13 MAY 1938, page 24

Before Adam Smith

ADAM SMITH was—it is generally conceded—the father of political economy ; and comparatively few people bother to trace the pedigree further back. The Physiocrats, yes ; Hume,......

Are Empires Out Of Date ?

STUDENTS of the making and breaking of empires are too frequently one-sided ; they are apt to view their subject either in terms of economic profit and loss (" the......