Adam Smith
Coverage of Adam Smith in the Nexus archive.
- Capitalism is about incentives. Stopping the stupidity of socialism is a big incentive
Economist Friedrich Hayek warned that when government controls economic decision-making, it inevitably leads to the loss of individual freedom and 'serfdom.' The article asserts that functional economies rely on individual incentives and property ownership, noting that people pursuing their own interests coordinate economic activity more effectively than central planning. These principles are rooted in observations about free markets, drawing parallels from Adam Smith's work.
- Kshama Sawant flails in comeback challenge to Rep. Adam Smith
Kshama Sawant's comeback attempt in the election was struggling as Rep. Adam Smith dominated the primary field. Her political effort was described as flailing.
- Democrat Adam Smith advances to the general election for U.S. House in Washington’s 9th Congressional District
Adam Smith, a Democrat, has advanced to the general election for the U.S. House in Washington’s 9th Congressional District.
- House votes for Department of War renaming as part of an annual defense bill
The House passed a defense bill renaming the Department of Defense as the Department of War, including a $1.15 trillion spending request and a 5-7% pay raise for service members. The bill faced partisan opposition, with Democrats criticizing defense spending and social policy provisions like a TRICARE gender care ban. Republican leaders attached Trump’s elections overhaul bill to the defense measure, intensifying divisions.
- House votes for Department of War renaming as part of an annual defense bill
The House passed a defense policy bill that includes renaming the Department of Defense to the Department of War, a $1.15 trillion national security budget, and a 5-7% pay raise for service members. The bill, which faced partisan opposition over spending and social policy riders like restrictions on gender-related medical care and eased firearm rules, was approved 216-212. Republican leaders attached Trump's elections overhaul bill to the defense measure, escalating tensions with the Senate.
- House votes to adopt Department of War renaming in annual defense bill
The House passed a defense policy bill incorporating President Trump's $1.15 trillion national security spending request and renaming the Department of Defense as the Department of War. The bill includes service member pay raises, TRICARE restrictions on gender-related medical care, and eased firearm policies on military bases. The partisan 216-212 vote reflects Democratic opposition to Pentagon spending increases and social policy riders, while Republicans linked Trump's elections overhaul bill to the defense measure.
- House votes to adopt Department of War renaming in annual defense bill
The House passed a defense policy bill incorporating President Donald Trump's $1.15 trillion spending request and renaming the Department of Defense as the Department of War. The bill includes a 5-7% pay raise for service members but faced partisan division over spending levels, social policy riders, and the inclusion of Trump's elections overhaul bill.
- Capitol agenda: Johnson's rocky sprint to recess
House GOP leaders face challenges in passing key legislation before summer recess as internal disagreements and external pressures, including President Trump's influence and military casualties in Iran, complicate the agenda. The National Defense Authorization Act (NDAA) and government funding bill are central to the House schedule, with tensions over socially conservative amendments and potential mergers with the SAVE America Act, though Senate opposition may remove these provisions.
- Democrats turn on congressional hopeful after 'hiding' LGBTQ+ views from Muslim voters
Melissa Chaudhry, a Democratic congressional candidate in Washington, faces backlash from her party after admitting she omitted LGBTQ+ issues from her campaign website to avoid alienating Muslim voters. Democratic LGBTQ+ groups urge organizations to reconsider endorsements, citing a breach of transparency and alignment with core Democratic values.
- Democrats turn on congressional hopeful after 'hiding' LGBTQ+ views from Muslim voters
Melissa Chaudhry, a Democratic candidate challenging Rep. Adam Smith, faces backlash and potential loss of endorsements after stating she omitted LGBTQ+ rights from her campaign website to avoid alienating Muslim voters. The Washington State Stonewall Democrats criticized her for hiding her stance, calling it a breach of trust with core Democratic values.
- Democratic congressman who voted to cut off Israel aid decries far-left harassment campaign
Adam Smith, ranking member of House Armed Services Committee, voted to cut off Israel aid and claims anti-Israel activists vandalized his family home and assaulted a staff member. The article appears on The Times of Israel.
- WA congressman calls for Trump’s removal over Strait of Hormuz takeover
Rep. Adam Smith cited President Trump's remarks about taking over the Strait of Hormuz and a speech Trump is making about election security as reasons for calling for his removal.
- Smith Farms plans to have local produce stocked despite dry winter
Smith Farms in Falcon faces challenges due to a dry winter and spring but remains operational with loyal customer support. The farm has adjusted its crops and expects Rocky Ford melons to be available by late July. Despite supply issues, the market plans to continue selling produce through October.
- Elon Musk is building a form of capitalism that Adam Smith would hate
Elon Musk is developing a form of capitalism that Adam Smith would disapprove of, according to Tim O’Reilly. O’Reilly argues that merchants are becoming like princes.
- Disney org chart: Who holds the power in streaming product and tech as Hulu folds into Disney+
Disney is integrating Hulu into Disney+ to boost engagement and profitability, with CEO Josh D'Amaro prioritizing streaming technology and AI tools. Key leaders like Adam Smith and Dana Walden are driving product and creative strategies, while Disney+ and Hulu report strong subscriber retention and profitability.
- Top House Democrats demand "immediate" Rubio briefing on U.S.-Iran deal
Top House Democrats on foreign, defense, and intelligence policy committees demand Secretary of State Marco Rubio provide an immediate briefing on the U.S.-Iran memorandum of understanding. The lawmakers, including Reps. Greg Meeks, Jim Himes, and Adam Smith, seek details on Iran's nuclear program, enforcement mechanisms, and the $300 billion 'reconstruction' fund for Iran.
- Get ready for Disney's big AI ads push
Disney is set to launch a beta version of an AI-generated TV ad tool in July, targeting small- to medium-sized businesses. The tool, highlighted by Disney exec Adam Smith, can create scripts, video, and music, with customization options for audience and context. Industry experts note potential benefits for smaller advertisers but raise quality control concerns.
- Leaked audio: Disney product chief lays out what's part of its 'super app' plans — and what isn't
Disney is not currently building a 'super app' to integrate park tickets, cruises, or merch into its streaming services. Instead, the company is focused on merging Hulu into Disney+ as part of its 'One Disney' initiative. Executives confirmed there are no immediate plans to combine Disney's other businesses into a single app.
- US-Israel defence integration plan heads for House vote despite opposition
A proposal to expand US-Israel military technology cooperation is advancing toward a House vote despite opposition. The United States-Israel Defence Technology Cooperation Initiative, part of the NDAA, survived a committee challenge and would formalize joint projects in areas like AI and cyber security. Critics argue it could undermine US sovereignty, while supporters claim it builds on existing partnerships.
- House Republicans endorse Trump’s Department of War renaming
House Republicans on the Armed Services Committee voted to codify President Trump's executive order renaming the Pentagon as the Department of War in the annual defense bill. The proposal faces Senate resistance but has been endorsed by Trump and Pentagon chief Pete Hegseth, while Democrats criticized it as wasteful and semantic nonsense.
- 12 Democrats vote against Defense bill in rare committee split
Twelve Democrats voted against the House Armed Services Committee's $1.15 trillion Defense policy bill, a rare split. Rep. Adam Smith described it as a 'good solid bill' supporting troop pay raises, allies, and defense.
- House tensions erupt as Rashida Tlaib pushes vote to constrain Trump on Lebanon
House tensions escalated as Rashida Tlaib pushed a Lebanon war powers resolution, sparking a cross-partisan clash over Rep. Max Miller's remarks labeling Hezbollah as terrorists. The debate divided Democrats, with some arguing the resolution could hinder U.S. operations in Lebanon, while Tlaib and allies insisted on swift action to address concerns about the conflict.
- Republicans call off vote on Iran war resolution that was on the verge of passing
Republicans delayed a House vote on a war powers resolution to limit President Donald Trump's military actions in Iran after realizing they lacked the votes to block it. The resolution, sponsored by Democrats, aims to compel Trump to withdraw from the conflict, with growing congressional frustration over the war's impact on shipping and gas prices.
- JONATHAN TURLEY: AOC's war on billionaires twists America's birth into a socialist myth
Rep. Alexandria Ocasio-Cortez claims that true billionaires are a capitalist myth and that the Founders fought against billionaires. However, her statements have been disputed as socialist myths. The American left has long peddled such myths as the wealthy not paying their fair share of taxes.
- Germany troop cuts send wrong signal to Russia, say two top US Republicans
Two top US Republicans warn that Germany's plan to withdraw 5,000 troops risks weakening deterrence against Russia, according to the chairs of the House and Senate armed services committees.
- Rep. Adam Smith on Iran war: "Now we're just fighting to get back to status quo"
Negotiations in the war with Iran are failing, the Strait of Hormuz remains blocked, and U.S. munitions are depleting. Rep. Adam Smith, ranking member of the House Armed Services Committee, discusses the lack of progress on 'The Takeout' podcast.
- Democrat Adam Smith says Iran is 'closer to the truth' than the White House on ceasefire talks
Rep. Adam Smith, a top Democrat on the House Armed Services Committee, accused President Trump of dishonesty regarding Iran ceasefire negotiations, claiming Iran's statements are more reliable. Smith criticized Trump's assertion that Iran had 'agreed on everything,' citing Iran's refusal to abandon enriched uranium as evidence of stalled talks. The Republican National Committee dismissed Smith's remarks, accusing him of political posturing.
- Democrat Adam Smith says Iran is 'closer to the truth' than the White House on ceasefire talks
Rep. Adam Smith, a top Democrat on the House Armed Services Committee, criticized President Trump's honesty regarding Iran ceasefire negotiations, asserting Iran's statements are more reliable. Smith highlighted Trump's claim of Iranian agreement on four-point objectives contradicted by Iran's refusal to abandon enriched uranium, while the RNC dismissed Smith's remarks as uninformed.