We're no longer surprised that so many people bow down to the Invisible Hand of economics, worshipping its messenger coins and notes, and attending its oracles, the Wall Street analysts. Adam Smith, the 18th-century originator of the invisible hand metaphor, took pains to affirm its workings should be tempered by moral considerations and should not be interpreted as the will of God. Those emphases have been lost.

Image credit: DepositphotosIn 2025 it’s hard to argue that social media are not to blame for...

What are sustainable cities, and can we build them? I put my Institute Fellows’ decades of experience...