Mention of the name Adam Smith calls to mind the “invisible hand” of the market, free trade, even capitalism itself. And money makes this capitalist world go round. So the Bank of England’s decision to feature Smith’s face on its twenty-pound notes, starting this spring , certainly seems appropriate. The Bank’s Governor, Mervyn King,...
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Adam Smith: A Capitalist Icon?
New Prime Minister for Japan: Business as Usual
Japan has a new Prime Minister who seems eager to foster nationalism. We look at his policies for furthering the interests of the Japanese capitalism. Koizumi’s five and a half year reign as Prime Minister came to a voluntary end in September. He tossed the keys to the official residence to his protege Shinzo...
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Japan: A Woman for Emperor?
Japanese Prime Minister Koizumi is an unlikely advocate of women’s rights. But earlier this year the well-coiffed leader was keen to promote gender equality. Not for all women, mind you, or even a few, but rather a four-year-old girl known as Her Imperial Highness Princess Aiko. He supported an effort to revise the Imperial...
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