‘The Wealth of Nations’ and 250 Years of Economists Missing the Point
‘The Wealth of Nations’ and 250 Years of Economists Missing the Point
Northwood University Professor Gabriel F. Benzecry and Daniel J. Smith recall the timeless messages of Adam Smith and how overwhelmingly we’ve failed to absorb and implement them this new piece for The Independent Institute.
By Dr. Gabriel Benzecry, Daniel J. Smith
The Foundational Role of Private Property
The Foundational Role of Private Property
There is growing interest in socialist ideas, especially among college-age Americans. To be precise, 62% of young Americans between 18 and 29 years old have a favorable view of socialism, according to a 2025 survey by Cato Institute and YouGov. This makes Friedrich A. Hayek’s The Road to Serfdom, a critique of the dangers of...
By Daniel J. Smith, Dr. Gabriel Benzecry
California Burning: Price Controls Destroy Like Wildfire
California Burning: Price Controls Destroy Like Wildfire
At first glance, what appears to be just another natural disaster, upon closer look, reveals a widespread state policy failure driven by a flat-earth theory of economic policy. In recent years, the state of California has waged a war against insurance companies. The California Department of Insurance (CDI) has closely regulated insurance premiums, requiring approval...
By Dr. Gabriel Benzecry