Because I grew up on the banks of the Mississippi river in Iowa, I have always been a fisherman. But when I left Iowa after college and eventually made my home in the Piedmont region of North Carolina, I became a particular kind of fisherman—a fly fisherman. For me, few experiences in life can rival […]
In my last blog post, I pulled an old economics book off the shelf to share some of the thoughts of classical economist Adam Smith. In his day, Smith talked a lot about the concept of “rational self-interest.” The long and short of Smith’s point was that people tend to act out of their own […]
If you took (or had to take) an economics class in high school or college you may remember hearing about a Scottish fellow by the name of Adam Smith. Smith wrote a fundamental book on how free markets work called An Inquiry into the Nature and Causes of the Wealth of Nations. Published in 1776, […]