On March 9, 1776, a Scottish philosopher published a book that would reshape the intellectual foundations of economics and politics for centuries to come. The author was Adam Smith, and the book—The Wealth of Nations—offered a sweeping explanation of how nations grow prosperous. With…
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On November 17, 1993, the House of Representatives passed one of the most monumental trade agreements in history. The North American Free Trade Agreement (NAFTA), implemented in 1994 among the United States, Canada, and Mexico, aimed to foster economic cooperation by reducing trade barriers…
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