As US President-elect Donald Trump threatens tariffs strategically targeted when semi-skilled manufacturing jobs leave the US, it might be a time to consider Adam Smith's "Wealth of Nations." Analysis from A|B Bernstein, however, notes that Smith’s economic classic may have outlived his usefulness in the era of robots and automation that know no national boundaries.
Adam Smith's book was a benchmark for making capital allocation decisions
When it was published in 1776, when Englishman Adam Smith published his benchmark book, “
Setup a free account to get access to this article (no credit card required).Login required to continue reading.
Already a member? Log in here
