The early days of Capitalism saw political economists struggling to comprehend the laws governing the flow of capital and related activities. As the system grew more complex, understanding and critical assessments of Capitalism declined. Many universities abandoned courses on economic history and political economy, leaving behind incomprehensible mathematical models. Despite the influence of Adam Smith, David Ricardo, and Thomas Malthus, their ideas are often misunderstood. Our series aims to break through the veil of opacity by re-examining past ideas and their relevance to today's economic crisis.
1. The Birth of the Free Market
Aired: Oct 14, 2014Capitalism is much more complex than the vision Adam Smith laid out in The We...
