith is not normally known as a man of religion. But he was, and had very strong such feelings.

Did Adam Smith actually peddle socialist ideas?

Was Adam Smith actually for the unionisation of labourers to counter the injustices of their bosses?

Adam Smith is known as a free-market, private-enterprise advocate. But to most people he is only known through descriptions of scholars that just repackaged him to a clean-cut product. What happens if we actually read what he wrote?