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Mark Jamison

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Articles

Adam Smith’s Warning for America’s New Socialists

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By Mark Jamison
| Political Economy with Jim Pethokoukis
Socialism has acquired an appeal that few would have imagined a decade ago. Bernie Sanders’s near success as a presidential candidate seemed like a one-off. But now, self-declared socialists are winning elections. The appeal isn’t surprising. Americans are experiencing anxieties about housing, health care, the economy, and technology. Some feel helpless. Socialists offer a deceptively simple explanation: Powerful corporations and wealthy Americans have rigged the system.
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Adam Smith’s Warning for America’s New Socialists

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By Mark Jamison
| National Review Verified
Socialism's growing appeal reflects economic anxiety, but Adam Smith's critique of the "man of system" warns against centralized economic planning. Smith argued that prosperity depends on economic liberty, property rights, security, and the rule of law, allowing individuals with different ambitions to coordinate voluntarily rather than through government coercion.
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Why Trump v. Slaughter won’t scare off AI investment

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By Mark Jamison
| Political Economy with Jim Pethokoukis
America’s prosperity depends on a simple act of faith. Businesses spend billions of dollars today because they believe tomorrow’s government won’t change its rules after the money has already been spent. Imagine sitting in the boardroom of one of America’s artificial intelligence companies or electric utilities on June 30. On the table is a $15 billion investment to build data centers that will train frontier AI models through the next decade.
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