By: Rainer Zitelmann

Dr Rainer Zitelmann is a German historian, sociologist and author. His latest book is "The Origins of Poverty and Wealth" https://origins-poverty-wealth.com/

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Why Argentine president Javier Milei’s Davos speech was such a tonic

January 19, 2024

Javier Milei delivered a ringing defence of capitalism in his Davos speech this week
More billionaires, less poverty – this isn’t a zero sum game, no matter what Oxfam claim

January 16, 2024

German historian, sociologist and author Rainer Zitelmann argues billionaires and poverty are not involved in a zero-sum battle
New year new me? Here’s how to set goals you’ll actually achieve

December 31, 2023

New year new me? If you're looking back at those 2023 goals with trepidation, Rainer Zitelmann's here to tell you how you can actually achieve your goals
Why Britain is no friend of capitalism

September 29, 2023

Britain has been a home to free marketeers for centuries. Yet the public don’t seem to want them, writes Dr Rainer Zitelmann in this guest essay for City A.M. You might have thought that the home of Adam Smith, a raft of prominent economists and indeed Margaret Thatcher would have a rose-tinted view of capitalism – or [...]
Adam Smith 300: Adam Smith Institute founder Dr Eamonn Butler on how morality guided the father of economics

June 19, 2023

Nobody changed the dismal science of economics quite like Adam Smith, the Scottish philosopher, author of The Wealth of Nations and The Theory of Moral Sentiments, and father of market economics. June marks the 300th anniversary of Smith’s baptism – nobody quite knows his actual birthday – and to mark the occasion, German historian and [...]
Adam Smith 300: Was the king of free market economics left-wing?

June 16, 2023

Was Adam Smith left wing? Adam Smith is generally regarded as the father of modern capitalism. His works are cited by Milton Friedman, Friedrich August von Hayek and many other liberal and libertarian thinkers. Adam Smith, Friedman explained, “who but for the accident of having been born in the wrong century … undoubtedly have been [...]
Adam Smith 300: Nine global economists have their say on the pioneer’s importance

June 16, 2023

Friday, 16 June 2023 marks the 300th anniversary of Adam Smith’s baptism. The German economic historian and sociologist Rainer Zitelmann, author of the book In Defence of Capitalism , asked free-market economists from nine countries to assess the historical significance of Adam Smith. Professor Stefan Kooths, Kiel Institute for the World Economy, IfW, Germany “What [...]
In Defence of Capitalism: Consumption is good for you and me

April 19, 2023

In his 2015 encyclical “Laudato si”, a blazing indictment of capitalism, Pope Francis proclaimed: “Since the market tends to promote extreme consumerism in an effort to sell its products, people can easily get caught up in a whirlwind of needless buying and spending. Compulsive consumerism is one example of how the techno-economic paradigm affects individuals”. [...]
In defence of capitalism: Why greed can be good for consumers

April 12, 2023

In the seventh of an eight-part series, sociologist and author Dr Rainer Zitelmann pulls apart the arguments against free markets. This week, he takes on the idea that capitalism uniquely creates greed and selfishness The British economist Paul Collier has put together a series of proposals on how capitalism should be ‘reformed.’ He criticizes the [...]
In Defence of Capitalism: Why Nokia and MySpace lost their monopolies

April 6, 2023

Each week, Dr Rainer Zitelmann mythbusts the arguments against capitalism. This week, it’s the idea that capitalism creates monopolies – but looking at Nokia and MySpace amongst others suggests otherwise In an international survey on popular perceptions of capitalism, which I commissioned for the book In Defence of Capitalism, one of the main criticisms levelled [...]

Wolff Mercedes stake sale will have impact on value of Formula 1

Wolff Mercedes stake sale will have impact on value of Formula 1

Sartoria opens in Kensington, plus the best London restaurants to visit

By: Rainer Zitelmann

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