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GOP Doesn't Know Smith From Adam.

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Title: GOP Doesn't Know Smith From Adam.
Authors: Riley, Jason L. (AUTHOR)
Source: Wall Street Journal - Online Edition. 2/18/2026, pN.PAG-N.PAG. 1p.
Subjects: Smith, Adam, 1723-1790, Wealth of Nations, The (Book : Smith), Intervention (Federal government), Republicans, Free enterprise, Mercantile system, Republican Party (U.S. : 1854- ), Neoclassical school of economics, Protectionism, Trump, Donald, 1946-
Abstract: The article discusses the upcoming 250th anniversary of Adam Smith's "An Inquiry Into the Nature and Causes of the Wealth of Nations," emphasizing its significance as a foundational text of modern classical economics. It critiques the current state of the Republican Party, particularly under Donald Trump's leadership, for adopting policies that resemble mercantilism rather than free-market principles, such as government intervention in industries and protectionist tariffs. The author argues that Republicans should revisit Smith's ideas to realign with the core tenets of economic freedom and free trade, which prioritize consumer welfare over cronyism and government control. The piece calls for a renewed commitment to free-market economics within the party as it navigates its future. [Extracted from the article]
Copyright of Wall Street Journal - Online Edition is the property of Dow Jones & Company Inc and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
Database: Regional Business News
FullText Text:
  Availability: 0
Header DbId: bwh
DbLabel: Regional Business News
An: 191660247
AccessLevel: 6
PubType: News
PubTypeId: newspaperArticle
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  Data: The article discusses the upcoming 250th anniversary of Adam Smith's "An Inquiry Into the Nature and Causes of the Wealth of Nations," emphasizing its significance as a foundational text of modern classical economics. It critiques the current state of the Republican Party, particularly under Donald Trump's leadership, for adopting policies that resemble mercantilism rather than free-market principles, such as government intervention in industries and protectionist tariffs. The author argues that Republicans should revisit Smith's ideas to realign with the core tenets of economic freedom and free trade, which prioritize consumer welfare over cronyism and government control. The piece calls for a renewed commitment to free-market economics within the party as it navigates its future. [Extracted from the article]
– Name: AbstractSuppliedCopyright
  Label:
  Group: Ab
  Data: <i>Copyright of Wall Street Journal - Online Edition is the property of Dow Jones & Company Inc and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.)
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RecordInfo BibRecord:
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      – Code: eng
        Text: English
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        StartPage: N.PAG
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      – SubjectFull: Smith, Adam, 1723-1790
        Type: general
      – SubjectFull: Wealth of Nations, The (Book : Smith)
        Type: general
      – SubjectFull: Intervention (Federal government)
        Type: general
      – SubjectFull: Republicans
        Type: general
      – SubjectFull: Free enterprise
        Type: general
      – SubjectFull: Mercantile system
        Type: general
      – SubjectFull: Republican Party (U.S. : 1854- )
        Type: general
      – SubjectFull: Neoclassical school of economics
        Type: general
      – SubjectFull: Protectionism
        Type: general
      – SubjectFull: Trump, Donald, 1946-
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      – TitleFull: GOP Doesn't Know Smith From Adam.
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              M: 02
              Text: 2/18/2026
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              Y: 2026
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