Smith probably would have been shocked by the extent of specialisation in the 21st-century economy (and probably also pleased with his foresight).

To reimagine a better South Africa, capitalism and its unequal class structure have to be challenged

The class structure and capitalism have to be challenged to reimagine a viable and just country

Value is subjective. Things have no intrinsic value but to the degree that someone desires the

Power in post-apartheid South Africa lies with the party, the state and capital. The tourism minister masks her complicity with bad governance, and being part of the economic and…

We should let go of the hope that our favourite clubs are going to act altruistically in English football’s looming financial crisis

The balance between growth and exploitation is tenuous, writes Piet Naudé.

American economists Leonid Hurwicz, Eric Maskin and Roger Myerson won the 2007 Nobel Prize for Economics on Monday for laying the foundations of an economic theory that…